FAQ

Target Group

What are the steps to renew the commercial registration of the company (all types of companies)?

The steps are done electronically by entering through the corporate services portal: com.cr.sa

- Choose an icon (companies)

- Make decision

- renewal

- Determine the main register and branches (if any).

- Determine the number of years

- Payment of fees

- Print the company's commercial register

What is the method of establishing a professional company?

The terms and conditions of service for commercial companies are verified in addition to the following:

A valid professional license must be available for one of the partners at the time of submitting the application, and if one of the partners is non-Saudi, a license issued from within the Kingdom must be attached.

The proportion of the licensed Saudi partner shall not be less than (25%) of the capital of the professional company in case the company is mixed.

The percentage of licensed partners shall not be less than 70%.

Is there a specific percentage for each partner (professional company)?

Yes, the percentage of the licensed Saudi partner must not be less than (25%) of the professional company’s capital, and the percentage of the licensed partners must not be less than (70%).

How can the commercial register of a company be translated into English?

To translate the commercial register into English, you must first ensure that:

Commercial records are valid

- The activity of the commercial register should be according to the national classification of economic activities ISIC4

Service steps:

1- Log in to the service via the website.

2- Click on the translation of the commercial register icon.

3- Fill in the application information and click on the “Submit” option.

4- Payment of service fees.

5- Printing the Commercial Registration Certificate in English without the need to visit the Ministry’s branches

What is the method of amending the contract for companies (Limited Companies - Partnerships - Simple Recommendations)

Steps to obtain the service if the partners are a Saudi individual - a resident or non-resident Gulf - a foreign individual - a Saudi company - a Saudi institution - a foreign company:

1- Login to the Saudi Business Center platform

2-Choose the service of amending the articles of incorporation of a company

3- Fill in the service form

4- Electronic approval and amendment of the Memorandum of Association

If one of the partners is (a Gulf company - a government agency - an association - an endowment):

Enter the Saudi Business Center platform

Choose the service of amending the articles of incorporation of a company

Fill out the service form and submit the request

View the request from the customer service employee

Check the request

In the event of approval, amend the Memorandum of Association

In the event that there are notes, re-order the notes

In the event that the application does not comply with the rules and regulations, the application will be rejected

How to obtain forms for amending contracts according to a court ruling?

Service steps to obtain contract modification forms:

1- Login to https://pd.mc.gov.sa/ذ

2- Login to the account with the username and password.

3- Click on the new request option from the . https://pd.mc.gov.sa/

4- Get the form.

What is the method for amending the professional company contract according to the new royal decree?

Companies established through the electronic system can amend electronically, while companies established manually are done through https://pd.mc.gov.sa/

How are losses recorded for the company?

This is done through the company's representatives applying to record the incident, and these losses are noted internally.

What is the capital reduction mechanism?

To reduce the capital, two methods are available as follows:

The first method: submitting a partners’ decision (capital reduction) and waiting 60 days, and then submitting an amended contract to the company with the reduction that was made.

The second method: Preparing a decision by the partners on the company’s letterhead that there are no debts on the company, whether short or long-term, and that they are in solidarity if any debts are found, and their pledge to bear all responsibility when it appears, and it is stamped by a legal accounting office / amended contract.

What is the way to modify the CR for company ?

through the digital branch

Steps to obtain the service:

1- Log in through the corporate services portal.

2- Click on the My Commercial Records icon.

3- Click on the options in front of the commercial register, and then choose “Modify the register.”

4- Fill in the required information and click on the submit request icon.

5- The invoice sent on the mobile phone is paid, and then the commercial registration is printed without the need to visit the Ministry's branches.

What is the method of converting from a limited company to a joint stock company?

Service terms and requirements:

1- Fill in the partners’ decision to convert the company from a limited liability company to a closed joint stock company.

2- Fill in the draft articles of association of joint stock companies.

3- Attach the original capital deposit certificate, provided that it is not less than (500) thousand.

4- The approval of the partners via text messages for the transformation of the company entity.

5- The commercial registration must be valid.

Steps to obtain the service:

1- Log in to the service via the website on the joint stock company incorporation system.

2- Submitting an application to transfer the legal entity to the company and sending it for audit.

3- Issuance of the commercial register.

What is the liquidation mechanism for (Limited-Limited-Limited-Solidarity-Simple Partnership) companies?

1- The partners’ decision to liquidate after signing

2- Declaring the decision in accordance with the approved form signed and stamped by the company’s liquidator appointed by the partners’ decision.

3- A recent financial position at the date of liquidation approved by a certified public accountant licensed to work in the Kingdom.

4- A certificate from the Zakat, Tax and Customs Authority stating that there are no dues and no objection to liquidating the company.

5- A closing account for the liquidation showing that there are no obligations on the company and that it is signed by all the partners and the signatures of the companies with limited liability are authenticated.

6- The approval of the Ministry of Investment on liquidation (in case the company is foreign, mixed, or a foreign branch).

7- The month and end of the liquidation according to the approved form

8- Verifying the cancellation of licenses linked to the Central Bank.

Is the capacity of the board of directors or board of managers' members mentioned in the commercial registry? For example: (Chairman of the Board - Member - Chief Executive Officer)?

Yes, the capacity of the board of directors or board of managers' members is mentioned in the commercial registry, such as: (Chairman of the Board, Member, or Chief Executive Officer).

Can a cancelled commercial registry be reinstated?

No, a cancelled commercial registry cannot be reinstated.

If the owner of an establishment passes away and the heirs do not request an amendment to the registry entry, and it is cancelled after 180 days, can the heirs request the reinstatement of the registry?

No, the heirs cannot reinstate the cancelled commercial registry.

A company's registry has been suspended for five years, and they wish to confirm the commercial registry. Will the fees be for confirming the registry for one year, or will the previous years of suspension be calculated?

The company is not entitled to request the lifting of the commercial registry suspension if it has exceeded one year from the date of suspension.

Has the status "(Suspended by the Ministry of Justice)" been removed from commercial registries?

There is no "Suspended" status in commercial registries.

Is the activity license linked automatically, and how is it linked to the system?

The license associated with the activity is verified through a technical link with the licensing authority.

Is the annual confirmation subject to fees or is it free?

The annual confirmation service for the commercial registry is provided for a fee.

Are spelling errors in the commercial registry entry corrected automatically by the system, or is a request submitted by the merchants, and is it free or subject to fees?

If a spelling error is found during the registration or amendment process, it will be corrected within five days from the date the error is discovered by the Ministry or from the date the client submits a correction request for a fee. The correction is free of charge if the error was made by the Ministry.

Last Modified 09 Mar 2019

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