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Author: Nawas Tharakuzhi

Strategic Insights on Business Structures and Registration in Saudi Arabia

Company Registration

With the status as the economic powerhouse of the Middle East, the Kingdom of Saudi Arabia (KSA) has long been synonymous with oil-driven prosperity. Nevertheless, in April 2016, the KSA Government unveiled a transformative vision for the future by issuing the Vision 2030 Plan, which outlines ambitious economic and social reforms aimed at diversifying the… Continue reading Strategic Insights on Business Structures and Registration in Saudi Arabia

Business Expansion into KSA: Key Employment Considerations

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The Kingdom of Saudi Arabia (KSA), once known for its oil-driven economy, is now on a path of unprecedented economic growth, leading to an influx of foreign businesses into the KSA. For a foreign business, there are various factors to be considered in deciding to establish in a new jurisdiction, one such factor being employment.… Continue reading Business Expansion into KSA: Key Employment Considerations

Tax Structuring Insights in Saudi Arabia

Tax

The Kingdom of Saudi Arabia is well reputed for business incentives, opportunities, innovative developments and access to unparalleled business opportunities. Whereas the Kingdom is on the verge of attracting and incentivizing foreign capital, greenfield investors (and not only) would need to consider the tax implications of investing and repatriating fund from the territory of the… Continue reading Tax Structuring Insights in Saudi Arabia

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The Advancement of Maritime Insurance Regulations in the Kingdom of Saudi Arabia

Vessel

In the process of modernizing marine insurance in the Kingdom of Saudi Arabia (KSA), the Saudi Arabia Central Bank (SAMA) issued official Marine Insurance Coverage Instructions on October 4, 2023. The issuing of these instructions was a significant step towards establishing a regulatory framework for both mandatory and non-mandatory marine insurance within the KSA, as… Continue reading The Advancement of Maritime Insurance Regulations in the Kingdom of Saudi Arabia

Research on Cassation appeal to the Supreme Court

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Legal research on the notice to perform a right and the recourse to mediation and reconciliation

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