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Correction period for companies

It should be noted that according to the amendments made by the Corporate Control Department (2020), the Department has granted a period for correcting the situation of companies within the following points: * Deposit the capital registered in the commercial register of the entire company: The law allowed the payment of half of the capital and its completion thereafter, provided that theؤreceipt shall be taken to the Ministry of Industry and Commerce and installed to complete the registered capital. *Real beneficiary: For the purposes of knowing the real beneficiary of the Company and related to the Money Laundering and Terrorist Financing Unit. *Budgets: related to limited liability companies.

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