The easiest all-in-one platform

for board and committee governance and shareholder relations of Saudi and GCC closed joint-stock companies

Hefth: a registered trademark

Hefth is a registered trademark offering a technical solution for managing shareholder registers, fully owned and operated by Exit Finance (licensed by the Ministry of Commerce and authorized by the Capital Market Authority), headquartered on Prince Mohammed bin Salman Road – Qurtubah District – Riyadh.

Hefth: capital engineering, board and committee governance, and shareholder relations

Hefth offers its services for effective governance and full regulatory compliance, bringing accuracy and ease of use together in an exceptional experience. Through Hefth, the executive management of joint-stock companies has full control over capital operations to support investment rounds, and uses the dynamic cap table to raise the efficiency of the board's and finance teams' financial and administrative work.

Hefth platform

Fully automated

Hefth is the first fully automated system for your company's governance. It gives you control over:

  • Shareholder registry keeping and heirs' transfers.
  • Board and committee management and governance.
  • Capital operations and complex issuances for investment rounds.
  • Employee loyalty program to retain talent.
  • Assemblies of all types (ordinary / extraordinary / private).

Complete flexibility, stronger governance

Hefth gives its clients the flexibility and full control to strengthen board and committee work, capital operations, and shareholder registry and relations management, at minimal cost.

Board and committee management

Full control over board setup, meetings and digital minutes, with circular voting and guest invitations.

Shareholder registry management

Keep all shareholder records and retrieve shareholder information with ease.

Assembly management

Hold general and private assemblies automatically, with electronic voting.

Capital management

Issuances through a dynamic cap table that strengthen the company's position and support investment rounds.

Why Hefth

The most comprehensive. The easiest. The only fully automated system.

Operations

  • 31 services available.
  • 24/7 technical support.

High security

  • Highly secure servers.
  • Fully compliant with NCA cybersecurity requirements.

Flexible plans and costs

  • Free digital registry setup.
  • Flexible payment plans.
Plans

Grow your company's business

Board and committee governance

Through your account you can design the right governance for the board and its committees, and the system lets you fully manage meetings, reports and guest invitations.

Administrative support

Through your company's dedicated account manager, you get administrative support in drafting announcements, notices and meeting minutes, so the wording is right and within regulatory limits.

Automated treasury share purchase

Hefth lets you issue a purchase order to the company's shareholders to acquire shares and hold them as treasury shares, which the company can later use in financial operations.

Record every movement on your company's shares

Hefth updates every share transfer instantly and archives the records daily, issuing a detailed register of shareholder movements and information at every daily close.

Excellence

Employee loyalty program

An advanced talent-retention system that includes treasury share acquisition orders and a wide range of programs – direct, phased and phantom grants – with fully automated contracts.

Investment rounds

A state-of-the-art data room for preparing investment rounds, backed by a dynamic cap table (Cap-Table) for new issuances. Shareholder registers and the cap table update instantly at the click of a button.

Capital engineering

A wide range of capital operations, including capital increases and reductions, fully automated with clear and simple steps reflected instantly in shareholders' equity and the cap table.

Heirs' transfers

Full compliance with the Ministries of Justice and Commerce regulations for inheritance transfers, with easy and simple steps to record heirs' share transfers instantly.

Restrictions and compliance

The ability to suspend ownership and any related rights, to comply with rights-preservation and collateral regulations and to apply restrictions on disposing of ownership.

User management

Integrated management of system users with a wide range of grantable permissions, to ease the work of every department and raise productivity.

Dividend distribution

Depositing annual or interim dividends into shareholders' accounts, with the option to exclude specific shareholders to ensure regulatory compliance.

Solution integration

Company operations related to shareholders are reflected automatically in the Tanaqul app, used by board and committee members and the company's shareholders.

Notification documentation

Notify shareholders by text message and document the process, supporting legal and regulatory compliance in notification procedures for administrative or financial operations.

Empowerment and integration

Hefth in numbers

For full transparency, here are the numbers that matter to you

Registered companies
+17Companies
Registered shares
+56,020,036Shares
Registered investors
+6,562Investors
Daily transfers
+0Shares
Dividends distributed
+4,060,442
Capitalized shares
+2,294,700Shares
Assemblies held
+25Assemblies
Capitalized profits
+22,146,900
Market value of assets under management
+834,458,400
Hefth platform screens

Professional technical support and high security

Hefth adheres to all regulations of the National Cybersecurity Authority through a specialized team able to provide professional technical support to clients.

24/7 technical support

Hefth has a dedicated support team for the platform's clients and users, available around the clock 24/7.

Security

We adhere to a strict set of Saudi laws and government regulations to ensure the protection of all users.

Our clients

What is Hefth?

It is a platform that keeps and manages shareholder registers and relations for Saudi and GCC closed joint-stock companies, through a fully automated system.

Is Hefth licensed?

Yes. Hefth is a registered trademark of Exit Finance, licensed by the Saudi Ministry of Commerce to provide administrative services to companies.

Is registration on Hefth free?

Yes. Registering companies on the platform and setting up digital shareholder registers is free. The basic plan gives the company some services, such as keeping shareholder records and recording share transfers, and the company can request additional services for separate fees.

What are the fees for setting up the digital shareholder register?

Fees vary by service. You can see them on our Plans .

Which companies benefit from Hefth?

Closed / simplified joint-stock companies in Saudi Arabia and the GCC countries.

How do shareholders benefit from Hefth?

Hefth does not serve shareholders directly; it serves them through its partners' apps . Shareholders must register to access all the services provided. They can benefit from many services, such as viewing general assembly minutes and financial statements, receiving dividends, following announcements, transferring shares, and more.

What are the requirements to register on Hefth?

Hefth registers your company through a fully automated process. The company must be registered in Saudi Arabia or one of the GCC countries, with a valid registration.

The documents required from companies are:

  • A valid commercial registration.
  • The updated shareholder register.
  • The memorandum of association and the latest approved articles of association, if any.
  • An authorization certified by the Chamber of Commerce for the company's authorized user (subscriber).
  • Financial statements for the past two years for companies that want founders' shares to be transferable, except startups funded by investors or through crowdfunding.
How does Hefth keep data confidential and secure?

Keeping your data safe is a top priority. Our platform operates under the umbrella of the National Cybersecurity Authority and uses an SSL certificate. Data and information are stored across several servers within Saudi Arabia to keep information secure and prevent its loss.

How can I contact Hefth?

If you have any question not answered here, do not hesitate to email us at Info@hefth.sa or reach us directly via WhatsApp. We are happy to help and support you.