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Could You Face Penalties for Not Updating Your Saudi Business License on Time?
Yes, you could face penalties for not updating your Saudi business license on time. While the specific penalties have evolved, it's...
fatima7064
Aug 213 min read
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Can Your Saudi Company Survive Without a Strong Compliance Program?
The simple answer is No ; a company in Saudi Arabia cannot survive long-term without a strong compliance program. The Kingdom's business...
Elaqat Team
Aug 204 min read
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Are You Compliant? Understanding Saudi Arabia's New Ultimate Beneficial Ownership Rules
Corporate transparency is a top priority for economies around the world, and the Kingdom of Saudi Arabia (KSA) is no exception. As part...
Ali Elmahdy
Aug 84 min read
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What is Commercial Cover-Up (Tasattur Tijari)? Types & Penalties in Saudi Law
In its continuous efforts to foster a transparent and equitable economic environment, the Kingdom of Saudi Arabia vigorously combats...
Elaqat Team
Jul 308 min read
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