Commercial registration transfer does not pass unique number to new owner
The Zakat, Tax and Customs Authority clarified that a commercial registration’s unique number does not transfer to a new owner after a sale.
Key Takeaways
AIA question was submitted to the official account of the Zakat, Tax and Customs Authority, asking: "Does updating registration data after transferring a commercial registration mean the unique number is transferred to the new owner?"
The authority responded via its 'Ask Zakat, Tax and Customs' account on X, stating that when a commercial registration is transferred to a new owner, the previous owner must settle all outstanding dues before the transfer.
View the post on X
The authority added that a request to deactivate the unique number, or to deactivate a branch if other branches remain active, should be submitted by logging into your account, selecting the Zakat and Tax Management icon, and then choosing 'Other Services' from the dropdown menu.
It continued: "Next, select the 'Deactivate Unique Number/Branch' service, create a new request, complete the required details, specify the type of deactivation (unique number deactivation), state the reason for deactivation, and attach the necessary documents."
The Zakat, Tax and Customs Authority concluded: "Once the request is approved, the new owner must submit a new registration request to obtain a new unique number and tax number, or to add a branch."