Saudi Arabia’s New Ultimate Beneficial Ownership Rules: What Businesses Need to Know

Nimbus Consultancy16 May, 2025Business

For companies looking for a seamless business setup in the KSA, this means that compliance is no longer optional but an integral part of operating successfully in the Kingdom. With penalties for non-compliance set high and regulatory expectations increasing, businesses must act now to prepare for the changes. By establishing robust internal processes and maintaining accurate UBO records, companies can navigate the new requirements with confidence and ensure their continued success in Saudi Arabia’s growing and dynamic economy.