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Showing posts from October, 2024

Key Differences Between LLC and Joint Stock Company in Saudi Arabia

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  When considering business setup in Saudi Arabia, understanding the different types of business entities is crucial. Two of the most common structures are Limited Liability Companies (LLCs) and Joint Stock Companies (JSCs) . Each has its unique characteristics, benefits, and drawbacks, making them suitable for different types of businesses. In this blog, we’ll explore the key differences between LLCs and JSCs in Saudi Arabia to help you make an informed decision for your business setup. 1. Legal Structure and Ownership Limited Liability Company (LLC) An LLC is a popular business structure in Saudi Arabia due to its flexible ownership options and limited liability. An LLC can have between 2 to 50 shareholders, and the liability of each shareholder is limited to their capital contribution. This means that personal assets are protected in case the company faces financial difficulties. Joint Stock Company (JSC) A JSC, on the other hand, is a more complex structure that requires a min...

How to Start a Social Enterprise in Saudi Arabia: A Step-by-Step Guide

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  Starting a social enterprise in Saudi Arabia is a powerful way to combine profit-making business activities with a mission to address social challenges. With Saudi Arabia’s Vision 2030 fostering economic diversification and promoting social responsibility, it’s the perfect time for entrepreneurs to launch businesses that aim to generate both financial and societal value. At Capital International Group , we specialize in helping business owners navigate the legal and regulatory landscape to establish their social enterprises seamlessly. Below is a comprehensive guide to help you get started. 1. Understand the Concept of a Social Enterprise Before setting up a social enterprise, it’s crucial to understand its nature. A social enterprise operates like a traditional business, but its primary goal is to solve social problems or meet environmental needs, rather than solely maximizing profits. Profits are typically reinvested into the business or towards fulfilling its social mission. K...