THE LAW ON THE AUTHORITIES OF
THE MINISTRY OF COMMERCE

HIGHLIGHTS OF THE LAW ON THE AUTHORITIES OF THE MINISTRY OF COMMERCE:

• Specifies the range of powers delegated to the Ministry of Commerce, including authority over trade policies, commercial regulations, and promotion initiatives.
• Outlines the diverse functions and responsibilities entrusted to the Ministry, such as market regulation, consumer protection, trade promotion, and industry development.
• Establishes mechanisms for collaboration with relevant stakeholders, including businesses, industry associations, and other government agencies, to enhance coordination and promote synergy in commerce-related initiatives.
• Implements accountability measures to ensure transparency and integrity in the Ministry’s actions and decisions.

ISSUER OF THE LAW ON THE AUTHORITIES OF THE MINISTRY OF COMMERCE:

The laws and regulations pertaining to the authorities and functions of the Ministry of Commerce, as well as the Ministry of Investment, are typically issued by the Saudi Arabian government. These laws outline the roles, responsibilities, and powers of the ministry concerning various aspects of commerce, investment, and trade within the country.

WHO IS SUBJECT TO THE LAW ON THE AUTHORITIES OF THE MINISTRY OF COMMERCE:

• Applicable to the Ministry of Commerce itself, governing its actions and decisions in fulfilling its designated powers and functions.
• Also applicable to businesses, organizations, and individuals engaged in commercial activities within the jurisdiction, as the Ministry regulates and oversees commerce on their behalf.