Our services include:
- Developing integrated governance frameworks in accordance with strategic and organizational objectives.
- Assessing and improving the internal control structure to enhance transparency and accountability.
- Training in governance best practices for board members and employees.
- Conduct periodic compliance audits to assess performance and identify risks.
- Developing performance evaluation systems in line with governance standards.
- Review and update policies and procedures to ensure effectiveness and compliance.
- Preparing and drafting a governance manual that includes roles and responsibilities.
- Provide advice on compliance with local and international regulations.
- Assist in organizing meetings to ensure that decisions are properly documented.
- Consultations on the structuring authorities to ensure effectiveness and avoid conflicts
How we help
Effective governance does not mean more regulations; it means clear roles, authorities and oversight, sized to an entity’s goals without slowing its work. We deliver governance projects in defined stages.
- Diagnosis: reviewing constitutional documents, the organizational structure and current authorities.
- Design: preparing the governance manual, the delegation of authority matrix, and board and committee charters.
- Approval: presenting the documents to the competent approval bodies within the entity.
- Implementation: training, meeting organization and templates for documenting decisions.
- Follow-up: periodic compliance reviews and updating documents when regulations change.
- Family charters that regulate ownership, employment, profit distribution, share transfers and dispute resolution within family businesses.
For companies, the starting point is the Companies Law and its Implementing Regulations, which allow family companies to adopt a family charter, together with the Capital Market Authority’s Corporate Governance Regulations for listed companies. For the non-profit sector, the Law of Associations and Foundations and the rules of the National Center for Non-Profit Sector apply. Compliance may also involve the Anti-Money Laundering Law and the Personal Data Protection Law, depending on the entity’s activity.
Who we serve
- Joint stock and limited liability companies, their boards and committees.
- Family businesses organizing the relationship between family, ownership and management.
- Government entities and their committees.
- Associations and civil foundations.
- Entities that need periodic or independent compliance reviews.
Signs that governance is needed include delayed decisions because no one knows who holds authority, board meetings without documented minutes, overlap between ownership and management, repeated auditor or regulator findings, and rapid growth without updated policies. Addressing them early protects directors and managers from liability.
Frequently asked questions
What is the difference between governance and compliance?
Governance sets how an entity is managed and how decisions are made and overseen; compliance verifies that the entity actually follows the applicable laws, regulations and approved policies. Each complements the other.
Is governance mandatory for unlisted companies?
The CMA Corporate Governance Regulations mainly target listed companies, but the Companies Law contains management and liability rules binding on all companies, and good governance protects owners and managers in every case.
What is a delegation of authority matrix?
A table that sets out who may take each decision, such as spending, contracting and hiring, and the financial limits involved, preventing overlap and speeding up decisions.
Contact Alburhan Law Firm in Riyadh to discuss your matter.
