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Company Searches International provides Business Reports on all registered businesses in Saudi Arabia.
The Full Company name & at least the town where the company registered or ZIP code is required to undertake a search, as businesses in the USA register by state rather than centrally.
Business Reports
These are general company profiles based on the most up to date information available at local official registries and other sources. They are available on a three speed service.
Contents of a Business Report:
Identity, Legal Status & History
- Date of Incorporation
- Registration Number
- Any Changes of Name
Ownership & Management
- Directors
- Shareholders (where available)
Issued Share Capital
Activities & Operations
- Associated & Affiliated Companies
- Principle Activities
- Branches
Financial & Public Record Information
- Often get a Turnover Figure & Value of Assets but no profit & loss
A Summary & Credit Opinion
Principal Business Types
Joint Stock Company/Corporation
Minimum of five shareholders is required. A Public company must have a capital of at least SR 10 million. Private companies at least SR 2 million. Shareholders have limited liability to the amount invested.
Limited Liability Company
Minimum number of shareholders is two and the maximum fifty. Minimum share capital is SR 500,000. Transfer of shares is restricted. Shareholders have limited liability up to the amount invested.
General Partnership
Joint Liability Partnership. Must have at least two partners who are jointly and severally liable for debts.
Limited Partnership
Mixed Liability Partnership. At least one partner must be fully liable for debts and one limited partner who is liable for the amount invested.
Sole Proprietorship
None as an establishment. Business of an individual who has unlimited liability for all debts.
Company Accounts Filing Requirements
All limited liability partnerships, joint stock companies, and co-operative companies are required to submit a copy of their audited financial statement to the Ministry of Commerce within six months from the financial year end.
Filing Exemptions
Not obliged to make Financial Data public (to our knowledge)
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