1. The board of directors of the Company shall, within 10 [ten] business days of the date of issuance of an incorporation certificate by the SCA, commence the process of registering the Company with the Competent Authority. 2. The Competent Authority shall record the Company in the commercial register and shall issue a business license for the Company within five [5] business days of the date of completion of the documents and payment of the prescribed fees, and shall provide the SCA with a copy of the business license.
Interpretation and application must be checked against the official text and current version.