Accepting the transfer of ownership of a commercial license

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Accepting the transfer of ownership of a commercial license
  • Commercial licenses
  • Food/drinks
  • Consulting
  • Tourist
  • Companies
  • Industrial
  • Medical
  • Legal

Through this service, the new owner can accept the transfer of the commercial license and start doing business with it.

service level agreement

Acceptance of transfer of license ownership

 

1) Acknowledgment of acceptance of the application.

2) Fill in the information such as (the name of the new store).

3) Pay the fees, if any.

 

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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Governmental Entities
Target audience
1 - 10 Days
Service duration
Submit electronically only through Balady portal, Mobile
Service channels
Service release date
Commercial licenses
Product
Service Cost
Free
Service Cost

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Last update date: - Saudi Arabia
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