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The causes of canceling the Economy minister decisions for the new system

The general manager of the General Commercial Registration Office of Economy and Trade Ministry “Mohammed Ben Kuthair ” replied to Sada newspaper’s source, exclusively, about the meeting of the General Director of the Information Documentation Center of the Ministry of Economy.

He said: « The cancellation of the decisions issued by the Minister, was due to the existence of an error in the decision and violation of Law No. 23 of 2010 on commercial activity, where the General Director of the Center has taken advantage of the decisions by issuing commercial restrictions violating the law ».

He added: « The restrictions and records are issued according to the lecturer of the General Assembly, its decisions, or the provisions and orders in an executive formulas, and are reviewed by the legal references to the general trade register ».

Ben Kuthair also said: « The Information Documentation Center issued new restrictions without a legal review, and companies restrictions the National Commercial Bank in violation which is a crime held accountable in accordance with the law, and issued commercial names in accordance with Article 483 of theCommercial Law, saying that was not the competence of the Commercial Registration Office. The recipients of registration requests under Act No. 23 of 2010 are the Office of the General Commercial Registry and the Information Centre is only a technical entity that collects data, information and statistics on the activities of the sector. The system is ready for launch and contains corporate data from 2006 to 2021 and was inaugurated by the Minister of Economy and Trade, adding it was blocked by the General Director of the Information and Documentation Centre ».

He also revealed that this system will be available for all contracts editors and any contracts editor can establish a company from his office without going to the Commercial Registration Office. The system will be linked to the Civil Registration Service and the Information Service on the verification of the national number of corporate owners, emphasizing that there is some agreement between the Ministry of Economy and many other entities, as well as payment through electronic payment through a “payment service.”


Adapted from Sada Website

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