by Aby Alameddine | May 11, 2023 | New Regulations
As announced by Crown Prince Mohammad Bin Salman on 13 April 2023, four special economic zones (SEZs) will be established in Saudi Arabia. With each SEZ having a distinct area of focus, investors setting up entities in these SEZs will be taxed at 5% corporate tax for...
by Aby Alameddine | Apr 3, 2023 | New Regulations
Saudi Arabia is predicted to be one of the world’s fastest-growing economies during this decade, according to the World Economic Outlook of October 2022 released by the International Monetary Fund.1 Saudi Arabia has committed to encouraging business investment in the...
by Aby Alameddine | Mar 29, 2023 | New Regulations
On 7 March 2023, the Council of Ministers formally approved the Initiative for attracting multinationals to set up regional headquarters in Saudi Arabia. Earlier, the Regulations related to contracting by governmental entities with the foreign entities, which do not...
by Aby Alameddine | Mar 1, 2023 | New Companies Law
Explore our New Companies Law Series Below: About Saudi Arabia’s New Companies Law Provisions for LLCs under the New Companies Law New Foreign Investment Guidelines Under New Saudi Arabian Companies Law Regulatory Frameworks of Companies Under Saudi Companies...
by Aby Alameddine | Feb 22, 2023 | News
AlGhazzawi & Partners has expanded its presence with the opening of its newest location in Cairo, Egypt. The opening was completed officially on January 5th, 2023, in the presence of His Excellency Mr. Bandar Al-Amri, Chairman of the Saudi-Egyptian Business...