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Zakat and Customs on Number Transfer with Registration
The Zakat, Tax, and Customs Authority stated that the transfer of ownership of a commercial registration does not include transferring the unique number or the tax number to the new owner. They clarified that the previous owner must settle all outstanding financial obligations and deactivate the unique number before transferring ownership. Additionally, the new owner is required to apply for a new unique number and tax number after the deactivation process is completed. The authority also emphasized that tax obligations do not automatically transfer with the ownership change, and official procedures must be completed to update the data and obtain the new numbers.
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