The Council of Ministers of Saudi Arabia recently approved the
amendments of certain provisions of the Companies Law. The
amendments introduce 11 adjustments to certain articles, mostly in
connection with Joint Stock Companies and Limited Liability
Companies. This article aims to outline the various amendments to
the Companies Law.
On 10 April 2018G, the Council of Ministers
(CoM) approved the amendments of certain
provisions of the Companies Law, issued pursuant to the Royal
Decree number M/01 dated 10 November 2015G and amended by the Royal
Decree number M/79 dated 11 April 2018G (the Companies
Law).
The recent CoM's resolution introduced 11 adjustments to
certain articles of the Companies Law (the
Amendments), mostly in connection with Joint Stock
Companies (JSC) and Limited Liability Companies
(LLC).
