مجلتي

Joint stock company formation in Saudi Arabia is an important aspect of business development in the country. A joint stock company, also known as a publicly traded company, is a type of business entity that is owned by shareholders who each hold a portion of the company's equity. In this article, we will provide an overview of the process of forming a joint stock company in Saudi Arabia, including the fintech in saudi arabia legal requirements, steps involved, and the benefits of this business structure in the Saudi Arabian market. A Joint Stock Company (JSC) in Saudi Arabia is a type of legal entity that allows multiple shareholders to own and operate a business. The formation of a JSC in Saudi Arabia requires a minimum of five shareholders, and the company must have a minimum capital of SAR 500,000. To form a JSC in Saudi Arabia, the shareholders must first obtain a commercial registration from the Ministry of Commerce and Investment. They must then open a bank account and dep