Joining

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:

 

 That the officeholder is a Saudi citizen.

  •  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/she has been rehabilitated .
  • The officeholder is a “basic 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.
  • The officeholder has no less than three (3) years of work experience after receiving “basic membership" or a lawyer's license.

 

We welcome inquiries regarding the initial list for bankruptcy officeholders via the following email: licenses@bankruptcy.gov.sa