المدونة

What is the definition of joint stock companies in Saudi Arabia? Companies in the Kingdom of Saudi Arabia, according to what was explained in Article Two of the new Saudi Companies Law, are a legal economic entity. These companies are established in Saudi Arabia either based on a contract of incorporation or a bylaw under which two or more people commit to each contributing to a profit-oriented project. By offering a share of money or work, or both, to share the profit or loss resulting from this project.

If we look carefully, we will find a great interest from countries in the field of trade, this field, which is the cornerstone of the national economic forces of any country.

No one denies the many efforts that the Kingdom of Saudi Arabia continues to make to reach its desired goals in accordance with its vision for the year 2030 AD.