The Kingdom of Saudi Arabia is witnessing a remarkable transformation in the business sector, as there are many types of companies in the Saudi system in line with this development. From individual companies that embody agility in management, through joint-venture companies that reflect team spirit, all the way to limited liability and joint-stock companies that open broad horizons for major projects. This diversity creates a rich commercial map that reflects the vibrant economic environment in Saudi Arabia.
In this article, we will learn about the types of companies in the Saudi system and the advantages and challenges of each.