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2023 Saudi Companies Law

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The first full translation of the brand-new 2023 Saudi Companies Law. In June, 2022 Saudi Arabia announced that it was enacting a Companies Law first proposed in August, 2020. Issued by both the Ministry of Commerce and the Capital Markets Authority, the new law takes effect in 2023.

When the Ministry of Commerce and the Capital Market Authority announced a new draft Companies Law those who work in the corporate space eagerly awaited the new law.

The new Companies Law streamlines corporate ...