SERVICE
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Quittance of Companies

Ministry of Commerce

This service enables the client to apply to partners' decisions and amend the establishment contracts.

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Person
Businesses, Corporations
Target audience
Clock
1.0 Days(s)
Service duration
Message-square
Arabic and English
Service provided in
Channel
Portal,
Service channels
Price
1500.0
Service cost

Frequently Asked Questions

Customer support

  • Access through the website of the Ministry of Commerce and Investment. E-Services - Corporate Services - Amendment and Decisions of Partners.
  • Select the company to make an update and fill the required data and send the application to be studied by the employee and update the company.
  • After accepting the update - the company for which a partner decision will be made is selected from my list of authorized companies - options - action - (partner decision).
  • In case the company is (limited-solidarity-limited partnership) and in the case of the company (professional-mixed-foreign-Gulf-holding) is loaded form the decision of the required partners and then attached.
  • Fill out the data and then submit the request for checking.
  • After acceptance of the application and documentation, pay the publication fees.
  • Update the company data before making the decision of the partners (the update is applied only once).
  • (First stage of filtering)
  • Partners' liquidation decision on the company's publications, and it is approved by one of the following entities (Chamber of Commerce - Ministry of Commerce employee - Bank employee)
  • The liquidation month is on the liquidator's publications and his signature is approved
  • A recent financial position of the company on the date of liquidation by a certified public accountant in the Kingdom of Saudi Arabia
  • The approval of the Ministry of Investment on liquidation if the company is licensed by the Ministry of Investment
  • (Second stage of filtering)
  • After 30 days have passed since the publication of the decision submitted in the first stage, a new decision must be submitted for the second stage with the following requirements:
  • A certificate from the General Authority of Zakat and Tax of no objection to canceling the commercial registration of the liquidated company
  • The month of the end of the liquidation on the liquidator's publications, and his signature is approved
  • Final account from a certified public accountant in the Kingdom of Saudi Arabia
  • Note - In the event that the company's publications are not available, its mother and the commercial registration number are added at the top of the document
  • Liquidation of a company that did not work:
  • Partners' decision to liquidate on the company's publications, and the signatures are authenticated by one of the following bodies (the Chamber of Commerce - an employee of the Ministry of Commerce - an employee of the bank)
  • The approval of the Ministry of Investment on liquidation (only if the company is licensed by the Ministry of Investment)
  • Note - In the event that the company's publications are not available, its mother and the commercial registration number are added at the top of the document

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