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Conduct Business in Saudi Arabia with Confidence

It’s an exciting time to do business in the Kingdom. Working with the right law firm makes all the difference. Whether you’re a Saudi national with entrepreneurial ambitions or a foreign company assessing the market, we can help.

Learn About Al-Ghazzawi & Partners

Locations

Dammam Office

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Our Offices

Corporate Law Firm in Dammam

Located in the heart of Dammam at the Alghazzawi Business Tower on the fourth floor, our Dammam office offers a full range of legal services to our clients across Saudi Arabia including corporate law, commercial transactions, real estate, labor law, intellectual property, and dispute resolution. We pride ourselves on delivering high quality legal services with a client-centred approach and are dedicated to maintaining the highest standards of professionalism and integrity. Contact our Dammam office today to learn how we can assist you with your legal needs.

Dammam Office

AlGhazzawi Business Tower, 8th Floor

Prince Muhammad Street

P.O. Box 381, Dammam 31411

T: +966 13 8331611

F: +966 13 8331981

Key Contacts

Hussam T. Al Ghazzawi

Hussam T. Al Ghazzawi

Managing Partner

Jaafer Taj Alsir Ali

Jaafer Taj Alsir Ali

Partner

Osman Moh’d Ali Salih Gailab

Osman Moh’d Ali Salih Gailab

Partner

Practice Areas in Our Dammam Law Office

AlGhazzawi & Partners is the law firm of choice for the Kingdom’s most dynamic businesses and multinational corporations operating in the Region, including several Fortune 500 companies. With the rapid pace of economic reforms and growth in business investment, our firm remains the first port of call for advice on doing business in Saudi Arabia.  We invite you to contact us for a free consultation to discuss your legal needs.

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Banking & Finance

Vision 2030 is poised to transform the banking and finance industry, along with many other sectors in the Kingdom. Several large international banks and financial institutions are already expanding their operations here and recent mega-mergers in the banking sector have made the changes very prominent. As a result, we expect to see a significant impact on debt markets, project financing, and both conventional and Islamic banking.

AlGhazzawi & Partners can help your business make the most of the changing landscape. We have more than 50 years of experience in the Kingdom of Saudi Arabia handling debt finance, banking, and financial transaction matters under both conventional and Islamic law. Our legal team has tackled some of the most complex legal challenges faced by both domestic and foreign-owned companies across a variety of industries and sectors while concluding transactions with banks and financial institutions.

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Bankruptcy & Insolvency

Bankruptcy and corporate insolvency cases create challenging legal hurdles that require knowledge and proficiency to navigate, especially when a salvage exercise is involved. Any corporate restructuring process requires a deep understanding of the rights and obligations of all affected parties. With experience in all key industry sectors, our team is equipped to assist you in meeting claim deadlines and will guide you to adeptly fulfill all regulatory provisions, prioritizing the protection of your rights and interests both inside and outside of court.

At AlGhazzawi & Partners, we have over 50 years of experience advising debt and equity financers, borrowers, lenders, arrangers, project sponsors, international financial organizations and export-credit agencies through corporate liquidation, insolvency, and bankruptcy proceedings. Our legal team has tackled some of the most complex legal challenges faced by both domestic and foreign-owned companies across a variety of industries and sectors.

 

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Business Investment

The Kingdom of Saudi Arabia has outlined a strategy to achieve diversification through its “Vision 2030” plan, pursuing an aggressive program of economic reform to create an enabling environment for foreign and domestic investment. These reforms have resulted in an increase of all tracked measures on the World Bank’s 2020 “Ease of Doing Business” Index, including 3rd in the world for protecting minority investors and top quartile rankings for starting a business and registering property. In addition, several more sectors have been opened for foreign investment and a high-level standing committee has recently been set up to evaluate and allow foreign investments in strategic and sensitive sectors as well.

AlGhazzawi & Partners has been advising domestic and foreign investors for over 50 years and we fully understand the commercial aspects and objectives of such investments. We work closely with our clients to create strategies for market entry, including new business structuring, mergers and acquisitions, franchising/distribution agreements, financing arrangements, Intellectual property protection, taxation, employment, and real estate acquisition.

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Business Structuring

Economic reforms in Saudi Arabia have unleashed a new era of Saudi entrepreneurship and a sharp increase in direct foreign investment in the form of new market entrants, mergers, acquisitions, and partnerships. While the opportunities are exciting, adequate diligence and prudence must be applied to how all new ventures are structured. Failure to do so can have serious and unexpected consequences for any business. The Kingdom is continuously codifying business activities and integrating licensing and incorporation services to simplify and streamline access, and this necessitates that existing businesses also align with the changes.

Our corporate practice is a major practice area of our firm and encompasses the entire spectrum of corporate law. With over 50 years of experience, we have guided thousands of emerging and growing entities, multinational, investment banks, private equity funds, and family businesses on the successful formation of new businesses and the ideal corporate structures that are most suitable for their ventures. This extensive know-how allows us to offer our clients practical and informed insights that are compliant with both Sharia practices and the rapidly evolving regulatory environment in the Kingdom.

