- Monday, February 17, 2020
Applying for license to hold a private clearance sale
- This service allows applying for license to hold a private clearance sale
Eligibility or Criteria
- 1. The offer shall be valid for the public only.
- 2. Price list of goods and commodities, provided to and approved by the Ministry, shall be adhered to.
- 3. The offer’s period is 3 months, extendable only once for a similar period.
- 4. Any addition, cancellation, amendment, or deletion to the price list provided to the Ministry, after obtaining license from the Ministry, shall be avoided.
- 5. Period specified in the license shall be adhered to.
- 6. Prices before the clearance sale must be the lowest prices offered for the public within a month before the sale starts.
- 7. Price tags must show the prices before and after the sale, where old prices are crossed out, on every item inside the store.
- Terms and Conditions of Private Clearance Sale
- 1. It must include all goods and commodities included in the business to be canceled.
- 2. License holder may not practice their previous business after the clearance and complete all procedures related to changing their business in the commercial license; regarding cancelling or changing such business according to the request submitted to the Ministry.
- 3. Private clearance sale license may not be canceled after commencement of work.
- 4. Private clearance sale shall not be combined with any other discount offers.
- 5. Private clearance sale shall not be licensed after cancelling a business from the commercial license permanently.
- 1. Advertising on storefronts by any method is not allowed before the clearance sale date.
- 2. Advertisements shall not include vague, misleading phrases, or images that breach public morality or be contrary to religion.
- 3. The advertisement must state the sale’s start and end date and clearance sale license No.
- 4. The advertisement may not include the phrase "Real Clearance Sale”.
- 5. Companies/organizations shall declare their commitment to the above mentioned terms and conditions. In case of breach, such companies/organizations shall bear legal liability, in accordance with Law no. (2) of 1995.
- License application to provide the offer
- Commercial license and a copy thereof
- List of prices for the commodities specified in the offer
- Copy of the signature authorization
Visit the Ministries Complex, Ministry of Commerce and Industry, 3rd floor, block 2,
Consumer Protection Department, Discounts and Prices Department and submit the required documents.
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