What are the common types of companies registered in Saudi Arabia, and what are their characteristics?

Common types of companies registered in Saudi Arabia include Limited Liability Companies (LLC), Joint Stock Companies, Branch Companies, and Joint Ventures. Limited Liability Companies have shareholders with limited liability and usually require a local partner; Joint Stock Companies are suitable for large-scale commercial activities with higher capital and management requirements; Branch Companies do not have independent legal status and are dependent on the parent company; Joint Ventures involve collaboration with local or other partners. (Adam)