Company Closure
Company Closure
Company Closure
Descriptions
This service allows investors to go through the proper steps required to close any existing commercial establishment associated with them. For the companies, the investor may close the whole company with all of its related main commercial registration (CR) and implicitly all of the related branch CRs or select a subset of the branch CRs to be closed only. Also, the service facilitates the liquation process that is mandatory for the establishment of a company legal structure. Lastly, it enables closing a commercial permit either explicitly on its own or implicitly if the related CR will be closed.
Persona Type
- Qatari Citizens
- Residents
- GCC Nationals
- Foreigners
- Qatari Company
- Foreign Company
- Government Entity
Eligibility
- The applicant shall have a registered account in the National Authentication System “Tawtheeq” with a valid Qatari ID.
- There shall be no ban on any of the partners or the owner imposed by the official authorities in the country.
- The applicant must be associated with at least one non-terminated commercial permit or a commercial registration.
Conditions
- The CR or the CP shall be renewed before being eligible or deletion.
- The Ministry of Commerce and Industry may automatically cancel CRs and CPs that have not been renewed after notifying the listed stakeholders and the legal grace period elapses.
Process
- Fill out the application, including data and attachments.
- Receive the application and verify it automatically through the Single Window systems and service providers.
- Review the application and decide on it through the government entities providing the service.
- Pay fees electronically on the Single Window portal (in case of liquidation or closing a branch CR only, i.e. not required if closing a main CR or a CP).
- Receive the certificates and original copies electronically through the Single Window.
- In case of closing a main CR of a company, the process is done over two stages: Liquidation then Closing the main CR.
Required Document List
Document | Condition |
---|---|
Owner/Partners Consent on the Liquidation according to the Articles of Incorporation and Articles of Association | For all types company legal structures except for the shareholding types. |
Minutes of the Exceptional General Assembly Meeting | Only for private and public shareholding company legal type |
Qatar Central Bank approval | For the financial institutions. |
Liquidator Consent | |
Liquidator Appointment Decree | If the liquidator is assigned according to a court decree. |
No Objection Letter from Liquidating the Company | From each government agency that has active block decree on the company or any of its branches |
Document | Condition |
---|---|
Owner/Partners Consent on the Closure | If the company legal type was not shareholding. OR if the CR is for an individual establishment. |
Copy of the Liquidator's Declaration | If the main CR is marked for deletion and the company legal structure is shareholding. |
Copy of the Final Account of the Liquidation | If the main CR is marked for deletion and the company status is Under Liquidation |
Acknowledgment by the Partners that they have received all their dues after liquidation | If the main CR is marked for deletion and the company status is Under Liquidation. |
No Objection Letter from the General Tax Authority to Delete CR / Organization | If the main establishment (i.e. the main CR or the professional office) is marked for deletion and if the nationality of the owner or any of the partners (whether legal or natural partner) or the licensee of a professional office is neither Qatari nor GCC (excluding Oman) or the legal type is a branch of a foreign company or a representative office. |
Approval of the Ministry of Labour | |
No Objection Letter from Closing CR | From each government agency that has active block decree on the company or any of its branches. |
Document | Condition |
---|---|
Authorization Letter to Represent the Company |
Agency document or authorization from the foreign company/organization to its legal representative in Qatar to carry out its business. |
No Objection Letter for the Closure of the Branch of the Foreign Company Issued from the Parent Company | |
Letter Confirming Termination / Completion of the Contract | For each active or expired contract. |
If the CR being deleted is for an Individual Establishment | |
Certified Copy of the Branch Sale Contract | If the main CR is marked for deletion and the closure reason is that it will either transform into LLC or it is being sold. |
Copy of Newspaper Announcement | If the main CR is marked for deletion and the closure reason is that it will either transform into LLC or it is being sold. |
Document | Condition |
---|---|
Copy of Valid License/Approval Issued by the Regulating Agency |
For each regulated business activity that shall be closed and/or unlicensed. Those documents will not be requested if you choose to issue them through the procedures of your request being submitted via the Single Window. Please refer to the Business Activities Search Tool for more details of the requirements of each specific business activity. |
Any formal document that is issued outside Qatar must be attested by the Ministry of the Foreign Affairs and the Embassy of Qatar at the issuing country.
Fees
Item | Fees |
---|---|
Putting Company Under Liquidation |
QR300 |
Delete Branch CR (any number of branches but without the main CR) |
QR300 |
Delete Main CR (including all branches) |
QR0 |
Cancel Commercial Permit (CP) |
QR0 |