Investor Guide 13 02 en

Debt Acknowledgment and Clearance Service Description This service is provided to companies or institutions wishing to create an acknowledgment of debt between themselves and another party or to clear an existing debt. Required Documents 1. A copy of the commercial registration. 2. A copy of the incorporation contracts if the entity is a company. 3. Identification documents for the authorized signatories registered in the incorporation contract and commercial registry, or power of attorney and ID for the agent. Service Conditions & Restrictions None Service Fees Payment of applicable fees for the government agency providing the service (if any). Service Application Location Service Application Location Estimated Processing Time 1 working day. 04.01.08 Mortgage and Mortgage Release Service Description This service is provided to companies wishing to mortgage their property or release the mortgage on their deeds Required Documents 1. A copy of the commercial registration. 2. A copy of the incorporation contracts if the entity is a company. 3. Identification documents for the authorized signatories registered in the incorporation contract and commercial registry, or power of attorney and ID for the agent Service Conditions & Restrictions A letter from the mortgaging entity. Service Fees Payment of applicable fees for the government agency providing the service (if any). Service Application Location One-Stop Services centers (Jeddah). Estimated Processing Time 1 working day. 04.01.09 Deed Modification Service Description This service is provided to companies wishing to modify their real estate deeds. Required Documents 1. A copy of the commercial registration. 2. A copy of the incorporation contracts if the entity is a company. 3. Identification documents for the authorized signatories registered in the incorporation contract and commercial registry, or power of attorney and ID for the agent. Service Conditions & Restrictions None Service Fees Payment of applicable fees for the government agency providing the service (if any). Service Application Location One-Stop Services centers (Jeddah). Estimated Processing Time 1 working day. 04.01.10 Deed Update Service Description This service is provided to companies wishing to update their real estate deeds. Required Documents 1. A copy of the commercial registration. 2. A copy of the incorporation contracts if the entity is a company. 3. Identification documents for the authorized signatories registered in the incorporation contract and commercial registry, or power of attorney and ID for the agent. 4. A copy of the deed to be updated or its number. Service Conditions & Restrictions None Service Fees Payment of applicable fees for the government agency providing the service (if any). Service Application Location • Ministry of Justice Electronic Portal (Najiz ). • If you encounter any technical issues, we are happy to assist you at the One -Stop Services centers (Jeddah ). Estimated Processing Time 1 working day.