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Al Madani & Co. Law Firm & Legal Consultants Real Estate Transaction Tax: A Comprehensive Guide The real estate transaction tax is an essential tax in the Kingdom, imposed on transactions related to properties and owned real estate. This tax aims to achieve tax equity and provide additional sources of government revenue. The real estate […]

Al Madani & Co. Law Firm & Legal Consultants An Insight Into Tax Incentives Provided to Foreign Investors in Saudi Arabia Tax incentives are a potent tool employed by nations to attract foreign capital and investments, stimulate economic activity, and bolster sustainable development. Notably, the Kingdom of Saudi Arabia offers significant tax incentives to foreign

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Approval of Government Agencies’ Contracting Controls with Companies and Related Parties That were Not Headquartered in KSA Subject to Council of Ministers at their meeting chaired by Custodian of the Two Holy Mosques, King SALMAN BIN ABDULAZIZ AL SAUD, regarding the transaction received from

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Compulsory licenses for the use of non-authors’ works or their rights without prior permission Requirements for obtaining Compulsory licenses: Every person shall be entitled to apply to the Saudi Authority for Intellectual Property to request a Compulsory license to reproduce a work or translate

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Similarities between the UNCITRAL Arbitration Act and the Islamic sharia rules The beginning of arbitration in Saudi Arabia: The law that governs Saudi Arabia is the Islamic Shariah law, the legality of arbitration in Islamic Shariah law has been proven in the Holy Qur’an

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Prospects for free markets without customs for the first time in Saudi Arabia Opening free markets in Saudi Arabia is a great cultural and historical shift in Saudi Arabia and a competition for all the markets that preceded us. The Saudi Cabinet, in its

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS The National Investment Strategy in Saudi Arabia Definition of the National Investment Strategy: His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister and Chairman of the Council of Economic and Development Affairs, launched the National Investment Strategy, which is one

the Kingdom of Saudi Arabia Preventive Settlement of Bankruptcy in the Kingdom of Saudi Arabia Preventive Settlement of Bankruptcy in the Kingdom of Saudi Arabia مكتب حازم المدني محامون و مستشارون قانونيون التسوية الوقائية من الإفلاس بالمملكة العربية السعودية تم تنظيم نظام و إجراءات الإفلاس لأول مرة بموجب الامر الملكي رقم (32)بتاريخ 15/1/1350 ومن المواد

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Investors’ Health licenses In Saudi Arabia The start of the health march in Saudi Arabia: The organized health march and disease control in Saudi Arabia started as one of the most important priorities and concerns of the Saudi government, the reason for the start

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Limited liability companies According to the Companies Law issued in 1443 H / 2022 AD What are limited liability companies Limited Liability Company: A company established by one or more natural or legal persons, its liability shall be independent of the financial liability of