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Article 2

No: 228 Date(g): 8/1/2019 | Date(h): 2/5/1440 Status: In-Force

Commercial or professional activities referred to in Article 1(15) of the Law are:

 1.real estate brokerage; 
 2.trading in gold, precious stones, or metals where the value of the transaction exceeds 50,000 Saudi riyals, whether said transaction is carried out in a single transaction or seemingly-linked multiple transactions, and whether carried out through a sole proprietorship or a commercial company; and 
 3.legal or accounting services relating to any of the following activities that are provided by lawyers, accountants, or other persons in the practice of their profession: 
  a.customer’s purchase, sale, or lease of real property;
  b.management of a customer's funds, including his bank or investment accounts or his other assets;
  c.establishment, operation, or management of entities with legal personality or subject to a legal arrangement, or the organization of subscriptions related thereto; and
  d.customer’s acquisition or sale of commercial companies.