Service Directory
Change of partners (commercial company)
Submit a request to change a partner by adding/removing a partner or shareholder.
Service Conditions
- If the new partner is a Bahrain company, a signed resolution stating its entrance as a partner must be presented. (LLC\Partnership company: minutes of a meeting of partners - Joint Liability company: -Bahraini Joint Stock company(public)\(closed): resolution of board of directors)
- If the new partner is a foreign company; the following must be presented: signed resolution from the company to entre as a partner + Copy of the company registration + copy of memorandum association and any other amendment thereto. All these documents must be attested
Required Attachments
- A notarized power of attorney if the applicant is an unrelated party to the Commercial Registration holder, or an unnotarized power of attorney if the applicant is a professional office or an authorized employee registered on the same registration
- A decision from the company owner / meeting minutes of partners / a decision from shareholders
- No Objection Certificate (NOC) for new partners of the company
- A decision from the new partner if they are a legal person
- Draft amendment to the memorandum of association / articles of association / declaration of incorporation related to the amendment of the article related to the company’s capital only
- Draft declaration of the renunciation of shares
Legal Regulations
- The Commercial Register Law and the Commercial Companies Law promulgated by Decree-Law No. (12) of 2001 and its amendments with the executive regulations
Fees
- 20 : Amendment Fees
Process Time
- 3 Working Days
Service Provider
Ministry of Industry and Commerce
Service Processes
- Log in to the SIJILAT system and select the transaction: Investor submits an application through the SIJILAT system
- A decision on the request is made by The Registration Department of the Ministry of Industry, Commerce and Tourism
- Document the signed resolution to renounce the partner’s shares. In the event of adding a new partner, the memorandum of association must be amended before a notary
- Transaction fees are paid
- The amendment process is completed