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New Enforcement Bill introduces description of offences & penalties on the parties involved with enforcement proceedings The new Enforcement draft law has brought a wide understanding of the offences and penalties. The legislators have streamlined and specified the offences and its penalties that would apply on whoever has connection with applicant of the enforcement such […]

IT Crimes Why This Law has been Issued Since 07/03/1436H, the Board of Ministers has resolved laws fighting IT and e-transaction crimes. We hereby would like to define IT crimes as: – “Any act committed related to computer or internet violating stipulations of this law.” These regulations are issued to limit such crimes, assigning penalties

Claiming termination of partnership and reimbursement capitals for not sharing dividends Disregarding the court orders and failure to show up at the court hearing fixed by courts of law might be a ground to prove the right claimed against a defendant is evidentiary. We refer to a case below as an example to make readers

Claim to prove partnership and demanding transfer of shares An entity entering or dealing with transactions which involves legal complications should be managed and handled by a person who has the sufficient experience and knowledge, only then there would be a proper management and avoidance of any legal disputes or complications securing the rights of

The Executory Instrument in the New Enforcement Bill The new Enforcement draft law has specified some articles, which are related to the executory instruments that is contained in section (3) of the draft law, which is given the name ‘executory instrument’, in which the law explained the types of such executory instruments and defined them.

E-invoicing Regulations The General Authority of Zakat and Tax (GAZT) is now termed as The Zakat, Tax and Customs Authority. The GAZT issued the E-invoicing Regulations on 04/04/1442 AH. The said regulations were issued in line with the Kingdom’s one of vital vision for legislative development and bring e-technology linking all internal departments and sectors

Ownership, sorting and management of properties in the Kingdom of Saudi Arabia The Ministry of Housing (Ministry) based on the powers invested with it, issued the implementing regulations for the ownership, sorting and management of real estate units, after the submission of the General Authority for Real Estate in Saudi Arabia, a draft of these

Violations Foreign Investors Make The executive regulation of the foreign investment system in Article Twenty-one (46) of the Penal Code stipulates the following: (1) Differences between the Commercial Register’s data on the data contained in the investment license issued by the Authority with the specifications of the Gulf or Saudi Arabia or international accredited. In

Environment Protection in the Kingdom of Saudi Arabia The Kingdom of Saudi Arabia shows great importance to conservation of the environment, its development, and protecting it from pollutants. The Kingdom follows the guidance of Islam which urges and calls for paying attention to the environment and restraining from harmful acts and making optimal use of

Procedures for Enforcements of Court Rulings (Part 2) In our pervious article we discussed about few procedures on the execution of the court judgements in the new enforcement bill (draft law), in this Article we continue to highlight about the provisions that are related to recovery of funds in the in the draft law. According