Saudi companies' deadline to align their articles with the Companies Law passes

Saudi Arabia's Companies Law came into force on 19 January 2023. The Royal Decree approving it gave existing companies up to two years to bring themselves into line.

What it means

• Existing companies had to amend their articles of association by 18 January 2025.
• A company amending its articles in that window had to update every provision that conflicted with the law.
• Amendments were filed through the Saudi Business Center platform (business.sa). The Ministry waived publication fees.
• After the deadline, companies with non-compliant articles risk enforcement action.

What to do

Companies that haven't updated their articles should do so now, and make later changes through the Saudi Business Center.

Sources

• Amlak: Ministry of Commerce, 60 days left before the deadline for amending the Articles of Incorporation (November 2024)
• Mondaq: Deadline for compliance with Saudi Arabia's new Companies Law (January 2025)