The Articles of Association and Memorandum of Association are essential documents required for company formation in Saudi Arabia, governed by the Companies Law of 2015 and overseen by the Ministry of Commerce. These documents must be prepared and executed when establishing any new company in the Kingdom, whether it's a Limited Liability Company (LLC), Joint Stock Company, or other permitted corporate structures. The documents outline crucial elements including capital structure, shareholding details, management framework, decision-making processes, and operational parameters. They must be drafted in Arabic (with optional English translation) and require notarization and registration with relevant authorities. The contents must align with Saudi law requirements, including specific provisions for foreign investment if applicable, and serve as the primary reference for corporate governance throughout the company's lifecycle.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Details of all founding shareholders/partners, including their full names, nationalities, addresses, and identification details as per Saudi requirements
2. Background: Introduction stating the intention to establish the company and operate under Saudi law
3. Definitions: Key terms used throughout the document, including specific Arabic legal terms where applicable
4. Company Name: Official company name in both Arabic and English, complying with Saudi naming conventions
5. Company Type: Legal form of the company (e.g., LLC, Joint Stock Company) and its characteristics
6. Company Objectives: Detailed description of permitted business activities aligned with Saudi licensing requirements
7. Principal Office: Location of the company's head office and provisions for establishing branches
8. Duration: Term of the company's existence and conditions for extension
9. Capital and Shares: Details of company capital, share distribution, and payment terms
10. Share Transfer Restrictions: Procedures and restrictions for transferring shares, including pre-emptive rights
11. Management Structure: Governance framework, including appointment of managers/board members and their powers
12. Shareholders Meetings: Procedures for conducting general and extraordinary meetings, voting rights
13. Financial Matters: Fiscal year, accounts, auditing requirements, and profit distribution
14. Dissolution and Liquidation: Circumstances and procedures for company dissolution and liquidation
15. Notices: Methods and requirements for official communications between parties
16. Governing Law: Confirmation of Saudi law application and dispute resolution mechanisms
1. Shariah Compliance: Required for companies operating in Islamic financial services or seeking Shariah-compliant status
2. Foreign Investment Provisions: Required when foreign shareholders are involved, detailing compliance with foreign investment regulations
3. Regulatory Compliance: Specific provisions for regulated industries (e.g., financial services, insurance)
4. Intellectual Property Rights: Required for companies with significant IP assets or technology focus
5. Non-Competition Provisions: Restrictions on shareholders' competing activities, if applicable
6. Tag-Along and Drag-Along Rights: Required for companies with complex ownership structures or investment arrangements
7. Reserved Matters: List of decisions requiring special majority or unanimous approval, useful for joint ventures
1. Share Capital Distribution: Detailed breakdown of shareholding structure and capital contributions
2. Shareholders' Information: Complete details of shareholders including contact information and representative details
3. Licensed Activities: Comprehensive list of approved business activities with respective ISIC codes
4. Management Authorization Matrix: Detailed breakdown of management powers and approval requirements
5. Initial Board Members/Managers: Details of initial appointments to management positions
6. Related Agreements: List of associated agreements (e.g., shareholders' agreements, management agreements)
7. Property/Asset Schedule: List of initial company assets or property contributions if applicable
Find the exact document you need
Company's Articles Of Association
A constitutional document establishing a company's legal framework and operational rules under Saudi Arabian law and regulations.
Download
Amended Articles Of Association
A Saudi Arabian legal document modifying a company's Articles of Association, outlining changes to corporate structure and governance under Saudi law.
Download
Articles Of Incorporation And Certificate Of Incorporation
Fundamental legal documents required under Saudi Arabian law that establish a company's structure, governance, and operational framework in compliance with Saudi Companies Law.
Download
Articles Of Association And Memorandum Of Association
A foundational legal document under Saudi Arabian law that establishes a company's structure, governance, and operational framework while ensuring compliance with local regulations.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)