A license application shall be submitted using the form prepared for this purpose complete with the required data and enclosing the following documents:

1. Memorandum of incorporation and Articles of Association;
    
2. Value of paid-up capital;
    
3. Names, selected addresses for service, shares or holdings, designations and academic and practical qualifications of founders or partners.
    
4. Action plan for the first three fiscal years including a description of services and facilities to be provided as well as future plans for business development.
    
5. Copies of agreements to be signed by the Health Insurance Third Party Administrator with insurance companies and medical services providers.
    
6. A proof of payment of the prescribed fees in accordance with the regulations and instructions issued in this regard.
    
7. Any other data, information or supporting documents as required by the Director General.