Companies Law
Art. 240Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If a foreign company commences its activities and business prior to the
completion of licensing procedures, if any, and prior to its registration with the
Commercial Register, or if it engages in activities not covered by its license,
such company and the persons involved in such activities and business shall
be held jointly and severally liable.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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