Service Description

Companies and individuals may submit a request online to the Authentication Department at the Ministry of Justice (MoJ) to document a commercial license shares sell contract, which is an agreement between the seller and buyer to sell a commercial license shares in return for a defined amount of money.

Online Instructions

• Login to Sak Electronic portal using your username and password on the national authentication system "Tawtheeq".
• Select “Authentication Services”, then “Sell”, and then “Sell a Commercial License Shares”.
• Select applicant (first party seller - second party buyer), then enter the expiry date of the personal identification document.
• Choose the capacity and enter its details, then click on “Add”.
• Select forms and enter transaction details, along with the additional text form that includes the agreed additional contract terms, then click on “Save”.
• Write the terms of contract in the template text. 
• Enter the following documents:
  • Personal identification (copy of QID/ passport) for natural person
  • Copy of valid commercial registration, establishment ID and commercial license (for juridical person)
  • Copy of valid power of attorney, in case the signature on the document is based on a power of attorney
  • Determination of heirs and letter from the General Authority for Minor Affairs
  • Copy of the sales contract fulfilling the required stamps
• Pay appropriate fees and submit the application request. 

Offline Instructions

• Visit any of the single window OSS branches affiliated to MoJ.
• Provide all the required documents.

Service Center

Any single window OSS branch affiliated to MoJ

Additional Information

• The application is submitted online, along with the approval of parties and the registrar, then the transaction - in terms of fee payment and printing of a documented contract – is completed at any of the MoJ branches or the ministry’s headquarters.
• When attending in person to complete the transaction, all original copies of the sales contract must be brought fulfilling all the required stamps.
• The application will be completed or rejected with a statement of reasons within two working days. In the event that the request is approved, the parties must go to one of the branches of the Ministry of Justice to complete the application.
• If the transaction is “resubmission”, the system displays the “rejected” application details, then the user reviews and modifies the data before resending the application in no more than 30 days from the rejection date or, otherwise, it is canceled.
• If the application is not completed within 30 days, the transaction will be canceled.
• The details of the party are verified through QID number - expiry date.
• The applicant shall be a resident/citizen and registered in Hukoomi database.
• The first party in the transaction can be more than one person.
• The applicant may not be repeated with the same identity or details proving such identity.
• The transaction may be presented by  a delegate and s/he will not be shown as a party in the transaction
• The system sends an SMS to the parties of the transaction clarifying that the transaction has been received and it is to be approved or rejected.
• The transaction may be completed as well by visiting any of the single window OSS branches affiliated to the ministry or through Sak mobile app.

Fees

• Three copies: QR 100
• Each Party: QR 50
• Any additional copy: QR 50