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THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Opportunities and Challenges of Foreign Investment in the Kingdom For decades, the Kingdom has been implementing strategies to attract foreign investment as a means to diversify its economy, moving away from the heavy reliance on oil revenues. Recent years have witnessed significant enhancements in […]

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Highlighting Significant Tax Law Modifications in the Kingdom In line with the Kingdom’s pursuit of achieving economic diversification and increasing the private sector’s contribution to the GDP, the nation has recently witnessed a series of comprehensive tax reforms, the most extensive in its modern

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Prominent Benefits and Exemptions Offered to Industrial Projects: Unleashing Investment Opportunities The economy is undergoing a qualitative transformation towards diversification and reliance on non-oil sectors, with the industrial sector being a key pillar in this transformation due to its significant role in driving development

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Inheritance Provisions in Companies Regulating the rules and provisions for the transfer of ownership and assets of companies to heirs after the death of one of its owners or partners is an important matter to ensure the continuity of business operations and the protection

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS The Nature of Vacant Land and Its Significant Types Initially, we would like to define what is meant by ‘vacant land’. This term refers to land that is either unutilized or neglected. Consequently, the government has taken several measures to address this issue by

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS The Investment Account and Its Key Features: A Comprehensive Guide for Potential Investors The Investment Account has emerged as one of the most significant investment products recently introduced by the Kingdom. It provides individual investors with an organized and secure platform to invest their

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Trade Name and Its Disposition for Business Owners The trade name is one of the most critical elements of a business’s identity. It distinguishes an enterprise from its competitors in the same field. As a result, companies and institutions strive to choose distinctive, easy-to-pronounce,

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS A Comprehensive Guide to Converting Enterprises into Companies: Key Distinctions and Benefits Transforming enterprises into companies fosters private sector development, stimulating investment, and promoting innovation. In this guide, we aim to elucidate the key differences between enterprises and companies, the benefits of such a

The Law Firm of Hazim Al Madani Attorneys and Legal Consultants Saudi Arabia introduces new norms on the Construction Contractors to provide insurance cover against hidden defects in construction. On 3/5/2020 AD corresponding to 11 Ramadan 1441 AH, the Ministry of Municipal and Rural Affairs (Ministry) issued a decision following the decision of the Saudi

The Law Firm of Hazim Al Madani Attorneys and Legal Consultants Permitting The Issuance Of Mining Licenses For Gold And Precious Metals To Foreign Investors In The Kingdom of Saudi Arabia The amendments included several different topics aimed at developing investment in the mining sector, giving opportunities to foreign companies to invest in this sector,