Saudi legal center issues key research on e-commerce, tax, sports

The Center of Legal Studies and Research has released seven studies covering various sectors of the economy including business, health, e-commerce and sports, the Saudi Press Agency reported.

The research is a part of the center’s aim to highlight key developments and challenges within the Kingdom’s legal and legislative framework, the SPA reported.

The studies, which are in line with the Saudi Vision 2030 plan, also focuses on regulations for managing special economic regions and zones.

One study focused on the privatization of the healthcare sector and developing regulations in line with international best practice.

Another paper looked at tax legislation in the Kingdom and made recommendations on insolvency.

There was also research conducted on a suitable legal framework for listing Special Purpose Acquisition Companies on the Saudi Arabia stock exchange.

The center began issuing research for the first time last year on ways to streamline the Kingdom’s legal framework for the economy.

All publications are accessible on the center’s website at www.clsr.gov.sa.