Do you want a business that is structured to meet your capacity and preference? Mohammed Al-Muzayen Law firm can bridge the gap between your current corporate structure to the one which suits you and your business.
Mohammed Al-Muzayen Law Firm takes pride in being one of the very few practitioners in Saudi Arabia with extensive experience in Corporate Structuring, by providing complete structuring solutions for our clients for many years now.
We also advise on the advantages and disadvantages of various corporate structures such as sole proprietorships, partnerships, corporations, and limited liability company structures and assist you to find out which one is right for your business.
In line with the Saudi Vision 2030, Saudi Arabia is aiming at accelerating development in the kingdom when it comes to various forms of global economies. Public and private joint-stock companies are considered the most significant pillar where it includes the greater space in the business and commercial sector. Joint-stock companies only require a minimum of two (2) shareholders, which may be composed of a shareholder and two affiliated foreign companies. Some of the advantages of forming joint-stock companies include; foreign companies are allowed to bid for government contracts and can operate in the kingdom without a Saudi Agent or Partner and enjoys exemption from customs duties on imports on industrial projects and machinery. At Mohammed Al-Muzayen, we guarantee not only a legally compliant but also legally-sound corporate structure – no matter how complex it may be. Should you engage in a public or private joint-stock company, we will make sure that you always get the advantage.