Search Result

Home

New Companies Law

Provisions and Changes for Businesses Under New Saudi Arabia Companies Law

Explore our New Companies Law Series Below: About Saudi Arabia’s New Companies Law The new Companies Law of 1443 H. (Law) in Saudi Arabia became effective last month and companies will be required to change their constitutional documents (Articles of Association, Articles of Incorporation). While the new law has placed proper safeguards to protect the interests of all stakeholders, at the same time, it has enabled businesses and industries to structure their entities in the manner that suits their needs.  The Law prescribes minimum requirements, yet it allows the partners and shareholders to adopt higher thresholds if they deem those percentages appropriate. Companies will be required to change their constitutional documents (Articles of Association, Articles of Incorporation) as several Articles in the

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.