Author name: Nashmi Al Otaibi

Foreign investors and nominee arrangements in Saudi Arabia

Saudi Arabia, Tax / By / ,

I. Introduction Foreign investors seeking to expand their activities and business into the Kingdom of Saudi Arabia (“KSA”) tend to focus on studying the market and the investment opportunities. However, the regulatory requirements are considered a major aspect when investing in the KSA and should be considered as well. A company willing to enter the […]

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An overview of the amendments to Zakat in Saudi Arabia

Saudi Arabia, Tax / By

An overview of the amendments to the Zakat Collection Regulations for the year 1445 AH The legislative developments regarding the provisions for collecting zakat follow an accelerated pace, in a consistent manner with the changes in the other laws in the Kingdom of Saudi Arabia, such as the companies and investment laws, accounting standards, tax

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