Regional Headquarters (RHQ) in Saudi Arabia: Streamlined process with limitless possibilities

Saudi Arabia’s strategic location at the intersection of Europe, Asia, and Africa is enhanced by a strong economy driven by ambitious reforms and investment opportunities, including significant development projects. This unique combination makes the Kingdom a prime destination for multinational companies looking to establish regional headquarters and take advantage of the unprecedented opportunities presented by its… Continue reading Regional Headquarters (RHQ) in Saudi Arabia: Streamlined process with limitless possibilities

New Saudi Commercial Companies Law: Important Changes and Reforms

New Saudi Commercial Companies Law

On June 28th, 2022, Saudi Arabia approved a new Commercial Companies Law, “New Law,” to enhance the country’s business environment. The law and its Executive Regulations entered into force on 19 January 2023, replacing the previous Saudi corporate law regime. The “New Law” was enacted by Cabinet Resolution No. 678, dated June 28, 2022, and… Continue reading New Saudi Commercial Companies Law: Important Changes and Reforms