المدونة

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?

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

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.

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.

The holding company in the Kingdom of Saudi Arabia is considered one of the most important types of companies included in the new Saudi Companies Law issued during this current year, which came within the advanced legislative packages issued by the Kingdom to strengthen the Saudi economy and to attract and attract more investments to its land. One of the distinguished forms established in the Kingdom

During the current year 2022 AD, the Kingdom of Saudi Arabia issued many very important regulations and legislations, in addition to developing many other systems in line with achieving the Kingdom's vision for the year 2030 AD, in terms of financial inclusion, sustainability, and diversification of sources of income more than it was, and among those issued regulations is the new Saudi Companies Law Which was approved by Cabinet Resolution No. 678 dated 11/29/1443 AH

Recently, we are witnessing companies resorting to expansion through organizational restructuring processes, which may be by transforming the company into another type of company, or by merging with another company, or by division or acquisition, with the aim of achieving growth, and acquisition is one of the most important methods of organizational restructuring For companies, where the company may work to increase its assets and activities that positively affect its value, and it also evaluates its shares and stakes in the financial market if they are listed in it.

One of the most important bodies established by the Kingdom of Saudi Arabia is the General Authority for Competition, which is one of its specializations for which it was established to implement the provisions of the competition law and its executive regulations, including spreading the culture of competition in media platforms and means of communication, to enhance awareness among the public and the business sector and enrich specialized knowledge, And carrying out procedures for investigation, research, gathering of evidence, investigation and public prosecution in anti-competitive practices

Through which fair competition is protected and encouraged, and monopolistic practices that affect legitimate competition or the interest of the consumer are combated and prevented, leading to the improvement of the market environment and the development of the national economy in the Kingdom of Saudi Arabia.

The new Saudi Companies Law is characterized by the fact that it includes several general chapters that deal with either the incorporation of companies in the Kingdom of Saudi Arabia and how to manage them, as well as the controls applied in cases of liquidation, merger, transformation and division.

The parallel market in the Kingdom of Saudi Arabia is considered the most important current financial market in the Kingdom, through which trading operations take place, such as buying and selling shares, but with more flexibility and simpler conditions than the main market. 2030, which emphasized the necessity of building an advanced and open financial market to the world

Acquisition of companies in general is a transaction that includes the sale and purchase of shares of a company whose shares are listed in the market by submitting an offer or a private sale and purchase transaction. As for the reverse acquisition, it means that the listed company offers new shares to the shareholders of an unlisted company instead of their shares, so that these new shares represent More than 50% of the shares of the listed company with voting rights after the acquisition