tiktok成人版

Memorandum And Articles Of Association Of One Person Company Template for Saudi Arabia

Create a bespoke document in minutes, 聽or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Memorandum And Articles Of Association Of One Person Company

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Key Requirements PROMPT example:

Memorandum And Articles Of Association Of One Person Company

"I need a Memorandum and Articles of Association of One Person Company for my retail business in Riyadh, with an initial capital of 100,000 SAR, to be established by March 2025, including provisions for future expansion into e-commerce operations."

Document background
The Memorandum and Articles of Association of a One Person Company is a mandatory legal document required when establishing a single-shareholder limited liability company in Saudi Arabia. This document type was introduced following the modernization of Saudi Companies Law in 2015, which formally recognized One Person Companies as a valid corporate structure. It contains essential information about the company's formation, including capital requirements, management structure, business activities, and governance framework. The document is necessary for company registration with the Ministry of Commerce and serves as the primary reference for the company's internal governance and external dealings. It must be drafted in Arabic (with optional English translation) and requires authentication by appropriate authorities. This document is particularly relevant for entrepreneurs, foreign investors, and businesses looking to establish a wholly-owned corporate presence in Saudi Arabia while maintaining limited liability protection.
Suggested Sections

1. Parties: Details of the sole shareholder, including full name, nationality, ID/passport number, address, and contact information

2. Background: Context for the establishment of the One Person Company and its intended purpose

3. Definitions: Key terms used throughout the document and their meanings

4. Company Name and Type: Official company name and specification as a One Person Company LLC

5. Company Objects: Detailed description of business activities and purposes

6. Head Office: Location of the company's registered office and provisions for branches

7. Duration: Term of the company's existence (typically unlimited)

8. Capital: Details of company capital, payment terms, and value of shares

9. Management: Appointment of manager(s), powers, responsibilities, and limitations

10. Shareholder Decisions: Process for sole shareholder decision-making and documentation

11. Financial Affairs: Fiscal year, accounts, profits distribution, and reserves

12. Company Dissolution: Circumstances and procedures for dissolution and liquidation

13. General Provisions: References to Saudi Companies Law and other applicable regulations

Optional Sections

1. Power of Attorney: Optional section for delegating certain powers to appointed representatives

2. Succession Planning: Provisions for transfer of ownership in case of death or incapacity

3. Digital Operations: Provisions for electronic communications and digital business operations

4. Compliance Committee: Structure and role of compliance committee if business complexity requires it

5. Foreign Investment Provisions: Additional provisions if the sole shareholder is a foreign investor

6. Future Capital Changes: Provisions for future capital increases or decreases

Suggested Schedules

1. Schedule 1: Capital Details: Detailed breakdown of capital contribution and payment schedule

2. Schedule 2: Business Activities: Comprehensive list of approved business activities with ISIC codes

3. Schedule 3: Management Structure: Detailed organizational structure and reporting lines

4. Schedule 4: Powers of Attorney: List of authorized representatives and their specific powers

5. Appendix A: Shareholder Information: Certified copies of shareholder ID/passport and other personal documents

6. Appendix B: Commercial Registration: Copy of preliminary commercial registration approval

7. Appendix C: Bank Certificate: Bank certificate confirming capital deposit

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

Relevant legal definitions









































Clauses








































Relevant Industries

Retail

Manufacturing

Professional Services

Technology

Real Estate

Construction

Trading

Consulting

E-commerce

Healthcare

Education

Food and Beverage

Transportation and Logistics

Tourism and Hospitality

Relevant Teams

Legal

Compliance

Corporate Governance

Executive Leadership

Risk Management

Operations

Business Development

Corporate Affairs

Administrative

Finance

Company Secretariat

Relevant Roles

CEO

Business Owner

Legal Counsel

Corporate Lawyer

Company Secretary

Compliance Officer

Business Development Manager

Managing Director

Legal Director

Investment Manager

Corporate Governance Officer

Risk Manager

Board Secretary

Operations Director

General Manager

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

Find the exact document you need

Bylaws And Articles Of Association

A foundational legal document under Saudi Arabian law that establishes a company's organizational structure, governance framework, and operational rules.

find out more

Article Of Association Form

A foundational legal document under Saudi law that establishes a company's constitution, governance structure, and operational framework.

find out more

Articles Of Association For Sole Proprietorship

A legal document under Saudi Arabian law establishing and governing a sole proprietorship business entity, outlining its structure and operational framework.

find out more

Articles Of Association For Nonprofit Organization

A foundational legal document establishing a nonprofit organization's structure and governance framework in compliance with Saudi Arabian law and Islamic principles.

find out more

Company Articles Of Association

A foundational corporate governance document under Saudi Arabian law that establishes a company's operational and management framework.

find out more

Companies Memorandum Of Association

A foundational legal document under Saudi Arabian law that establishes a company's structure, ownership, and operational framework.

find out more

Memorandum And Articles Of Association Of One Person Company

A legal document establishing a One Person Company in Saudi Arabia, defining its structure and governance under Saudi Companies Law.

find out more

Memorandum And Articles Of Association

A fundamental corporate constitution document under Saudi Arabian law that establishes a company's legal framework, governance structure, and operational parameters.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.