Omar Al-Baghdadi – Company Ownership Transfer Lawyer in Saudi Arabia, UAE, and Syria with Over 29 Years of Legal Experience
Transferring company shares and ownership (foreign and local), amending partners, and restructuring capital in accordance with applicable laws
Ownership transfer is a sensitive legal process… its accuracy ensures your business continues without disruption
Company ownership transfer or share transfer between partners requires fulfilling strict regulatory requirements that vary between Saudi Arabia, UAE, and Syria. These include obtaining approvals from competent authorities, updating records, and amending articles of association. With over 29 years of experience in corporate and foreign investment law, we ensure the transfer and documentation procedures are completed without disrupting your company’s operations.
Our Services in Company Ownership Transfer
- Legal due diligence: Reviewing the company’s legal status, contracts, and obligations prior to transfer.
- Drafting sale/assignment agreements: Preparing share or stock transfer agreements, payment terms, and warranties.
- Approvals from authorities: Coordinating with ministries of investment/economy, commercial registries, and judicial departments.
- Amending articles of association/bylaws: Updating partners, ownership percentages, and share capital.
- Updating records and licenses: With commercial registries, chambers of commerce, investment authorities, and tax/zakat departments.
- Post-transaction restructuring: Adjusting management/governance and drafting partner agreements.
Required Documents for Completing Ownership Transfer
- Company articles of association/bylaws and latest registered amendments.
- List of partners and current ownership percentages.
- Draft share/stock transfer agreement.
- Partner resolutions approving the transfer.
- No-objection letters from authorities/lenders (if applicable).
- Identification documents and powers of attorney for all parties.
Tips for a Smooth Ownership Transfer
- Conduct legal and financial due diligence before purchase to avoid hidden risks.
- Define clear payment terms, commitments, and warranties in the agreement.
- Ensure no violations or license remarks exist that could delay the transfer.
- Update all licenses and related contracts immediately after completion.
You may also be interested in: Foreign Company Formation Lawyer • Foreign Investment License Lawyer • Investment License Renewal Lawyer • Foreign Investment Disputes Lawyer
Whether the ownership transfer is full, partial, or involves adding a new partner, we handle the process from A to Z quickly and accurately.
Company Ownership Transfer Lawyer – Partner Share Transfer – Stock Assignment – Partner Amendments – Saudi Arabia – UAE – Syria – Corporate Restructuring – Share Sale Agreement
Frequently Asked Questions about Company Ownership Transfer
How long does the ownership transfer process take?
Is approval from the licensing authority required?
Are there any fees or taxes on share transfers?
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Lawyer Omar Baghdadi
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