FAQ Target Group (All) corporate services Commercial Register commercial agencies Brand Names Consulting professions consumer Commercial cover-up reports reception service (for establishments) Can sub-registers be issued for the main register? Sub-registers cannot be issued for the main register. What is the duration of a commercial register? There is no duration for a commercial register, and data must be verified annually. Can more than one business activity be conducted on a single commercial register? Yes, more than one business activity can be conducted on a single commercial register. What is meant by annual commercial register confirmation? Annual commercial register confirmation is the process undertaken by the commercial register holder to verify the accuracy of the data in the commercial register. When is the annual confirmation due? The annual confirmation due date depends on the commercial register's issuance date. What are the consequences of not submitting the annual commercial registration confirmation statement? If the annual commercial registration confirmation statement is not submitted within three months of its due date, the following actions will be taken:- Sending a reminder text message to the commercial registration holder.- Imposing a fine on the commercial registration.- Suspending the commercial registration. How is the annual commercial registration confirmation statement submitted? The annual commercial registration confirmation statement is submitted electronically. What is the duration of the annual confirmation of the commercial registration? The duration of the annual confirmation of the commercial registration is one year, and the commercial registration holder must submit the annual confirmation within three months of its due date. Is the annual confirmation fee-based or free? The annual confirmation service is provided for a fee. What is meant by commercial registration suspension? It is a measure taken by the Ministry of Commerce to temporarily suspend a commercial registration due to failure to submit the annual confirmation statement. What is the duration of commercial registration suspension? Commercial registration suspension lasts for one year. If the owner fails to submit the annual confirmation statement within this period, the commercial registration will be permanently cancelled. What are the procedures required to lift a commercial registration suspension? A commercial registration suspension is lifted by paying the annual confirmation fee and the resulting suspension penalty. What are the consequences of a commercial registration suspension? The commercial registration suspends all services related to the commercial registration. What are the reasons for suspending a commercial registration? A commercial registration is automatically suspended if the annual confirmation statement is not submitted within three months of its due date. Can a suspended commercial registration be modified? A suspended commercial registration cannot be modified. What is mandatory deletion? It is a procedure taken by the Ministry of Commerce to permanently cancel a commercial registration. What are the reasons for mandatory deletion of a commercial register? A commercial register is mandatory deletion in the following cases:- A final court ruling is issued deleting the entry from the commercial register.- Completion of liquidation pursuant to the Companies Law or the Bankruptcy Law.- Death of the merchant, unless his heirs request amendment of the entry.- Suspension of the commercial register and failure of the commercial register owner to submit a request to lift the suspension during the suspension period. What is the difference between mandatory deletion and voluntary deletion? Voluntary deletion: A merchant submits a request to voluntarily delete his/her commercial registration if he/she ceases to conduct business. Mandatory deletion is a procedure taken by the Ministry of Commerce to permanently cancel the commercial registration. Can a commercial register be restored after deletion? It is not possible to restore a commercial register after deletion. Is it necessary to cancel the commercial register and issue a new one if you move from one region to another? The commercial register is unified for all regions of the Kingdom and is not specific to a specific region. 1 2 Page Content Last Modified 09 Mar 2019 Rate Number of votes: 10425 ShareMC