Company Limited By Guarantee Memorandum Of Association Template for Saudi Arabia

1. Zakat and Tax Provisions: Specific arrangements for handling Zakat and tax obligations, included when specific tax structuring is required

2. Shariah Compliance: Specific provisions ensuring compliance with Islamic law, included when the company operates in sectors requiring explicit Shariah compliance

3. Committee Structure: Framework for specialized committees (e.g., audit, compliance), included for larger organizations or those with specific regulatory requirements

4. Dispute Resolution: Specific procedures for handling internal disputes, included when standard court procedures are not preferred

5. Branch Offices: Provisions for establishing and managing branch offices, included when company plans geographic expansion

6. Electronic Communications: Provisions for electronic meetings and communications, included when modern communication methods are preferred

1. Schedule 1: Initial Members: List of founding members with their details and guarantee amounts

2. Schedule 2: Initial Directors: Details of the first board of directors

3. Schedule 3: Powers of Directors: Detailed list of board powers and limitations

4. Schedule 4: Meeting Procedures: Detailed procedures for conducting general assembly and board meetings

5. Schedule 5: Company Activities: Detailed list of approved business activities aligned with Saudi licensing requirements

6. Appendix A: Form of Membership Application: Standard form for new membership applications

7. Appendix B: Proxy Form: Standard form for appointing proxies for general assembly meetings