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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 21, 20253 min read


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 20, 20254 min read


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 8, 20254 min read


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 30, 20258 min read


Are Smart Contracts Legally Binding in Saudi Arabia?
Diving into Saudi Arabia’s fast-changing legal tech scene, one burning question stands out: Are smart contracts actually enforceable in...
Elaqat Team
Jul 28, 20258 min read
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