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On July 1, 2024, the Saudi General Authority for Competition (GAC) announced key amendments to its merger guidelines. These updates introduce several significant changes...

The societal development commences with the acknowledgment of the necessity to align with continual progress worldwide, and to endeavor towards creating opportunities to achieve stability...

Establishing a contracting company in Saudi Arabia is of immense economic and legal potential for international investors. However, entry into the industry goes through complex regulations...

If you wish to hire a law firm in KSA, it is very important to select an experienced, reliable law firm that has in-depth knowledge of both Saudi and international laws.

The Kingdom of Saudi Arabia (KSA) offers immense opportunities for foreign businesses, thanks to its strategic location, abundant natural resources...

Oil and gas companies have historically been subject to tax in Sharjah under Sharjah Income Tax Decree 1968 at the top rate of 55%. On 13 February 2025, Sheikh Sultan bin Muhammad Al-Qasimi enacted a new law.

Saudi Arabia is now one of the most promising markets for foreign investors in the Middle East.

In general, foreigners may have 100% ownership of locally established businesses in Saudi Arabia. According to Foreign Investment Law, foreign companies who wish to invest in Saudi Arabia are subject to special rules and requirements.

In recognition of the imperative need for the Royal Commission in Saudi Arabia to keep pace with all necessary developments to achieve the economic renaissance in the Kingdom...

Compliance is now a prerequisite for government services, including new visa issuances, and requires a lengthy process of amending company documents.

Further to our previous article in September 2015, the Council of Ministers of the Kingdom of Saudi Arabia (the Kingdom) has approved, on 13 June 2016...

The Saudi government recently unveiled a comprehensive update to the Saudi Companies Law that has been some time in the making.

The principal law governing professional companies in Saudi Arabia is the Professional Companies Law which was approved by Royal Decree No. (4) on 18/2/1412H (corresponding to 26th August 1991) and is supplemented by the Executive Regulations, Ministerial Resolutions and an Explanatory Memorandum (collectively, the "Professional Companies Law").

The Human Resources Development Fund (HRDF), which is an affiliate of the Ministry of Labor (MOL), has proposed a new system to reward companies who meet the Saudization requirements with incentives.

Saudi Arabia has spent the past decade building a digital backbone for public services.

Formerly known as the Saudi Arabian General Investment Authority (SAGIA), the Ministry of Investment of Saudi Arabia (MISA) is the central...

Despite the new system, the existing Nitaqat procedure for categorizing companies based on their size and the industry in which they operate, ranking them on a color-coded scale...

Saudi Arabia's law is based on Sharia and managed by a variety of ministries and government organizations.