Overview of the New Saudi Franchise Law

5 December 2020 - Cyrille Naffah

In a very significant move and in line with its commitments under the WTO, to open economic sectors to direct foreign investments and modernize its legal and regulatory frameworks, the Saudi Council of Ministers, after lengthy discussions and deliberations, approved on October 8th, 2019, the long-awaited text of the New Franchise Law (hereinafter referred to as the “Franchise Law”). This is a …

GAZT extends deadlines for filing tax returns

5 December 2020 - Cyrille Naffah

The Saudi Arabian General Authority for Zakat and Tax (GAZT) Extends the Deadlines for Filing Tax Returns In a move motivated by the outbreak of the Coronavirus(Covid-19) and the resulting inability for businesses to prepare to file their tax returns within the time frames provided for by law, the Saudi Arabian General Authority of Zakat and Tax („GAZT“) has decided on March 20th, 2020 …

Real estate acquisition in Morocco

16 October 2020 - Christian Steiner

Real estate purchase in Morocco. Legal framework for the acquisition of real estate in Morocco by foreigners.

Efforts to Incentivise Foreign Investment in the Maghreb States

20 February 2020 - Christian Steiner

Speaking of the rule of law and doing business, the Maghreb countries Morocco, Tunisia and Algeria are not those that many would usually think of in particularly outstanding terms. Rather would the Nordic countries or Singapore spring to mind, and, in fact, they do lead most relevant rankings. Frankly, reaching those countries’ levels of efficiency …

Manager liability in Morocco

4 February 2019 - Christian Steiner

Those who approach management tasks in Morocco with the same care as they would in Europe are not exposed to any particular risks. The greatest risk for a foreign managing director is to underestimate the linguistic and cultural challenges.

New impetus for arbitration in Morocco

12 April 2018 - Christian Steiner

International arbitral awards are also enforced in Morocco. Between Morocco and continental Europe, one should not resort to common law.