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Articles Of Registration

Articles Of Registration Template for Saudi Arabia

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Key Requirements PROMPT example:

Articles Of Registration

"I need Articles of Registration for a Saudi single-shareholder LLC in the technology sector, with an initial capital of 500,000 SAR, to be established by March 2025, including specific provisions for future capital increases and technology licensing."

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Document background
The Articles of Registration is a mandatory legal document required for establishing any company in Saudi Arabia. This document must be prepared and filed in accordance with the Saudi Companies Law of 2015 and various regulations set by the Ministry of Commerce. It serves as the founding document that outlines the company's structure, objectives, capital allocation, management framework, and operational guidelines. The Articles of Registration must be submitted during the company formation process and requires approval from relevant authorities before the company can commence operations. It forms the basis for all future corporate governance decisions and is particularly crucial for establishing clear shareholders' rights and responsibilities, making it an essential reference document throughout the company's lifetime.
Suggested Sections

1. Company Name and Form: Legal name of the company and its type (e.g., LLC, Joint Stock Company) in both Arabic and English

2. Company's Objectives: Detailed description of all business activities the company is authorized to conduct

3. Head Office Location: Official registered address and provisions for establishing branches

4. Duration: Term of the company's existence (specified period or indefinite)

5. Capital Structure: Details of company's capital, number and types of shares/units, and their value

6. Shareholders/Partners: Names, nationalities, addresses, and shareholding percentages of all shareholders/partners

7. Share Transfer Provisions: Rules and procedures governing the transfer of shares or partnership interests

8. Management Structure: Composition of board/managers, appointment process, powers, and responsibilities

9. Shareholder Meetings: Procedures for conducting general and extraordinary meetings, voting rights, and quorum requirements

10. Financial Year and Accounts: Specification of financial year, accounting requirements, and profit distribution

11. Dissolution and Liquidation: Circumstances and procedures for company dissolution and liquidation process

Optional Sections

1. Preemptive Rights: Used when shareholders are given priority rights to purchase new shares - particularly relevant for larger companies

2. Tag-Along Rights: Include when minority shareholders need protection in case of majority stake sale

3. Non-Competition Provisions: Added when restrictions on shareholders' competing activities are required

4. Intellectual Property Rights: Include for companies with significant IP assets or technology focus

5. External Financing: Required when the company anticipates taking loans or issuing bonds

6. Executive Committee: Include for larger companies requiring an additional management layer

7. Shariah Compliance: Include for companies requiring adherence to Islamic financial principles

Suggested Schedules

1. Schedule 1 - Shareholders' Details: Detailed information about shareholders including ID numbers, contact details, and shareholding structure

2. Schedule 2 - Capital Contributions: Detailed breakdown of capital contributions, including nature of contribution (cash/in-kind)

3. Schedule 3 - Business Activities: Comprehensive list of approved business activities with their respective ISIC codes

4. Schedule 4 - Initial Board Members: Details of initial board members/managers including their qualifications and contact information

5. Appendix A - Powers of Attorney: Template forms for delegation of authority and power of attorney

6. Appendix B - Share Transfer Forms: Standard forms for share transfer procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions










































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Relevant Industries

Financial Services

Manufacturing

Technology

Real Estate

Healthcare

Retail

Professional Services

Construction

Energy

Transportation

Education

Hospitality

Agriculture

Mining

Telecommunications

Relevant Teams

Legal

Compliance

Corporate Governance

Finance

Corporate Affairs

Executive Management

Board of Directors

Risk Management

Shareholder Relations

Investment

Operations

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Company Secretary

Compliance Officer

Corporate Governance Manager

Board Secretary

Managing Director

Chairman

Business Development Manager

Risk Manager

Corporate Affairs Director

Shareholder Relations Manager

Investment Manager

Operations Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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