Nimbus Consultancy

Saudi Arabia is advancing its corporate transparency initiatives with the introduction of new Ultimate Beneficial Ownership (UBO) Rules, issued by the Ministry of Commerce on February 21, 2025.    These rules, effective from April 3, 2025, are designed to align the Kingdom with global standards, particularly those outlined by the Financial Action Task Force (FATF), while combating financial crimes such as money laundering and tax evasion.  - Key Requirements for Businesses   A UBO is defined as any natural person who owns or controls at least 25% of a company’s shares or voting rights, holds the authority to influence major corporate decisions, or exercises significant control over business operations.  Under the new regulations, most companies operating in Saudi Arabia are required to disclose and maintain up-to-date records of their ultimate beneficial owners. If no individual meets these criteria, senior executives such as directors or managers w...

  As Saudi Arabia accelerates towards rapid economic growth, the demand for commercial real estate, especially warehouse space, is on the rise. Driven by rising sectors like e-commerce, retail, and logistics, warehouse rentals in major cities such as Riyadh, Jeddah, and Dammam are facing increased demands.    With the warehousing market in the Kingdom projected to grow at a CAGR of 4.5%, reaching $13.2 billion by 2030, securing the right space at the right time is a competitive advantage.  - Why Warehouse Rentals Are Surging?   Warehouse rentals are surging due to the rapid growth of online shopping and the need for efficient inventory and distribution centers. Simultaneously, logistics networks are expanding, and the government is promoting digital infrastructure to support real estate transactions.    A key player in this ecosystem is Ejar, Saudi Arabia’s digital leasing platform, which has revolutionized the way businesses lease commercial properti...

  As Saudi Arabia continues its economic transformation under Vision 2030, holding companies are gaining traction as a vital tool for investors, families, and businesses seeking structured, long-term growth in the region.    These entities offer a strategic way to centralize control, reduce risk, and manage diversified investments, making them essential to modern business portfolios in the Kingdom.  Let’s have a quick look at the details of a holding company formation in Saudi Arabia .  - What is a Holding Company?   A holding company in Saudi Arabia is a legal entity that owns assets, equity stakes, or interests in other companies but doesn’t engage directly in daily operations. Instead, it acts as a parent body, guiding investment decisions and overseeing subsidiary businesses.    This structure is widely favored by high-net-worth families and individuals, corporate groups, and institutional investors to manage wealth, optimize taxation, and en...