Companies, Individuals
Target audienceTaadeen Platform
Service channelsCredit card, Debt card, SADAD
Payment ChannelsFrom 5000 to 20,000 SAR SAR
Fees30 - 90 days for application processing
Service duration- Submission method
- Service Requirements
- Service Terms
- Login to Taadeen.
- Go to the requests section.
- Click on Submit new application.
- Choose license renewal service.
- Choose the license,
- Complete the application form and attach all required documents.
- Submit the application and pay the application fees.
- Await for review and approval.
Eligibility:
- The license must be active at the time of renewal application.
- Applicants must fulfill all obligations under the original license terms.
Documentation:
- Completed renewal application form.
- Detailed reports on previous operations conducted under the license.
- Updated work program for the renewal period.
- Financial breakdown of proposed activities for the renewal period.
- Any additional information requested by the Ministry.
Financial Obligations:
- Payment of all outstanding dues and renewal fees as per the Ministry's schedule.
Compliance:
- Adherence to environmental, social, technical, and operational standards during the renewal period.
- Renewal requests must be submitted 30–60 days prior to license expiration, depending on the license type.
- Renewal is subject to Ministry approval and adherence to all requirements.
- The Ministry may impose additional terms or modify existing conditions to align with updated regulations.
- Failure to meet renewal conditions or timelines may result in termination or non-renewal of the license.
- The Ministry reserves the right to conduct audits or verifications before granting the renewal.