The importance of the one man’s company under the new Saudi companies law 2015
Author
al-Qudah, Man Muhammad Amin Ali
Source
Issue
Vol. 12, Issue 5 (31 May. 2019), pp.4160-4181, 22 p.
Publisher
Qassim University College of Sharia and Islamic Studies
Publication Date
2019-05-31
Country of Publication
Saudi Arabia
No. of Pages
22
Main Subjects
Abstract EN
The companies’ role is highly significant in the economic and trade development.
In this sense, countries are seeking to take into consideration to organize the companies’ type, legal forms and the rules of their foundation procedure.
In addition, the legal doctrine classified the type of commercial companies into: persons Company, the Joint-Stock Company and mixed companies (between persons and the joint-stock companies).
However, due to the rapid commercial growth, economic sectors, and the vital need to cope with this growth, another type of companies differs from the traditional classification of commercial companies, which has become known as one man’s company.
In this context, the new Saudi Company Law 2015 emphasizes that one man’s company should be established.
One man’s company arises several questions that will be addressed in this paper: is it a necessity finding such a company under the new Saudi Companies Law 2015? Are the legal provisions appropriate and sufficient to handle this type of company? Is it important to impose regulations regarding this company in the absence of an independent legal regulation of this type of company?
American Psychological Association (APA)
al-Qudah, Man Muhammad Amin Ali. 2019. The importance of the one man’s company under the new Saudi companies law 2015. Journal of Islamic Sciences،Vol. 12, no. 5, pp.4160-4181.
https://search.emarefa.net/detail/BIM-1217827
Modern Language Association (MLA)
al-Qudah, Man Muhammad Amin Ali. The importance of the one man’s company under the new Saudi companies law 2015. Journal of Islamic Sciences Vol. 12, no. 5 (May. 2019), pp.4160-4181.
https://search.emarefa.net/detail/BIM-1217827
American Medical Association (AMA)
al-Qudah, Man Muhammad Amin Ali. The importance of the one man’s company under the new Saudi companies law 2015. Journal of Islamic Sciences. 2019. Vol. 12, no. 5, pp.4160-4181.
https://search.emarefa.net/detail/BIM-1217827
Data Type
Journal Articles
Language
English
Notes
Record ID
BIM-1217827