Bird & Bird LLP | Saudi Arabia | 16 Aug 2021
The creation of the Saudi Authority for Intellectual Property in 2018 paved the way for the local approach to align with international standards, which is a continuous work in progress. As changes continue to take place, this article briefly outlines the current measures available to brand owners to protect their trademarks in Saudi Arabia – namely, customs recordals and seizures,......
Bird & Bird LLP | Saudi Arabia | 12 Jul 2021
The Middle East is gaining traction in its growth and overall importance for international brand owners. With that comes a need for IP protection. With its Vision 2030 well under way, this article looks at Saudi Arabia and some of the challenges that a brand owner may face when protecting its intellectual property.
Elias Neocleous & Co LLC | Cyprus, Saudi Arabia | 1 Feb 2019
The Ministry of Finance recently announced that the double tax agreement with Saudi Arabia – which was signed on 3 January 2018 – will enter into force on 1 March 2019. The agreement will apply to amounts paid or credited on or after 1 January 2020 with regard to taxes withheld at source and to tax years beginning on or after 1 January 2020 with regard to other taxes.
Alexander & Partner Rechtsanwälte | Saudi Arabia | 13 Jun 2017
Saudi Arabia is currently attempting an ambitious reorientation of its economy. The Saudi Arabian Vision 2030 and the National Transformation Programme 2020 comprise the most comprehensive strategy shift in Saudi Arabian economic policy since oil was found in the country. The Saudi Arabian Vision 2030 and the National Transformation Programme 2020 are expected to ease existing restrictions......
Alexander & Partner Rechtsanwälte | Saudi Arabia | 19 Dec 2016
Management liability is a central concern for investors. However, where management liability is too restrictive, managers may become overly cautious and avoid transactions or business opportunities with even moderate risk. Consequently, a balance must be struck between encouraging management not to take unnecessarily high risks and allowing it to conduct the normal business of the company......
Clyde & Co LLP | Saudi Arabia | 10 Jun 2013
Saudi Arabia recently completed the process for acceding to the Patent Cooperation Treaty (PCT) and the Patent Law Treaty. Now that the state will feature on the PCT designated countries list, patent filers are likely to opt for the extended period in which to enter the costly national filing phase. As a result, the number of direct patent filings to Saudi Arabia is expected to increase.
Clyde & Co LLP | Bahrain, Kuwait, Oman, etc. | 6 Feb 2012
The 10th edition of the Nice Classification of goods and services recently came into force, providing a significant advantage for trademark owners filing trademark applications in countries that have adopted the classification. However, in the Middle East, where most countries are not signatories to the Nice Agreement, the position has become more complicated than it was previously.