Get Approval to Sell Shares or Purchase Ownership of Founder

Required documents

• The new owners’ plan to cover the notes made on the broker (if any).
• The Authority may request to meet the old and new owners to discuss the broker’s situation.
• A sales contract from one of the approved entities such as law firms.
• A copy of the valid commercial register.
• A certificate of no criminal record for the founders, senior management members and the office manager.
• A detailed statement of the new founders and the percentages of ownership distribution.
• A letter from the new owners stating that they are aware of the broker’s obligations and rights.