Saudi Arabia: Shareholders

Distribution from estate in Saudi Arabia follows three mandatory stages under the Personal Status Law (Royal Decree M/73, March 2022): debts and funeral costs are settled first, then a bequest (wasiyya) of up to one-third of the net estate may be honoured, and finally the prescribed shares, known as faraid,distribute the balance among rightful heirs. No inheritance tax applies to any distribution in the Kingdom.

In today's fast-paced business world, companies and investors in Saudi Arabia often need to legalize their corporate and real estate documents.

To start a business in Saudi Arabia, it is essential to understand the different legal requirements and factors of each type of entity.