1. Islamic Law
2. Islamic Contract Law
3. Statute Law
4. Investing in Saudi Arabia
5. Other Forms of Doing Business
6. Companies and Partnerships
7. Doing Business with Saudi Arabia
8. Competition Law
9. Electronic Transactions
10. Taxation
11. Banking
12. Capital Markets
13. Mergers and Acquisitions
14. Insurance
15. Real Estate
16. Intellectual Property
17. Employment Law
18. Environmental Laws
19. Dispute Resolution
20. Sovereign Immunity

 

 
 
 

Temporary commercial registrations and Representative Offices:
Foreign businesses who have obtained a contract from the Saudi Arabian government or a government agency are entitled to a temporary Commercial Registration, enabling them to perform the contract in Saudi Arabia. Until June 2001 the registrations were issued by the Ministry of Commerce and Industry, since then the task has been shifted to SAGIA. An application for a temporary Commercial Registration must be lodged within thirty days of the signing of the contract. Under this arrangement, the foreign business entity’s activities in the Kingdom must be limited to the specific project, and it may not solicit other business in the Kingdom. Where a foreign entity performs several concurrent government contracts in Saudi Arabia, it may establish a representative office to supervise its activities in the Kingdom.

Technical and Scientific Services Offices:
Resolution No. 1532 of 1975 of the Minister of Commerce and Industry makes it possible for foreign companies with specific technical and scientific skills to obtain licences to open technical and scientific services offices Saudi Arabia. However, such offices may not engage in commercial activities, and are meant to give technical support to the parent company’s Saudi Arabian agent or distributor, to conduct market surveys, and to undertake product research.

Professional Partnerships:
Pursuant to Order No. 41 of 1991 of the Minister of Commerce non-Saudi entities engaged in the “free professions”, which includes accountants, architects, consulting engineers and lawyers, may establish, in partnership with a Saudi entity engaged in the same profession, a presence in the Kingdom under a licence from the Ministry of Commerce and Industry. Such professional partnerships may not have limited liability, and must have at least 25% Saudi Arabian participation. The foreign entity must have been in existence for at least ten years, and must have acquired an “excellent reputation” in its field.

*This Saudi Arabian Law Overview is not intended to be legal advice, and cannot be relied on as a substitute for legal advice. We make no representation that the contents of this Saudi Arabian Law Overview are or will remain accurate or current.
Copyright © Hatem Abbas Ghazzawi & Co.

 

 
 

Chambers Global 2017

 
  " They have a very good understanding of the local market. Their team is strong and diversified and they have an understanding of international topics and cases."
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IFLR 1000, 2017 edition

 
 

“They are smart, responsive and thoughtful. Absolutely our go-to firm in the Kingdom, as they have been for over 15 years,” says one.

“Excellent services, knowledgeable, highly responsive, creative and they offer practical advice for compliance on Kingdom legal matters – I would highly recommend them,”
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  European Legal 500,
2017 edition
 
 

The firm is a popular choice for financial and commercial disputes, and regularly acts for international banks. Ongoing cases include representing certificate holders claiming for sukuk defaults worth in excess of $500m in connection with outstanding loan repayments.
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      saudilegal 2017