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Capital Markets

The Kingdom of Saudi Arabia's capital markets regulations are some of the most sophisticated and well developed in the MENA Region. With extensive capital markets experience, our legal practice advises both domestic and international corporations, institutions, investment banks, and funds in relation to their capital transactions and regulatory compliance requirements within the Kingdom.

We have more than 50 years of experience handling capital market matters under both conventional and Islamic law. Our Capital Markets Practice regularly advises on equity and debt (in both conventional and Islamic law), derivatives including equity-linked products, securitization, Sukuk, and structured finance transactions. We work in partnership with clients over many years and multiple capital raising rounds.

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Competition & Anti-Trust

Recent economic reforms in the Kingdom of Saudi Arabia have resulted in an influx of direct foreign investment and a flurry of new merger and acquisition activity. In response, Saudi Arabia’s General Authority for Competition (GAC) has updated its merger control regime and increased enforcement activity to discourage and penalize anti-competitive practices in the Kingdom.

As the leading mergers and acquisitions law firm in Saudi Arabia, Al-Ghazzawi and Partners regularly advises domestic and international clients on competition, World Trade Organization, and anti-trust matters in the Kingdom. Our 50+ year history coupled with our stellar reputation amongst regulatory authorities allow us to gain clarity on the rapidly evolving competition and anti-trust laws in the Kingdom which we immediately utilize to the benefit of our clients.

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Contracts

Contracts are the foundation of law. You might have need of contracts on a wide range of issues, including technology transfer, licensing, intellectual property use, and project financing. It is essential that you ensure they reflect your best interests and are mutually understood by all parties. Strong agreements make business simpler, more productive, and more secure.

Al-Ghazzawi and Partners has a highly experienced and insightful commercial contracts team that can assist your business in any commercial matter. Our legal practice is fully equipped to draft, review, and advise your team about contracts on major projects, over valuable goods and properties, and regarding more complex legal arrangements. We also have extensive expertise and knowledge surrounding the tradition of contract law in the Kingdom of Saudi Arabia and how that may affect your domestic or international interests.

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Dispute Resolution

When commercial and corporate disputes arise, using options that avoid litigation can significantly reduce both time to resolution and legal fees. It can also help preserve the relationship between opposing parties. Alternative Dispute Resolution (ADR), which refers to solving disputes outside the court system (and includes negotiation, mediation, and arbitration) has gained significant importance in the Kingdom as the preferred method to resolving business disputes.

ADR has been a cornerstone of our practice for more than 50 years. Having successfully represented domestic and international clients in hundreds of high-profile, high-stake matters in the Kingdom, our lawyers are highly qualified ADR practitioners who are widely considered leaders in their field, and practice in accordance with international and professional standards in Arabic and/or English. As a firm, we are committed to helping clients prevent and resolve disputes by applying innovative alternatives to litigation.

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Employment

Employment laws and regulations governing labour relations are rapidly shifting in the Kingdom of Saudi Arabia. The “Saudization” system (i.e. Nitaqat) that requires employers in the private sector to hire a minimum percentage of Saudi nationals has been underway for several years. More recently, the Saudi Arabian Ministry of Human Resources and Social Development launched a Labour Reform Initiative (LRI) to replace the existing sponsorship system (i.e. kafala), which had previously placed significant constraints on foreign worker job mobility in the Kingdom.

Al-Ghazzawi and Partners can help your business successfully navigate the changing employment landscape. Throughout our five decades of practice, we have strongly believed that maintaining sound employer-employee relations is critical to our clients’ success. Labour disruptions, high employee turnover, fraud, and negligence can exact a great toll on a business – as does being offside with labour regulations.

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Environmental

Environmental regulations are becoming more stringent in the Kingdom of Saudi Arabia. Policies enacted to control pollution and contamination are placing ever-increasing environmental governance demands on every sector of the economy.

Clients depend on our guidance to understand the implications of environmental policies on their operation. In addition to providing advice on all aspects of environmental law in the Kingdom, Al-Ghazzawi and Partners also counsels on Environmental, Social, and Governance (ESG) factors that affect our clients. As more stakeholders take note of a company’s ESG practices, forward-thinking businesses recognize that non-compliance can expose them to serious liability and impact their standing with customers, investors, and regulatory authorities.

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Insurance

The insurance industry has gained greater prominence in the Kingdom of Saudi Arabia after the opening of the sector to foreign entities and the resulting consolidation that followed. Furthermore, the industry experienced rapid growth when vehicle and medical insurance became mandatory in the Kingdom and as new economic reforms encouraged foreign investment and economic diversification. As a result, the laws and regulations governing commercial insurance have become more complex in order to govern relations between participants.

With over 50 years of experience, Al-Ghazzawi and Partners is considered the leading Saudi law firm for resolving complex insurance disputes. We have been active participants in the growth of this sector with broad experience representing and advising insurers, policyholders, and other stakeholders on commercial insurance agreements and coverage disputes.

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Intellectual Property

Like other jurisdictions, there is an increased focus on the protection of intellectual property in Saudi Arabia and encompasses all types of IP rights.

