(Requirements for Joining the Initial List of Bankruptcy Officeholders)

Pursuant to the Council of Minister's resolution (622) dated 24/12/1439 A.H. the duration of the license of listed officeholders shall be one year: “The bankruptcy officeholder shall be listed and registered for one year from the implementation of the Law if the following requirements are met:

  1. That the officeholder is a Saudi citizen.
  2. That the officeholder is of good conduct and has not been sentenced for breaching honor or public trust nor convicted in any court or disciplinary Commission – unless he or she has been rehabilitated.
  3. The officeholder is a “Core Member" of the Saudi Association for Certified Public Accountants, or a certified lawyer with a professional or applied degree in accounting that is certified by the Saudi Association for Certified Public Accountants.
  4. The officeholder has no less than three (3) years of work experience after receiving “Core Membership" or a license to practice law."

We welcome inquiries regarding the initial list for bankruptcy officeholders through our email: