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Certificate Of Incorporation Form

Certificate Of Incorporation Form Template for Saudi Arabia

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Key Requirements PROMPT example:

Certificate Of Incorporation Form

"I need a Certificate of Incorporation Form for a Saudi-based technology consulting LLC with 5 million SAR capital, jointly owned by two Saudi nationals and one UAE investor, planned to commence operations by March 2025."

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Document background
The Certificate of Incorporation Form is a mandatory legal document required for establishing any company in Saudi Arabia. This document is issued pursuant to the Saudi Companies Law of 2015 (as amended) and related regulations from the Ministry of Commerce and Investment. It serves as the foundational document that legitimizes a company's existence and operations within the Kingdom. The Certificate of Incorporation Form must be obtained before a company can legally conduct business activities, open bank accounts, or enter into contracts. It includes crucial information such as the company's legal structure, ownership details, capital information, management framework, and authorized activities. For foreign investors, additional requirements and approvals from the Saudi Arabian General Investment Authority must be incorporated into the document. The certificate forms part of the company's permanent records and is required for all future governmental transactions, license renewals, and business expansions.
Suggested Sections

1. Company Identification: Official registered name of the company in Arabic and English, commercial registration number, and unified national number

2. Legal Form: Specification of the company's legal structure (LLC, JSC, etc.) and applicable regulations

3. Company Location: Registered office address and principal place of business in Saudi Arabia

4. Company Duration: Period of incorporation and company's intended duration

5. Company Purpose: Authorized business activities and scope of operations

6. Capital Structure: Details of company's capital, number of shares/units, and value per share

7. Ownership Details: Information about shareholders/partners, their nationalities, and ownership percentages

8. Management Structure: Details of appointed managers/board members and their authorities

9. Official Declarations: Statutory declarations confirming compliance with Saudi laws and regulations

Optional Sections

1. Foreign Investment License: Required when there is foreign ownership, including SAGIA license details

2. Special Activities Authorization: Required for companies engaging in regulated activities (e.g., financial services, healthcare)

3. Branch Information: Required when the company has registered branches within Saudi Arabia

4. Professional License Details: Required for professional companies or those requiring special permits

5. Shariah Board: Required for companies offering Islamic financial services or products

6. Stock Market Compliance: Required for public joint stock companies planning to list on the Saudi Stock Exchange

Suggested Schedules

1. Schedule 1: Shareholder Information: Detailed breakdown of shareholding structure, including ID numbers and contact information

2. Schedule 2: Capital Payment Confirmation: Bank certificates confirming capital deposits and payment details

3. Schedule 3: Management Appointment Documents: Detailed information about appointed managers/board members including their acceptance

4. Schedule 4: Company Activities: Comprehensive list of approved business activities with their ISIC codes

5. Appendix A: Required Governmental Approvals: Copies of special permits, licenses, and governmental approvals

6. Appendix B: Corporate Governance Framework: Required for larger companies, detailing the governance structure and procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions







































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Relevant Industries

Manufacturing

Retail

Technology

Financial Services

Healthcare

Real Estate

Construction

Professional Services

Tourism

Education

Transportation

Energy

Mining

Agriculture

Telecommunications

Relevant Teams

Legal

Compliance

Corporate Governance

Finance

Executive Management

Business Development

Risk Management

Corporate Affairs

Regulatory Affairs

Administrative

Company Secretariat

Relevant Roles

Chief Executive Officer

Company Secretary

Legal Counsel

Corporate Lawyer

Compliance Officer

Chief Financial Officer

Business Development Manager

Investment Manager

Corporate Governance Officer

Risk Manager

Board Secretary

Managing Director

Chairman

Incorporation Specialist

Regulatory Affairs Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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