Companies Law
Art. 241Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If the presence of a foreign company in the Kingdom is to perform certain
activities during a specific period, such company shall be temporarily registered
with the Commercial Register. Such registration shall expire upon completion
of such activities and the company shall be stricken from the Register following
the settlement of its rights and obligations, in accordance with this Law and
other applicable laws. Said company may, however, continue to exist upon
satisfaction of statutory requirements. The Ministry may, in coordination with
the Ministry of Investment, set the rules necessary for the implementation of
this Article.
Companies Law
Part 12: Company Termination and Liquidation
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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