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Corporate · Legal glossary

General assemblyIn Arabic: الجمعية العامة

Partners' resolution template

Definition

General assembly is الجمعية العامة in Arabic. Searchers also use الجمعية العمومية: the meeting of partners or shareholders that deals with the company’s affairs as its law provides.

How it varies across the GCC

A Saudi limited liability company has a general assembly of all the partners, at least once a year within six months of the financial year-end, on twenty-one days’ notice, with minutes kept in a register (Companies Law, article 165). Joint-stock assemblies are articles 84 to 97, verified by heading, and partnerships are article 54. The other states are under review.

The rules that apply to a specific matter depend on the state, any free zone involved and the current text of the law, so check the official source before relying on them.

Basis by country

A row is filled only where the article was matched to an official text. Under review means that text was not confirmed for this page.
CountryBasis
United Arab EmiratesUnder review
Saudi ArabiaCompanies Law, article 165: an LLC general assembly of all partners, at least once a year within six months of the year-end, twenty-one days’ notice, minutes in a register. Articles 84 to 97: joint-stock assemblies, verified by heading. Article 54: partnerships. The statute says الجمعية العامة. Searchers also use الجمعية العمومية.
BahrainUnder review
QatarUnder review
KuwaitUnder review
OmanUnder review

Sources

Official texts for the points on this page. General information, not legal advice. An article number is cited only where it was verified.

  1. Saudi Companies Law, art. 54, 84–97, 165https://laws.boe.gov.sa/BoeLaws/Laws/LawDetails/a8376aea-1bc3-49d4-9027-aed900b555af/1

Related template

Memorandum of association template

The memorandum is where an LLC records how the partners meet and vote. It is not the minutes. In Saudi Arabia the general assembly meets at least once a year, and the minutes are kept in a register.

Open the memorandum of association template

Related terms

  • Joint-stock companyشركة المساهمة
  • Limited liability companyالشركة ذات المسؤولية المحدودة
  • One-person company (single-owner LLC)شركة الشخص الواحد
  • Articles of associationالنظام الأساسي
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General information, not legal advice.

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