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Certificate Of Articles Of Incorporation
"I need a Certificate of Articles of Incorporation for a Saudi limited liability company in the technology sector, with three founding shareholders (two Saudi nationals and one UAE national), with a capital of 500,000 SAR, to be established by March 2025."
1. Article 1: Company Name and Type: States the official company name in Arabic and English, and specifies the type of company (e.g., LLC, Joint Stock Company)
2. Article 2: Company Purpose: Detailed description of all business activities the company is authorized to conduct
3. Article 3: Company Location: Specifies the company's headquarters location and provisions for establishing branches
4. Article 4: Duration: States the duration of the company's existence (fixed term or indefinite)
5. Article 5: Capital Structure: Details of the company's capital, number of shares/units, and their value
6. Article 6: Ownership Structure: Names and details of all shareholders/partners and their respective ownership percentages
7. Article 7: Management Structure: Defines the management structure, including board of directors or managers
8. Article 8: Shareholder Meetings: Procedures for conducting shareholder meetings and voting mechanisms
9. Article 9: Financial Year and Accounts: Specifies the financial year and requirements for maintaining accounts
10. Article 10: Profit Distribution: Rules for the distribution of profits and handling of losses
11. Article 11: Company Dissolution: Conditions and procedures for company dissolution and liquidation
1. Foreign Investment Provisions: Required when there are foreign shareholders, detailing compliance with foreign investment regulations
2. Shareholder Loans: Terms for shareholder loans if applicable to the company structure
3. Share Transfer Restrictions: Specific restrictions on the transfer of shares beyond statutory requirements
4. Preemptive Rights: Detailed provisions for shareholders' preemptive rights in future capital increases
5. Reserved Matters: List of decisions requiring special majority or unanimous approval
6. Intellectual Property Rights: Provisions regarding ownership and protection of intellectual property
7. Non-Competition Provisions: Restrictions on shareholders' involvement in competing businesses
1. Schedule 1: Shareholder Details: Detailed information about shareholders including ID numbers, addresses, and contact information
2. Schedule 2: Capital Contributions: Detailed breakdown of each shareholder's capital contribution
3. Schedule 3: Business Activities: Comprehensive list of approved business activities with their official codes
4. Schedule 4: Board Members/Managers: Detailed information about initial board members or managers including their powers
5. Schedule 5: Share Classes: Details of different share classes and associated rights if applicable
6. Appendix A: Shareholders' Resolution: Initial shareholders' resolution approving the incorporation
7. Appendix B: Required Governmental Approvals: Copies of pre-approval letters and licenses from relevant authorities
Authors
Articles
Board of Directors
Board of Managers
Capital
Chairman
Commercial Registration
Commercial Year
Shareholder
Partner
General Assembly
Ordinary General Assembly
Extraordinary General Assembly
Financial Year
Fiscal Year
Ministry
Minister
Shares
Share Certificate
Regulatory Authority
Resolution
Special Resolution
Ordinary Resolution
Quorum
Registered Office
Head Office
Seal
Secretary
Companies Law
Statutory Reserve
Subscription
Transfer
Voting Rights
Business Day
Capital Market Authority
Related Party
Subsidiary
Holding Company
Authorized Representative
Managing Director
Executive Committee
Zakat
Corporate Governance Regulations
Control
Affiliate
Company Name and Type
Corporate Purpose
Duration
Registered Office
Capital Structure
Share Classes and Rights
Share Transfer Restrictions
Shareholder Rights and Obligations
Management Structure
Board Powers and Duties
General Assembly Meetings
Voting Rights
Financial Statements
Profit Distribution
Statutory Reserves
Amendment Procedures
Dispute Resolution
Company Dissolution
Liquidation
Notices
Regulatory Compliance
Foreign Investment Provisions
Corporate Governance
Board Committees
Shareholder Representation
Decision Making Powers
Reserved Matters
Capital Increase
Capital Reduction
Share Issuance
Preemptive Rights
Financial Year
Auditor Appointment
Books and Records
Zakat and Tax
Manufacturing
Technology
Financial Services
Healthcare
Real Estate
Retail
Professional Services
Construction
Energy
Transportation
Education
Hospitality
Agriculture
Mining
Media and Entertainment
Telecommunications
Legal
Corporate Governance
Compliance
Finance
Board of Directors
Executive Leadership
Corporate Affairs
Risk Management
Investment
Operations
Company Secretariat
Shareholder Relations
CEO
Managing Director
Company Secretary
Legal Counsel
Corporate Lawyer
Compliance Officer
Board Director
Chief Financial Officer
Business Development Manager
Operations Director
Risk Manager
Corporate Governance Officer
Shareholder Relations Manager
Investment Manager
General Counsel
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