
80 days remaining until the deadline for amending the articles of association (AOA)
The Ministry of Commerce announced on 27 Rabi' al-Thani 1446 that the deadline for companies to amend the articles of association/statute in accordance with the provisions of the new Companies Law ends on January 18, 2025.
The Ministry called on companies to take the initiative to amend the articles of association/statute through the (Business Platform) of the Saudi Center for Economic Business: business.sa and access the "Amendment of the articles of association/statute" service, fill out the form and submit the application electronically, and benefit from (no financial charge for publication fees) at the present time.
The application shall be submitted electronically by (the partner/manager/authorized) and requires the existence of an extraordinary general assembly decision for joint-stock companies/shareholders' decision for simplified joint-stock, and the application shall be submitted to the main records of companies only.
Source Link: https://mc.gov.sa/ar/mediacenter/News/Pages/30-10-24-01.aspx