المدونة

The Kingdom has worked to provide greater opportunities for investment and benefit in the real estate sector, whether for investors or individuals wishing to own real estate in Saudi Arabia.

The field of commercial franchising, or as it is also called franchising, is one of the most sought-after investment fields by entrepreneurs in the Kingdom of Saudi Arabia, given the advantages it includes that entrepreneurs and investors aspire to in the Kingdom, such as obtaining the franchise of an already existing project with its expertise, experiences, ideas and mark. A successful business can benefit from its reputation and work under its umbrella, which saves the entrepreneur or investor from promotion and marketing, as customers know and trust the brand

Such as the joint-stock company, the limited liability company, or companies of persons such as the general partnership and the limited partnership company, those companies that are considered the most important economic legal entities that are established based on a memorandum of association or articles of association under which two or more persons are committed to each of them contributing to a profit-oriented project by providing a share of Money or work or both together to share the profit or loss arising from this project

The unified industrial regulation system for the countries of the Cooperation Council for the Arab States of the Gulf is one of the most important systems in force in the Kingdom of Saudi Arabia and the strongest pillar of the industrial sector in the Kingdom. This system included all the controls, procedures and requirements necessary to be able to establish industrial projects or so-called industrial facilities

The larger your project, the more it needs a deliberate and organized way to collect your debts, and in this case you will need to contract with those who provide you with this service from debt collection companies that buy the debt from the creditor, and then collect it through certain steps, in exchange for a percentage of money to be agreed upon When do you need to contract with debt collection companies?

We can summarize the most important characteristics of legal advice in that it requires excellent legal knowledge, the ability to apply laws to specific facts, suggest actions to be taken by the client, and well aware that this information provided directly affects the legal rights and responsibilities of the client.

Companies, regardless of their size or the nature of their activities, often encounter a range of existing or potential challenges that may hinder their ability to achieve their goals, especially amidst intense global competition. To overcome these obstacles, many turn to merger and acquisition strategies to create a new economic entity that is more advanced on administrative, technical, and financial levels.

The Kingdom of Saudi Arabia was keen when issuing the new corporate law to include new types of companies, such as the simplified joint stock company, in addition to other well-known companies, which are the Solidarity Company, the Simple Partnership Company, the Joint Stock Company and the Limited Liability Company.

The authority is working to achieve the highest levels of commitment by those entrusted with the duties imposed on them in accordance with best practices and with high efficiency, and one of the most important strategic objectives of the Zakat, Tax and Customs Authority that it is working to achieve is to raise the percentage of compliance and commitment, enhance the security aspect, build an effective system, and improve the customer experience On the other hand, there are different tax systems in the Kingdom of Saudi Arabia

The responsibility of the shareholder is limited to the performance of the value of the shares he has subscribed for. The issued share capital of the joint-stock company must not be less than five hundred thousand riyals, and the paid-up of it upon incorporation must not be less than a quarter. economy inside the kingdom

Trade enhances competition, diversifies sources of goods and services and improves their quality. Therefore, the merchant in the Kingdom of Saudi Arabia is one of the most important pillars of the commercial process, and as a result of the interest of the Kingdom of Saudi Arabia in trade and merchants, that tool contributes to the development and prosperity of the economy.

The Saudi bankruptcy system came with other advantages for both sides, whether the debtor or the creditor, as one of the most important objectives of setting up the Saudi bankruptcy system and its executive regulations is to carry out a preventive settlement to facilitate the debtor’s reaching an agreement with his creditors on a settlement of his debts and the debtor retains the management of his activity, or financial reorganization to facilitate reaching an agreement with his creditors. The debtor has entered into an agreement with his creditors on the financial reorganization of his activity under the supervision of the financial reorganization trustee, or liquidation by listing the creditors’ claims, selling the bankruptcy assets and distributing its proceeds to the creditors under the management of the liquidation trustee