Companies Law

1. A company shall have a tradename in Arabic or in any other language. The name may reflect the company’s purpose or may be a distinctive name or the name of one or more of the company’s current or former partners or shareholders, or a combination of the above. The name shall not be inconsistent with the Law of Tradenames and other laws and regulations applicable in the Kingdom. 2. If a company’s tradename includes the name of a former partner or shareholder, the consent of such partner or shareholder must be obtained. If said partner or shareholder dies without providing his approval, the consent of his heirs must be obtained. 3. The form of a company must be included in its tradename. 4. A company’s tradename may be amended in accordance with the conditions prescribed for amending articles of incorporation or articles of association. The amendment shall not affect the company’s rights or obligations nor the validity of legal measures taken by the company or against it prior to such amendment.