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TRANSFORMATION FROM A LIMITED LIABILITY COMPANY TO A CLOSED JOINT STOCK COMPANY

Ministry of Commerce

This service enables you to submit a request to convert from a limited liability company to a closed joint stock company, by submitting a request to convert a limited liability company of two or more partners into a joint stock company (it has no branches and its partners are Saudis)

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Person
Target audience
Clock
Not specified
Service duration
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Arabic and English
Service provided in
Price
Free
Service cost

Customer support

Login to the service, Login by username and password, Click on “Submit New Application”, then click on “Transforming from LLC to Closed Joint Stock Company”, Fill in the required columns and attach the required documents, then click on the “Send”, to be checked and approved by the concerned auditor online, Documentation of the transformation or partners' decision, Payment of fees for the publication of the Ministry's decision relevant to transformation; (Ministerial Decision on Licensing), as well as the partners decision, Notify the Ministry about holding the Transformative Assembly, before three days minimum, or forty-five days maximum, Send the minutes of the assembly and the statute, in case it is amended, to be audited and approved by the concerned employee online, The employee receives the results and the minutes of the Transformation Assembly, Uploading the members of the Board of Directors and the amendments on the Statute, Governance Employee Approval on the members of the Board of Directors and on the amendments of the statute, Payment of the fees for publishing the Ministry's decision relevant to the transformation and the statute (The Second Ministerial Advertisement), also the commercial register fee and the Chamber of Commerce subscription fee, Printing the Commercial Registration online, without having to attend any of the Ministry's branches

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