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Nov 26, 2025
Ultimate Beneficial Ownership in Saudi Arabia: A Practical Compliance Guide for 2026
Saudi Arabia has strengthened its corporate transparency framework through Ministerial Decision No. 235, introducing mandatory Ultimate Beneficial Ownership (UBO) reporting for most companies operating in the Kingdom. Effective 3 April 2025, companies must identify their actual beneficial owners, maintain accurate internal records, and file verified UBO information through the Saudi Business Center (SBC) platform under the Ministry of Commerce.
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