Document background
An Appointment Resolution is a crucial corporate governance document used in Saudi Arabia when formally appointing individuals to various positions within a company's structure. The document is required under Saudi Companies Law and must comply with specific regulatory requirements, including those from the Ministry of Commerce and, for listed companies, the Capital Market Authority. The Appointment Resolution serves multiple purposes: it formally records the appointment decision, specifies the appointee's authorities and responsibilities, ensures compliance with local corporate governance requirements, and serves as an official document for company records and regulatory filings. The resolution typically follows specific formalities required under Saudi law and must be properly executed to be legally valid and enforceable.
