A Legal Analysis of the New Beneficial Ownership Rules Issued under Ministerial Decision No. 99
The Beneficial Ownership Rules promulgated pursuant to Ministerial Decision No. (99), approved by His Excellency Minister of Commerce, and dated 5 Jumada II 1447H, constitute a recent and material development within the Saudi corporate regulatory framework. Published in the Umm Al-Qura Gazette, the Decision repeals Ministerial Decision No. 235 and establishes a more structured regulatory […]