Liquidation of companies and estates
Because every entity has a regular end that preserves the rights of its owners, «Arab Charter» provides the service of liquidating companies and estates in accordance with the controls in force in the Kingdom. We manage liquidation decisions, appoint a liquidator, and conduct a financial inventory of assets and liabilities. We prepare periodic reports and complete the necessary procedures before the relevant authorities until the commercial register is closed. We also complete the liquidation of estates in a manner that preserves the rights of heirs and documents division and distribution.
Service details
The «Arab Charter» liquidates companies based on the Saudi Companies Law, starting with preparing liquidation decisions, minutes of general assemblies, and appointing the regular liquidator. It then manages the financial inventory of assets and liabilities, prepares periodic reports for the liquidator, and submits them to the Commercial Court until the final decision to close the commercial register is issued.
At the estate level, we handle procedures in accordance with the provisions of the Sharia Procedures System and the decisions of the Ministry of Justice, from inventorying the estate and documenting assets and debts to organizing division and distribution operations in a way that preserves the rights of heirs and ensures the integrity of documents.
This service reflects the commitment of «Arab Charter» to complete regulatory procedures with the highest levels of accuracy and compliance, and with an approach that balances the protection of rights, transparency, and clarity of the path until final closure.
Service delivery steps
- Liquidation decision and document inventory
Drafting and documenting liquidation decisions and association minutes, and collecting contracts, records and financial statements. - Appointment of liquidator and financial inventory
Appointing a regular liquidator, inventorying assets and liabilities, and preparing a business plan and timetable. - Managing liabilities and disposing of assets
Settlement of claims, creditor notices, and orderly disposal of assets in accordance with regulations. - Reports and judicial follow-up
Issuing periodic liquidator reports, submitting them to the Commercial Court, and completing requirements until closing. - Liquidation of estates
Inventorying the estate, documenting debts and rights, organizing division and distribution, and writing the necessary reports.
Why choose this service from us?
- Full regulatory compliance with the corporate system, litigation provisions, and Ministry of Justice decisions.
- Professional inventory management, documentation, and clear periodic reports for the liquidator.
- Protecting the rights of partners, creditors and heirs with a transparent and balanced approach.
- Judicial and administrative follow-up until the final decision and closure of the commercial register.
- Documenting the division and distribution of estates in accordance with applicable regulatory controls.
- Confidentiality and professionalism at all stages of work.
Common questions
Liquidation decisions, minutes of associations, financial records, contracts, lists of creditors and obligations, and any ownership documents for assets.
Liquidation aims to terminate the entity, settle its rights and obligations, and close its record, while bankruptcy is an independent path to address financial default in accordance with its own procedures.
The period varies depending on the size of the assets, the number of claims, and the required procedures. We provide you with a timeline and periodic updates until closing.
We begin by inventorying the estate and documenting assets and debts, then organizing the division and distribution and writing the necessary reports in accordance with regulatory controls.
Do you need a clear systemic lock that preserves rights and terminates obligations? The «Arab Charter» team manages the liquidation of companies and estates for you until the final decision is issued.