by Majed Zantout | Nov 8, 2023 | New Regulations
Download (PDF) Introduction Continuing the process of codification of laws and regulations with a view to have clarity vis-à-vis application and interpretation of different situations, conditions and circumstances by all parties including the judiciary, Saudi Arabia...
by Majed Zantout | Nov 6, 2023 | New Regulations
Download (PDF) Introduction Civil Transactions Law of Saudi Arabia that has codified the principles and rules covering civil transactions will come into force on 21 December, 2023. This note summarizes and comments on major provisions related to formation,...
by Majed Zantout | Nov 2, 2023 | New Regulations
Overview of KSA Civil Transaction Law One of the notable features of the Law is its applicability to incidents, contracts and agreements that were entered before the effective date of the Law with the exception of incidents covered by any statutory provision or...
by Majed Zantout | Aug 7, 2023 | New Regulations
Objections against Judgments The Rules of Implementation for Objections against Judgments issued vide Ministerial Decree No: 512 dated 05/01/1445 H. (23 July 2023), the “Rules” replaces completely the Rules of Implementation related to the appeal process dated...
by Majed Zantout | Aug 7, 2023 | New Regulations
Contracts & Agreements It is common to find people talking about contracts in a way that whatever is stipulated therein or whatever is agreed between parties should invariably be considered valid, lawful, and enforceable. In jurisdictions that either apply...
by Majed Zantout | May 11, 2023 | New Regulations
As announced by Crown Prince Mohammad Bin Salman on 13 April 2023, four special economic zones (SEZs) will be established in Saudi Arabia. With each SEZ having a distinct area of focus, investors setting up entities in these SEZs will be taxed at 5% corporate tax for...