Corporate & Capital
Company Formation & Articles of Association
Preparing formation contracts and articles of association across corporate forms, protecting partners and defining governance from day one.
Overview & Legal Definition
The formation contract and articles of association are not a mere formality with the Ministry of Commerce — they are the document governing every future decision within the company: equity distribution, management authority, and the mechanism for resolving partner disputes.
Points Deserving Special Attention at Formation
- 1Choosing the appropriate legal form: a limited liability company, a closed joint- stock company, or a single-person company, depending on the activity and planned number of partners.
- 2Manager or board authority and financial/administrative signature limits.
- 3Predefined exit and liquidation mechanisms to avoid deadlock in a future dispute.
- 4Right of first refusal clauses on the sale of equity between partners.
Corporate Formation Risks
- Granting the manager broad powers without financial or administrative restrictions, risking abuse of trust.
- Overlooking the Right of First Refusal (ROFR), permitting unwanted third parties to acquire shares.
- Failure to draft a clear liquidation mechanism upon critical partner deadlock, leading to management paralysis.
Our Services
Preparing formation contracts and articles of association for all corporate forms.
Amending existing formation contracts when a new partner joins or management structure changes.
Reviewing formation drafts prepared by other parties before signature and notarization.
Related Network Contracts
Frequently Asked Questions
Our Standards
Licensed Firm
Formally licensed by the Ministry of Justice under License No. 48189.
Banking Pedigree
Led by a former Vice President of Riyad Bank's Legal & Compliance division.
PDPL Compliance
Full alignment with Saudi Personal Data Protection Law regarding communications.
Related Legal Services
حجز استشارة
اطلب استشارة قانونية
املأ النموذج المرفق وأرفق المستندات المطلوبة، وسيقوم فريقنا بدراسة الطلب والتواصل معكم خلال 24 ساعة.