Questions tagged [own a business]

Lorenzo Tue Aug 06 2024 | 6 answers 1077

Excuse me, I was wondering if I could clarify something about 1031 exchanges. Specifically, I own a business and I'm curious if I'm eligible to participate in a 1031 exchange. I understand that it's typically used for real estate investments, but I'm wondering if there's any way for business owners to benefit from this tax-deferred strategy. Could you provide some insight into this matter? Thank you for your time.

DavidLee Mon Jun 10 2024 | 6 answers 1315

Could you please elaborate on the question, "Can a foreigner own a business in Saudi Arabia?" I'm particularly interested in understanding the legal framework surrounding this matter. Does Saudi Arabia allow foreigners to establish and operate businesses within its borders? If so, what are the specific requirements or conditions that need to be met? Are there any restrictions or limitations placed on foreigners owning businesses in Saudi Arabia? Additionally, could you provide any insights into the general business environment in Saudi Arabia and how it might affect foreigners seeking to establish a business there? Thank you for your assistance in clarifying this matter.