المدونة

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

It is one of the most important regulatory documents that a merchant needs in order to start his trade in the Kingdom of Saudi Arabia, and registration in the commercial register is one of the basic conditions for establishing companies in the Kingdom. To provide all information related to merchants and determine the size of their activities

Every evidence is derived from data that is created, issued, received, preserved, or reported, and is dealt with through a digital means, where these data can be retrieved or obtained in an understandable manner. In other words, the digital evidence is a developed and distinct evidence from other written evidence. Data that can be stored or prepared digitally so that it lies in the digital medium used until needed, and it can also be defined as evidence obtained from the computer in the form of electric magnetic fields that can be collected and analyzed through special programs

Some projects that are established on the territory of the Kingdom of Saudi Arabia may suffer from financing problems at the beginning, as the founders of these projects seek any means that can relieve them of the burdens of those financing problems, and here came the role of financial leasing in Saudi Arabia, where the Kingdom came with this effective legislative tool to ensure The most important part of the financing project in general

It is a legal act that comes as a result of control, and that control is achieved in one of two ways, either through the purchase of a number of shares, or through an agreement to form a majority controlling the company. Indirect, such as acquiring a company that owns more than half of the capital or voting rights in other companies listed in the financial market on a part of the company’s capital in Saudi Arabia, so that it gives control over the voting majority in the company, or he alone controls the majority of voting rights in company