Faq's

A branch of a commercial registration may be sold under an attested sale contract.

The commercial registration cannot be reused but a new one can be issued or opened.

Yes, the Ministry may cancel a commercial registration in case of non-renewal and 90 days after the investor receives an official notification from the ministry.

It is possible to add partners to a commercial registration when they buy some shares from the company; invest in the company or buy out shares from an existing partner.

A commercial registration can be closed after liquidation is complete. A sole proprietorship can also be closed without liquidation.

A partner cannot be added to a branch because it is subsidiary of a parent company.

The individuals officially authorized by the partners in the commercial registration who can sign documents related to the commercial registration. These individuals do not necessarily have to be from among the partners. Please refer to the signatories article in SW knowledge base for detailed information.