Ministry: It takes just 3 minutes for a single institution to issue a commercial register.

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According to the Ministry of Commerce, it takes up to 180 seconds to issue a commercial register for a single institution from the time the application is submitted until it is issued.

The ministry made these comments in an interview with Al-Eqtisadiya daily. It said that when someone applied for a business registration, the service would provide them a phone number to call to follow up on the request in the simplest and quickest way possible.

14,842 registers made up the total number of commercial registers used in the wholesale food and beverage industry.

The ministry highlighted that by making it possible to quickly issue the electronic business register and have it authorized by the qualified employee, it has worked to make it easier for people to get registers without having to visit the ministry’s headquarters.

Additionally, it has urged all businesses in the private sector to take advantage of the ministry’s initiative to help the business sector access data electronically through its smart apps by offering free access to commercial register information for companies and institutions through the “Wathiq” portal.

The ministry’s program to encourage e-commerce and the digital revolution in Saudi Arabia also aims to energize and boost these sectors of the economy.

Additionally, to strengthen the private sector, improve the trustworthiness of electronic transactions between businesses, and help businesses expand by providing new possibilities for businesses across many industries.

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