Accepting the Transfer of Commercial License Ownership

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Accepting the Transfer of Commercial License Ownership
  • Commercial licenses
  • Food/drinks
  • Consulting
  • Tourist
  • Companies
  • Industrial
  • Medical
  • Legal

This electronic service available on the Balady platform enables the previous owner to submit a request to transfer ownership of their commercial license to another owner. This applies to various business activities, including but not limited to: business licenses, environmental licenses, industrial company licenses, medical company licenses, food company licenses, tourism company licenses, and professional institution licenses.
After completing the request for transferring the ownership of the commercial license, any unauthorized permits will be proactively canceled by the new owner.

service level agreement

Acceptance of transfer of license ownership

1. Log in to the Baladi platform.

2. Click on the "Services List" link from the "Services" menu in the top navigation bar.

3. Search for the "Accept Transfer of Commercial License Ownership" service by entering the service name in the search box ("Search here...").

4. Once the requested service appears, you can view its details by clicking on "Details."

5. After reviewing the service card, you can begin the process by clicking on the "Start Service" button.

6. You can also refer to the user guide to review the steps for requesting the service.

 

Lease contract, title deed or investment contract for the site from the municipality or other government agencies.

Find out the list of requirements and government approvals required by type of activity.

Read the executive instructions of the list of fines and penalties for municipal violations.

الاسئلة الشائعة
How to print a letter proving that the ownership of the licenses has been transferred to another person and that they no longer belong to the previous owner?
In the event that the ownership has been transferred from the Balady website, the cancellation scene can be printed from the old owner after completing the application, and in the event of transferring the commercial registry associated with the licenses, it is sufficient for the statement printed by the Ministry of Commerce.
In the event of transfer of ownership and cancellation of the license, is external approval required?
No external approval is required to approve the transfer of ownership request.
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Establishments
Target audience
1 - 10 Days
Service duration
Submit electronically only through Balady portal, Mobile
Service channels
Service release date
Commercial licenses
Product
عربي, إنجليزي
لغات تقديم الخدمة
Service Cost
Service Cost
SMS Notifications
متوفر

Payment Channels

  • Sadad
  • Visa
  • Mastercard
  • Mada
  • Apple Pay

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Last update date: - Saudi Arabia
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