JEDDAH: Saudi Arabia’s business landscape is expanding at a record pace, with commercial registrations surpassing 1.7 million by the end of the third quarter of 2025, data from the Ministry of Commerce showed.

The ministry’s Business Sector Bulletin showed that over 128,000 new commercial records were issued in the three-month period.

The report highlighted that institutions accounted for more than 1.2 million registrations, a 21 percent rise over the past five years. The number of limited liability companies climbed to 502,000, marking an increase of 158 percent, while joint-stock company registrations reached 4,488, up 49 percent from 2020.

The surge highlights Saudi Arabia’s drive to improve ease of doing business and diversify its economy under Vision 2030, supported by reforms such as the new Commercial Register and Trade Names laws.

It streamlined procedures by eliminating subsidiary registers and city-based requirements, making a single registration valid nationwide.