Industrial License Ownership Transfer

The Industrial License Ownership Transfer service is a dedicated digital solution that allows industrial investors to transfer the ownership of a factory’s license from the current owner to a new one via the Ministry of Industry and Mineral Resources' platform. This service provides companies and industrial establishments with a systematic way of updating their legal status, whether due to a sale or any commercial or administrative reason, guaranteeing the license remains active with all associated rights and obligations.

Through this service, the system enables users to enter both parties' details (current and new owners) and upload required documents, including the factory’s commercial registration and legal evidence. The application is then electronically routed to relevant authorities for review, ensuring all regulatory conditions for industrial license transfer are met without disrupting business operations or stakeholder rights.

Key requirements include no pending applications on the factory, valid commercial registrations, and all regulatory approvals and declarations. Upon approval, the ministry issues an official decision completing the transfer and updating records in all licensing and compliance systems.

Importance of the Industrial License Ownership Transfer Service

Allows businesses to flexibly sell or transfer factory licenses while maintaining approved activities.
Ensures continued production and sales without interruption during ownership transitions.
Safeguards employee and partner rights through documented, legal transfer processes.
Facilitates immediate operations for new investors within a licensed, existing industrial entity.
Encourages investment mobility and sector growth by streamlining ownership transfer.



Challenges and Difficulties

Full completion of all regulatory and financial requirements between parties is essential.
Application delays may arise from incomplete transactions or missing documents.
Strict ministry checks on new owner data and commercial registration validity.
Parties must agree on all transfer terms before official authorities to ensure legal protections