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Al Madani & Co. Law Firm & Legal Consultants Saudi Arabia’s Real Estate Transfer Tax System: A Comprehensive Legal Overview The Saudi Cabinet has approved a real estate transfer tax system imposing a 5% levy on the total value of real estate transactions. This system aims to regulate the Kingdom’s real estate sector and enhance […]

Al Madani & Co. Law Firm & Legal Consultants Article 70 of the Enforcement Law: The Right to Imprison the Debtor in Light of Recent Amendments to the Law and its Executive Regulations The decision of Article 70 of the Enforcement Law is one of the intricate legal issues that concern many legal practitioners and

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Understanding Contract Expiration: A Comprehensive Guide The expiration of contracts is a significant topic in civil law, concerning the termination of obligations arising from contracts due to the passage of a specified time or occurrence of a legal circumstance. Notably, contract expiration differs from

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Exploring Statute of Limitations and Its Types Under the New Civil Transactions Law The topic of the statute of limitations holds significant weight within the legal system due to its close relationship with the societal interest in stabilizing transactions and not leaving rights hanging

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS Enhancing Real Estate Transactions in Saudi Arabia with Electronic Lease Contracts In the dynamic real estate market of Saudi Arabia, the electronic lease contract emerges as a groundbreaking solution, revolutionizing the traditional rental process. This digitized contract, managed through the electronic leasing system established

THE LAW FIRM OF HAZIM AL MADANI ATTORNEYS AND LEGAL CONSULTANTS The Integral Role of Freight Brokers in Saudi Arabia’s Logistics Sector The logistics industry in Saudi Arabia witnesses an indispensable player — the freight broker. This entity or individual stands at the core of international trade, connecting importers and exporters to the myriad of

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