Saudi Arabia’s Ministry of Commerce and Industry has called on the public to share their opinions by Feb. 1 on amending the fees for renewing membership at the Chambers of Commerce.
Under the amendment, fees will be set based on the number of workers in each company as well as its capital, instead of the firm’s activity.
Membership in the chambers of commerce will be free-of-charge for the first year under the new system, after which the new fees will be applied.
|
Article (14) before amendment |
||
|
Classification |
Subscribers |
Fees (SAR) |
|
Excellent Class |
All commercial or industry firms |
10,000 |
|
First Class |
Joint-stock companies, exchange and finance firms, banks and LLCs with capital less than SAR 5 million, and first class contractors. |
5,000 |
|
Second Class |
Joint-liability company, partnership corporation, LLCs with capital less than SAR 5 million, and second class contractors. |
2,000 |
|
Third Class |
Other contractors, real estate offices, and commercial agents. |
800 |
|
Fourth Class |
Others |
300 |
|
Article (14) after amendment (SAR) |
|||
|
Category |
No. of Employees |
Fees for firms with capital less than SAR 1 mln |
Fees for firms with capital equal to/more than SAR 1 mln |
|
First Class |
More than500 |
10,000 |
10,000 |
|
Second Class |
21-499 |
2,500 |
3,000 |
|
Third Class |
5-20 |
1,500 |
2,000 |
|
Fourth Class |
Less than 5 |
1,000 |
1,500 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}