Document background
Action Minutes are essential corporate governance documents used to record official meetings, decisions, and actions within organizations operating in Saudi Arabia. These documents must be prepared in accordance with the Saudi Companies Law and related regulations, requiring specific details about attendance, quorum, discussions, and voting outcomes. Action Minutes serve multiple purposes: they provide a legal record of corporate decisions, establish accountability for assigned tasks, and serve as evidence in potential disputes or regulatory reviews. They are particularly crucial for board meetings, shareholder meetings, and committee meetings where formal decisions are made. The minutes must be maintained in proper format, often requiring both Arabic and English versions, and must be signed by the designated authorities (typically the Chairman and Secretary) to be considered valid under Saudi law.
