المدونة

Companies in the Kingdom of Saudi Arabia are considered one of the most important pillars supporting the national economy, as they are the appropriate framework for establishing investment projects in Saudi Arabia. Companies, which is the new corporate law issued by a decision of the Saudi Council of Ministers No. 678 dated 11/29/1443 AH

The law is the basis on which states are built to preserve the rights of citizens, as well as the law regulates the relationship of state institutions with members of society, and the law regulates relations between individuals, whether commercial relations or others, as it entails the existence of laws and the existence of those who understand them and direct individuals towards how to benefit from them in establishing legal relations Their rights and obligations towards each other are preserved, and here comes the role of law firms and lawyers

There are various companies in the Kingdom of Saudi Arabia where it is possible to establish a partnership company, a joint venture company, a limited partnership company, a joint stock company, a limited liability company, a holding company, a foreign company, and each of these companies has its own system and characteristics stipulated in the Saudi Companies Law. One of the partners from the company, whatever its type, what are the stipulated controls that govern this procedure?

It is a norm of life that disputes occur between people in relationships and dealings with each other, which created the judiciary that aims to settle these disputes, prevent injustice and restore rights to their owners, and arbitration was initiated along with the judiciary, as the need for it increased with the large number and complexity of commercial dealings For its ability to end disputes as quickly as possible and at the hands of specialists who have experience in dealing with disputes.

Arbitration is defined idiomatically as giving the two opponents an arbitrator who rules between them, and it has multiple jurisprudential definitions, among which we choose their saying that it is the method chosen by the disputing parties to resolve disputes arising from the contract without resorting to the judiciary.

Family businesses are considered one of the most important economic entities that are established in the Kingdom of Saudi Arabia, as they help the family entity to exercise the supervisory, administrative and financial role for family projects, and although family businesses are the oldest and most widespread model in the world, they are characterized by a wide spread in the Kingdom of Saudi Arabia It is one of the best pillars of the economy in the Kingdom

How to manage legal affairs in companies? Companies in the Kingdom of Saudi Arabia are considered among the most important commercial entities, and they are also considered an important and essential element within the financial and economic system of the Kingdom. Two or more persons in the form of either a Memorandum of Association or Articles of Association, according to the legal form of the company to be established from among the forms authorized by the law, whether a partnership company, a simple recommendation, a joint-stock company, a simplified joint-stock company, a limited liability company, a holding company, a professional company, or a company foreign...

Securities disputes need a specialized authority to decide on them quickly, just as the stock market is one of the best ways to develop the capital of investors, but they should get acquainted with the competent authority to settle this type of dispute in the Kingdom of Saudi Arabia specifically, This is what we will explain in detail in the following lines.

Corporate governance in the Kingdom of Saudi Arabia is one of the most important tools and processes used to manage companies and improve their workflow, as it is the decisive tool to confront administrative and financial corruption within the company. The company, as it is known and confirmed by the new Saudi corporate law, is a commercial legal entity.

In the Kingdom of Saudi Arabia, the company is considered the important and fruitful commercial economic entity within the financial sector. This economic entity, even if it is established in the Kingdom based on a Memorandum of Association or Articles of Association, whereby two or more persons are committed to each of them contributing to a profit-oriented project by providing a share of money, work, or Both of them together to share the profit or loss arising from this project

There are many reasons that result in the termination of companies, some of which are general and others related to a specific type of company, and then this expiration entails dividing their funds among the partners and liquidating them with the aim of obtaining their rights and paying off their debts.

Centralization and decentralization are two systems of work in any establishment. In centralization, the supreme official authority takes all important decisions for the establishment, and in decentralization, decision-making is left to the lower authorities in the establishment. The following is an explanation of the difference between centralization and decentralization and the advantages and disadvantages of each with a lot of information and other facts related to.