Search Result

Home

April 19, 2023

Provisions for Joint Stock Companies Under the New Companies Law

Explore our New Companies Law Series Below: Provisions for Joint Stock Companies Under New Companies Law Introduction: The newly enacted Companies Law of 1443 H. (Law) in Saudi Arabia became effective on 16 January, 2023. The companies are required to change their constitutional documents (Articles of Association or Articles of Incorporation) in order to amend, change and remove the articles that are in conflict with the provisions in the Law and more importantly to do away with the restrictions that were mandated in the old law or avail of flexibility accorded by the Law. The part which has undergone an extensive and comprehensive revisions is  the ‘Joint Stock Companies’  Section which is quite understandable as JSCs needs to be more

Read More

Subscribe and Stay Updated on the Kingdom's Laws and Regulations

Subscribe and Stay Updated on the Kingdom's Laws and Regulations

Request a Complimentary Consultation

Contact us to schedule a call with one of our lawyers so we may better understand your requirements.