Alqanoni

Companies Law

Art. 58
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

A joint-stock company is a company incorporated by one, or more, natural or legal persons and its capital is divided into tradable shares. The company shall be solely liable for the debts and liabilities arising from its activities. The liability of shareholders shall be limited to paying the value of the subscribed shares.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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