المدونة

The responsibility of the shareholder is limited to the performance of the value of the shares he has subscribed for. The issued share capital of the joint-stock company must not be less than five hundred thousand riyals, and the paid-up of it upon incorporation must not be less than a quarter. economy inside the kingdom

Trade enhances competition, diversifies sources of goods and services and improves their quality. Therefore, the merchant in the Kingdom of Saudi Arabia is one of the most important pillars of the commercial process, and as a result of the interest of the Kingdom of Saudi Arabia in trade and merchants, that tool contributes to the development and prosperity of the economy.

The Saudi bankruptcy system came with other advantages for both sides, whether the debtor or the creditor, as one of the most important objectives of setting up the Saudi bankruptcy system and its executive regulations is to carry out a preventive settlement to facilitate the debtor’s reaching an agreement with his creditors on a settlement of his debts and the debtor retains the management of his activity, or financial reorganization to facilitate reaching an agreement with his creditors. The debtor has entered into an agreement with his creditors on the financial reorganization of his activity under the supervision of the financial reorganization trustee, or liquidation by listing the creditors’ claims, selling the bankruptcy assets and distributing its proceeds to the creditors under the management of the liquidation trustee

It is one of the most important regulatory documents that a merchant needs in order to start his trade in the Kingdom of Saudi Arabia, and registration in the commercial register is one of the basic conditions for establishing companies in the Kingdom. To provide all information related to merchants and determine the size of their activities

Every evidence is derived from data that is created, issued, received, preserved, or reported, and is dealt with through a digital means, where these data can be retrieved or obtained in an understandable manner. In other words, the digital evidence is a developed and distinct evidence from other written evidence. Data that can be stored or prepared digitally so that it lies in the digital medium used until needed, and it can also be defined as evidence obtained from the computer in the form of electric magnetic fields that can be collected and analyzed through special programs

Some projects that are established on the territory of the Kingdom of Saudi Arabia may suffer from financing problems at the beginning, as the founders of these projects seek any means that can relieve them of the burdens of those financing problems, and here came the role of financial leasing in Saudi Arabia, where the Kingdom came with this effective legislative tool to ensure The most important part of the financing project in general

It is a legal act that comes as a result of control, and that control is achieved in one of two ways, either through the purchase of a number of shares, or through an agreement to form a majority controlling the company. Indirect, such as acquiring a company that owns more than half of the capital or voting rights in other companies listed in the financial market on a part of the company’s capital in Saudi Arabia, so that it gives control over the voting majority in the company, or he alone controls the majority of voting rights in company

The commercial agency contract is required to be in writing and concluded with the entity entrusted in its country of origin or its representative in that country, and also to include a full explanation of the rights and obligations of the two parties towards each other in terms of their obligations towards the consumer with regard to insurance of maintenance and spare parts. This is in addition to what was stipulated in Article Eleven of the same regulation, that the agency contract must include the capacity of the two parties, the nationality of each of them, the subject and area of the agency, and the works, services and goods it includes.

The role of the Saudi Ministry of Justice, which is well-known for its procedural developments in addressing the crisis of many cases in the Kingdom, where quick solutions have been developed to resolve disputes by mutual consent. Without resorting to the corridors and sessions of the courts, and reconciliation takes place with executive outputs that guarantee all parties their rights.

Each type of company in Saudi Arabia requires a management method that differs from the other, especially between money companies and people’s companies. Fund companies show the way they are managed and their articles of association, while people’s companies show the way they are managed by their articles of incorporation, and both of them follow the provisions laid down by the new Saudi Companies Law that cannot be violated. In order for the violators to avoid filing lawsuits against them for violating the applicable regulations, and from this point of view, the focus of this article will be on the provisions to be followed, whether by the partner or the shareholder when managing companies, with a statement of what may result from the violation of these provisions

The Kingdom of Saudi Arabia has placed in the hands of the foreign investor all the controls and procedures that facilitate him to carry out his investments effectively, as well as revealed the advantages and exemptions granted to the investor as a preferential tool to attract him to the Saudi markets, and on the impact of the importance of foreign investment in Saudi Arabia and its impact on the national economy, we will shed light on this The article contains all the important points for the foreign investor wishing to start his investments in the Kingdom of Saudi Arabia

Family businesses are those owned by two or more family members, in which they have the right to manage and make decisions that aim to maintain their continuity and bequeath their business to successive generations. This type of company is characterized by an overlap between common investment interests and personal and family relationships.