“Okaz” has learned that the Ministry of Human Resources and Social Development’s Qiwa platform allows owners of individual establishments with crossed-out commercial records, whose establishments are sponsored by professional workers, and who wish to benefit from its services, the ability to open multiple files on the platform, and that the role of the new file is limited to only one service: “Transfer of employees from establishments with canceled records to existing establishments.”
The platform said the new files against independent contractors are classified as “penalty” and that the penalty is “suspension of enhanced services, except for employee transfer services,” which allow users to transfer employees from facilities where records have been deleted to existing facilities. He said that after closing the files related to the canceled commercial register, the penalty for new files will be lifted and users will be able to benefit from all the services of the platform.
The Ministry of Commerce has previously clarified that shops must amend the conditions of the Supplementary Commercial Register within a period not exceeding five years from the date of entry into force of the scheme, with a deadline of April 3, 2030. After the expiry of this period, the subsidiary commercial register will be deleted, but the trade name associated with the subsidiary register will only be retained for 60 days. During this period, the seller has the right to extend the reservation, use or disposal of the name after registering it in the commercial register.
According to the mechanism for correction of the auxiliary commercial register, three main mechanisms are identified: “transfer of the auxiliary commercial register by establishing a new company, transfer of the auxiliary commercial register to another person not registered in the commercial register, and deletion of the auxiliary commercial register.”
The Ministry of Commerce said that licenses, authorizations and activities related to the Supplementary Commercial Register will also be handled according to three cases: If the Supplementary Commercial Register is amended by the establishment of a new company, the licenses, authorizations and activities will be linked to the new company, but if the Supplementary Commercial Register is transferred to another person, the licenses, permits and activities will be linked to the successor without prejudice to the rights of creditors. If the subsidiary commercial register is removed, licenses, authorizations and activities will be linked to the main commercial register.
Mr. Al Iqtisad learned that the Qiwa platform under the Ministry of Human Resources and Social Development allows owners of individual establishments whose commercial registration has been canceled, who have professional workers sponsored by their establishments, and who wish to benefit from its services, to open multiple files on the platform, provided that the new file is limited to only one service: “Transfer of employees from the deregistered establishment to the existing establishment.”
The platform has made it clear that new files to individual establishments will be classified as “penalized,” which consists of “suspension of extended services except for employee transfer services,” which allow users to transfer workers from deregistered establishments to existing establishments. It indicated that after closing the files related to canceled commercial registrations, the penalty for new files will be lifted and users will be able to benefit from all services of the platform.
The Ministry of Commerce has previously clarified the need for merchants to amend their subsidiary commercial registration status within a period not exceeding five years from the effective date of the scheme, with a deadline of April 3, 2030. After this time limit, the supplementary commercial registration will be canceled, but the trade name associated with the supplementary registration will only be retained for 60 days. During this period, the merchant has the right to extend, use or dispose of the reservation of the name after it has been registered in the Commercial Register.
According to the mechanism for correcting a subsidiary commercial registration, three main mechanisms have been identified: “transfer of a subsidiary commercial registration through the establishment of a new company, transfer of a subsidiary commercial registration to another person not registered in the commercial register, and cancellation of a subsidiary commercial registration.”
The Ministry of Commerce indicated that licenses, approvals and activities related to subsidiary commercial registration will also be handled according to three cases. If the commercial register of a subsidiary is amended by forming a new company, licenses, authorizations and activities will be associated with the new company. If you transfer the subsidiary commercial register to another person, the licenses, authorizations and activities will be linked to the successor without prejudice to the rights of creditors. If the subsidiary commercial registration is cancelled, the licenses, approvals and activities will be linked to the main commercial registration.