Trademark and patent infringement of successful brands has been an intractable issue in Saudi Arabia and the region. Protecting Intellectual Property (IP) rights has become of strategic importance in fulfilling the Kingdom of Saudi Arabia’s “Vision 2030” ambitions. The government recognizes that IP rights play a central role in fueling creativity, innovation, and business investment – leading to a more diversified competitive domestic economy as well as making the business environment for foreign entrants more inviting and secure. As a result, Saudi Arabia’s IP regulatory landscape is rapidly changing, and new ways and means are being adopted to ensure the protection of IP rights in line with international treaties, protocols, and conventions to which Saudi Arabia is a party.

Our IP Practice Team has gained wide recognition in contesting the use of internationally established trademarks, trade names, copyrights, inventions, and proprietary know-how under various international treaties. We have also successfully prevented patent infringement and the sale of counterfeit goods in the Kingdom.

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Litigation

The unique nature and breadth of the judicial system in the Kingdom of Saudi Arabia requires practitioners with a deep knowledge of Sharia law and a profound understanding of the tenets of Islamic jurisprudence.

Our robust Litigation Team is skilled at settling business disputes throughout all levels and types of Saudi courts. Perhaps, there is not an area, industry, or regulatory issue in this domain that we have left untouched during our long practice spanning over four decades.

Our ability to understand complex domestic and international commercial disputes combined with our precedent-setting record and prowess in the courtroom has earned us a formidable reputation among our peers and throughout the business community in the Region. Our firm’s involvement often influences opponents to quickly settle their disputes with our clients.

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Mergers & Acquisitions

Major economic reforms in the Kingdom of Saudi Arabia have brought on an influx of direct foreign investments and a marked increase in merger and acquisition activity. These sensitive transactions demand rigorous due diligence and can attract the attention of Saudi competition and anti-trust agencies looking to prevent monopolistic or oligopolistic practices.

AlGhazzawi & Partners is widely considered to be the leading M&A law firm in Saudi Arabia. With over 50 years of experience focusing on corporate and commercial law, our team has handled some of the largest and most complex M&A transactions in the Kingdom. Whether you are a potential partner, acquirer, or readying your business for sale, our legal team has repeatedly demonstrated its robust business acumen to the advantage of domestic and foreign-owned clients alike across all key market sectors.

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Public Projects & PPP

Massive investment in the Kingdom of Saudi Arabia’s infrastructure is underway, presenting new opportunities for domestic and foreign-owned companies to participate in the estimated USD $492 billion spending plan over the next 25 years. Needless to say, involvement in public projects of this scale requires robust legal support for understanding public tendering requirements, Public-Private Partnership (PPP) projects, procurement regulations, dispute resolution mechanisms, and other legal matters as well as a review of contracts for such projects.

AlGhazzawi & Partners is well-positioned to provide the legal expertise needed for large-scale government infrastructure works and other projects. Thanks to our long drawn experience of over 50 years and huge knowledge base of the local laws and regulatory frameworks covering public procurement policy, concession arrangements in different areas, real estate expropriation for the public good, and Public-Private Partnerships (PPP), we have been guiding clients in navigating through the maze of regulatory, legal and business processes in a seamless manner.

With a full range of business legal services and a highly experienced team, we have the foresight and relevant insights to help you conduct business in the Kingdom with confidence and increase your chances of success.

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Real Estate & Construction

Commercial real estate and construction projects are some of the most common economic activities in the Kingdom of Saudi Arabia. Issues often arise due to complex ownership structures, changing legislation, project delays, bankruptcies before completion of projects, and contractual disputes.

AlGhazzawi & Partners is well-positioned to provide legal support covering all aspects of commercial real estate and construction projects. For over 50 years, we have been advising investors, developers, government bodies, investment funds, REITs, financial institutions, landlords, and tenants on all aspects of real estate and construction law. Our team has the foresight and relevant insights to help you conduct business in the Kingdom with confidence and increase your chances of success.

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Tax

Saudi Arabia is a unique tax jurisdiction where companies based in the Kingdom are generally subject to two different tax regimes - Zakat and/or Income Tax - based on the nationality of their owners. Companies are also subject to Value-Added Tax (VAT), real estate tax, customs and duties, withholding taxes on foreign entities, and must address the issue of double taxation.

With recent reforms and increased use of IT, the Saudi tax authority is aiming to increase compliance with tax laws and regulations, reduce tax evasion, and improve the Kingdom’s alignment with international standards. These reforms include new auditing standards that require greater accountability and requirements to file detailed returns in a timely manner. They also include recent e-invoicing requirements aimed to improve the efficiency and transparency of the filing process for taxpayers.

AlGhazzawi & Partners understands the complexities of the Saudi tax system and how it applies to your unique situation. Sophisticated legal support is essential for you to navigate changes to tax law, regulation, auditing, and filing standards. For over 50 years, our tax practice has assisted clients with domestic and international corporate tax planning, litigation of tax-related cases, , and representation on industry and client-specific issues.

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