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Ministry of Commerce

Transfer CR Ownership

Transfer ownership of a commercial registration to a new owner.

When selling or assigning an existing establishment, agreement between the parties is not enough; the commercial register must be officially transferred so rights and obligations pass to the new owner. The procedure requires both parties' approval, settling obligations with linked authorities such as ZATCA and GOSI, and arranging workers and licences linked to the establishment. At Tasami we review the establishment's status and obligations with both parties, explain what must be settled first, follow the transfer request through Ministry of Commerce platforms and help the new owner update data with other authorities.

Ministry of Commerce

What we deliver

We receive your request, review the details and documents, and follow it through the official platforms, updating you on WhatsApp.

Platform

AbsherQiwa

What we need from you

  • Establishment or individual details
  • The documents listed for the service
  • Platform access permissions when needed

Approximate timing

We usually start within working hours once the details are complete — the final duration depends on the case and the platform.

We work through official platforms and are not a government entity. No prices on the site — details on WhatsApp.

FAQ

Do obligations pass to the new owner?+

Some may, depending on the case, so we recommend reviewing and settling all obligations before transfer.

Must both parties be involved?+

The procedure requires both parties' approval on official platforms; we explain each party's role.

Can an establishment with workers be transferred?+

Yes, under regulatory conditions, with workers' status arranged as the procedure requires.

Is Tasami a government entity or a business broker?+

No, we are a follow-up services office handling procedures only, not a party to the sale or valuation.

Who is Transfer CR Ownership for?

  • Owners selling an existing establishment with its register and activity.
  • Buyers wanting an existing establishment transferred to their name.
  • Heirs arranging ownership of an establishment after a death.
  • Anyone assigning an establishment to a relative or partner.

Transfer CR Ownership steps with Tasami

  1. 1

    We review the register status and the establishment's obligations.

  2. 2

    We explain requirements and documents to both parties.

  3. 3

    We arrange settling obligations with linked authorities before transfer.

  4. 4

    We follow the transfer request and both parties' approval on the platform.

  5. 5

    We help the new owner update data with Balady, ZATCA and Qiwa.

Tips to avoid delays

  • Request a statement of outstanding obligations before agreeing a price.
  • Document the agreement between the parties clearly in writing.
  • Check workers' and licences' status before completing the transfer.
  • Update bank accounts and POS devices after the transfer.
  • Keep a copy of the new register and transfer documents.

Serving every city in the Kingdom

We serve individuals and establishments in Makkah, Jeddah, Riyadh, Dammam, Madinah and every Saudi city, with full follow-up on WhatsApp.

Our office is in Makkah, and we serve every region of the Kingdom online.

Sheikh Muhammad Street, Al Naseem, Al Awali — Makkah 24251, Saudi Arabia

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