Amending Entity Type, Articles of Association, and Company Type

Overview

We offer comprehensive services for Amending the Company's Articles of Association, including Amending the Company Type or Amending the Entity Type legally. We ensure compliance with Ministry of Commerce (MOC) requirements and a positive impact on the Commercial Registration (CR), enabling the company to grow and adapt to the changing landscape of company formation.

Our service allows Companies and Establishments to easily proceed with Amending the Company's Articles of Association, whether the goal is Amending the Company Type (e.g., converting from LLC to Closed Joint Stock) or Amending the Entity Type. We ensure modifications align with Ministry of Commerce (MOC) requirements, update the Commercial Registration (CR), and complete all necessary procedures to guarantee the validity of the new company formation structure and compliance with the New Companies Law.

Service snapshot
Target Group

Target Group

Companies and Establishments needing to proceed with Amending the Company's Articles of Association for any reason (capital increase, partner change, Amending the Company Type or Amending the Entity Type).

Service Channels

Service Channels

Via the Ministry of Commerce (MOC) electronic platforms, where the request for Amending the Company's Articles of Association is submitted electronically, and verified for compliance with the New Companies Law and Commercial Registration (CR) requirements.

Language Provided

Language Provided

The procedures for Amending the Company's Articles of Association and Amending the Company Type requirements are explained in both Arabic and English, ensuring the Investor and General Manager understand the implications of the changes on company formation.

Objectives

1. Successfully completing the amendment of the Company's Articles of Association, including Amending the Entity Type or Amending the Company Type, ensuring rapid procedures and adherence to Ministry of Commerce (MOC) requirements.

2. Ensuring the Commercial Registration (CR) is immediately updated to reflect the new amendments, guaranteeing the continuity of Companies and Establishments operations and avoiding suspension of government services.

3. Providing legal consultations on the consequences of Amending the Company Type under the New Companies Law, assisting the General Manager in making the optimal decision for company formation.

Steps to Obtain
1

Determine the required amendments to the Company's Articles of Association

1. Determine the required amendments to the Company's Articles of Association, whether Amending the Entity Type or Amending the Company Type, and preparing supporting documents for the Ministry of Commerce (MOC).

2

Submit the request for Amending the Company's Articles of Association

2. Submit the request for Amending the Company's Articles of Association and pay the fees, then electronically authenticate the new Articles via Ministry of Commerce (MOC) platforms to ensure the Commercial Registration (CR) is updated.

3

Issuing the updated Commercial Registration

3. Issuing the updated Commercial Registration (CR) reflecting Amending the Company Type, and using it to update the Companies data with other government entities.

Areas of Work

1. Drafting the new Company's Articles of Association, integrating the required amendments (like Amending the Company Type) according to the New Companies Law and Ministry of Commerce (MOC) requirements.

2. Following up on authentication and verification procedures to ensure the Amending the Entity Type is approved and the Commercial Registration (CR) is updated quickly, resolving any technical or legal challenges faced by Companies.

3. Providing recommendations on the most suitable Company Type (e.g., LLC or Partnership) based on the Investor's objectives and future company formation requirements.

FAQs
1. What is the most common procedure for changing the Company's Articles of Association?

Answer: The most common is Amending the Company's Articles of Association to increase or decrease capital, or adding/changing partners, or Amending the Company Type to facilitate government services.

2. Can the Entity Type be Amended from individual to company?

Answer: Yes, the Entity Type can be Amended to a company (e.g., LLC), which requires Amending the Company's Articles of Association and Commercial Registration (CR) according to the Ministry of Commerce (MOC).

3. What is the importance of the New Companies Law in Amending the Company Type?

Answer: The New Companies Law provides greater flexibility in Amending the Company Type and its legal structure, supporting the Investor's desire to adapt to Saudi market requirements and company formation.