Wealth and Family Business
Ibrahim Al Howishel Law Firm has extensive experience in providing legal services to businessmen and family-owned corporations, whether in the areas of structuring, management, compliance, asset administration, restructuring ownership, and reorganization, as well as innovative solutions to ensure prosperity and generational continuity.
Questions You May Wonder?
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Judicial costs are sums of money that the taxpayer is required to pay to the competent department, in accordance with the provisions of the Judicial Costs Law issued by Royal Decree No. M/16 of the 30th of Muharram 1443 AH and its regulations, which aims to reduce malicious and fictitious lawsuits and enhance judicial efficiency, which will ensure the fulfillment of rights.
- Creation of a commercial circular
- Notarization of the contract.
- Payment of government fees.
- Issuing a commercial registry and publishing the contract electronically.
- Obtaining a license from the Ministry of Investment.
- A copy of the company's memorandum of association and a copy of its commercial registry certified by the Saudi Embassy in the relevant country and the Saudi Foreign Ministry and translated to Arabic by an accredited office.
- A copy of the decision by the company to open the new branch. This document should specify the headquarters, nature of activity, capital, manager, and delegations of authorities certified by the Saudi Embassy in the same country and the Saudi Foreign Ministry and translated to Arabic by an accredited office.
- The authorization issued to the branch manager certified by the Saudi Embassy in the same country and the Saudi Foreign Ministry and translated to Arabic by an accredited office.
- A copy of the power of attorney issued by the company certified by the Saudi Embassy in the country of origin and the Saudi Foreign Ministry and translated to Arabic by an accredited office.
- Originals of the above mentioned documents for matching.
