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Limited Liability Company (LLC) Saudi Arabia

King & Spalding

Sharp Teeth: Civil and Criminal Liability for Officers and Directors of Insolvent Saudi and UAE Companies

King & Spalding on

The recent detention of a restructuring professional in the United Arab Emirates serves as a stark reminder that directors and officers of insolvent or distressed companies can face personal liability for their actions or...more

Bracewell LLP

New Saudi Companies Law 2022: Key changes, and next steps for Companies in KSA

Bracewell LLP on

On 28 June 2022, the Saudi Cabinet of Ministers approved the New Companies Law, and it was published in the official gazette (Umm Al Qura newspaper) on 4 July 2022 pursuant to Royal Decree No. (M/132) dated 01/12/1443H (the...more

White & Case LLP

Overview: New Draft Saudi Arabian Companies Law

White & Case LLP on

The Saudi Arabian Ministry of Commerce and the Capital Market Authority (CMA) recently published a draft companies law (the "Draft Law") which was made available for public consultation. Under the new proposal, certain...more

A&O Shearman

Company Types in the Kingdom of Saudi Arabia

A&O Shearman on

Knowing which corporate vehicle to use is a key concern in any commercial enterprise. This article will summarize the different types of corporate entity used within the Kingdom of Saudi Arabia and the key differences between...more

Dechert LLP

Doing Business in Saudi Arabia 101: Investing in the Kingdom

Dechert LLP on

President Donald Trump will be making his first official overseas trip as president to the Kingdom of Saudi Arabia, commencing May 20, 2017. During the course of the president’s trip, over US$100 billion worth of...more

A&O Shearman

Company Types in the Kingdom of Saudi Arabia

A&O Shearman on

Knowing which corporate vehicle to use is a key concern in any commercial enterprise. This article will summarise the different types of corporate entity used within the Kingdom of Saudi Arabia and the key differences between...more

A&O Shearman

Doing Business in the Kingdom of Saudi Arabia

A&O Shearman on

As the third largest recipient of foreign direct investment in the region, not to mention its standing as the region’s largest economy, the Kingdom of Saudi Arabia is of significant interest to foreign investors, particularly...more

Latham & Watkins LLP

New Saudi Companies Law – Accumulated Losses and Risk of Statutory Dissolution

Latham & Watkins LLP on

For the past few decades, the obligations of companies with losses reaching 50% or more of their share capital has been a topic of high debate in the Kingdom of Saudi Arabia. That is due to the uncertainty surrounding the...more

Latham & Watkins LLP

Saudi Arabia Issues New Regulations for Companies, Altering Regulatory Landscape

Latham & Watkins LLP on

Innovative changes address company and investor concerns as Saudi Arabia moves to modernize its corporate legal regime. On 9 November 2015, the Council of Ministers of the Kingdom of Saudi Arabia approved the...more

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