Companies Law

1. An unlisted joint-stock company shall prepare a special register which includes shareholders’ names, nationalities, particulars, places of residence, and occupations as well as the number of shares owned by each shareholder, their serial numbers, and the amount paid of their value. The company may outsource the preparation of the register; said register shall be maintained in the Kingdom. 2. The company shall provide the Commercial Register with the information referred to in paragraph (1) of this Article and any amendment thereto within 15 days from the date of the company’s registration with the Commercial Register or from the date of the amendment, as the case may be.