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All companies operating within Saudi Arabia must adhere to strict corporate governance regulations. The way a company must be governed varies

Welcome to the latest edition of Law Update. This month, we shine a spotlight on the Kingdom of Saudi Arabia, a market that continues to undergo transformative legal and regulatory reforms as it advances...

In 2025, Saudi Arabia is undertaking substantial reforms to its commercial laws, with a primary focus on company formation, operational procedures, and corporate governance.

In a groundbreaking decision that upholds the principles of justice and accountability, the Dubai Court of Appeal has acquitted the CEO and COO of a company accused of embezzling AED 10 million in a case linked to a commercial dispute exceeding AED 80 million.

In today's corporate landscape, sustainability is increasingly central to a company's impact and success. The International Financial Reporting Standards (IFRS) S1 and S2 underscore

サウジアラビア政府は、同国の会社法の全面改正を公表しました。

Transparency in ownership structures has become A fundamental requirement of the modern investment landscape. Merely knowing the registered Shareholder of a company is no longer sufficient for regulators or financial institutions. With the increasing sophistication of money laundering methods and the concealment of the origin of illicit funds through companies and legal entities, many jurisdictions have moved towards requiring companies to disclose the Ultimate Beneficial Owner (“UBO”).

Saudi Arabia has become a key investment hub over the years as it seeks to diversify its oil-dependent economy.

Next month the old Saudi companies law (the Old Law) will be repealed and a long-awaited new companies law (the New Law) will take its place.

In today's business environment, sustainability and stakeholder management are no longer optional—they are essential for long-term success.

2015 has seen a number of interesting legal developments in Saudi Arabia, particularly from a foreign investment perspective.

The notion of preserving family legacy and the resulting need to prepare the business to "hand the baton" to the next generation makes sense.

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

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

The manager/directors of any company that is incorporated in the KSA should start to consider what changes may need to be made to the company's articles of association or bylaws.

Amendments to Saudi Arabia's Companies Law, which came into effect in April 2018, seemingly return a rudimentary concept of standing for shareholder derivative claims to the statute...

As per the new Companies Law that came into effect on 2 May 2016 and which we have described in previous updates, single owner LLCs may be formed...