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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.

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Insights into Saudi Arabia’s Evolving Laws & Regulations

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New Foreign Investment Guidelines Under New Saudi Arabian Companies Law

Mar 15, 2023 |

The Saudi Arabian Ministry of Investment regularly updates its investment guide covering conditions, criteria, and requirements for foreign investors to set up and conduct business activities in Saudi Arabia.

Provisions for Professional Companies Under New Saudi Arabian Companies Law

Mar 1, 2023 |

The new Companies Law of 1443 H. (Law) in Saudi Arabia became effective in January 2023, and companies are now required to change their constitutional documents (Articles of Association, Articles of Incorporation) accordingly. This note highlights changes in the Companies Law of 1443 H. concerning the set up and operation of professional companies (free professions) which were earlier governed under a separate Professional Companies Law of 1441 H.

AlGhazzawi & Partners Announces New Representative Office in Egypt

Feb 22, 2023 |

AlGhazzawi & Partners has expanded its presence with the opening of its newest location in Cairo, Egypt. The opening was completed officially on January 5th, 2023, in the presence of His Excellency Mr. Bandar Al-Amri, Chairman of the Saudi-Egyptian Business Council, and a group of Saudi and Egyptian businessmen.

Provisions for LLCs Under New Saudi Arabian Companies Law

Feb 13, 2023 |

The new Companies Law of 1443 H. (Law) in Saudi Arabia became effective last month and companies will be required to change their constitutional documents (Articles of Association, Articles of Incorporation).

Provisions and Changes for Businesses Under New Saudi Arabia Companies Law

Feb 13, 2023 |

The new Companies Law of 1443 H. (Law) in Saudi Arabia became effective last month and companies will be required to change their constitutional documents (Articles of Association, Articles of Incorporation).

Comparison of Important Provisions Under the Two Procedural Laws in Saudi Arabia

Jan 18, 2023 |

Procedural Laws play a vital role in the judiciary and administration of justice. Good knowledge and insight into procedural laws are essential to take the right steps and decisions for raising lawsuits and following them throughout the trial. […]

Regulatory Frameworks of Companies Under Saudi Companies Law

Oct 20, 2022 |

Early 2023 will bring about new changes in The Kingdom’s corporate landscape as the New Companies Law, approved by the Saudi Cabinet of Ministers, comes into effect in January. The new Saudi Company Law 1443 H. / 2022, Issued under M/133 dated 1/12/1443 H., is a comprehensive law that regulates all aspects of formation, management, operation, and liquidation of companies of different types. […]

New Mandatory Surveillance Camera System Law in Saudi Arabia

Oct 12, 2022 |

A new law governing the use of surveillance cameras in the Kingdom has been approved by the Council of Ministers, headed by King Salman. Pursuant to Royal Decree No: 164 dated 01/03/1444 H., Saudi Arabia has mandated the installation, operation, and maintenance of surveillance camera systems for a wide range of public and private entities. […]

Major Provisions and Changes in Saudi Arabia’s Law of Evidence

Sep 26, 2022 |

Continuing with reforms in judiciary and in line with Vision # 2030, Saudi Arabia promulgated the Law of Evidences on 2 January, 2022 which was published in the official gazette on 7 January, 2022. The Law has become effective on 7 July, 2022. In essence, the Law of Evidences (Law) is a comprehensive law codifying […]

Saudi Arabia – Rules for Setting Up of Foreign Law Firms (Draft for Public Consultation)

Sep 12, 2022 |

Following the issuance of the Council of Ministers’ Decree which allows the foreign law firm to set up offices in Saudi Arabia (with certain conditions and requirements), the Ministry of Justice of Saudi Arabia has just released the draft of the ‘Rules for Setting up of Foreign Law Firms’ for public consultation. Comments were able […]

Penalties for HR-Related Violations by Establishments (Ministerial Decree No:92768 dated 5/5/1443 H.)

Aug 30, 2022 |

The Minister of Human Resources and Social Development has issued a Ministerial Decree approving the Schedule of Penalties against Violations by Companies and Establishments covering various aspects of operations falling under the relevant Labor Regulations. The Schedule became operational from the date of its publication in the official gazette Ummul Qura under No: 4913 dated […]

Saudi Arabia – Judicial Costs Regulations

Aug 24, 2022 |

On 31 August, 2021 (23/1/1442 H.), the Saudi Council of Ministers approved the Judicial Costs Law (the “Law”).  The Law has been published in the official gazette on 17 September, (12/02/1443 H) which came into force in March 2022. The Executive Rules or the Rules of Implementation of the Law (the “Executive Rules”) have been […]

Introducing Private Sector Participation Law in Saudi Arabia

Apr 11, 2022 |

Photograph: Ahmed Yosri/Reuters While Public Private Partnerships (PPP’s) have been in existence in the Saudi Arabian business landscape for many years, there have not been any laws governing them – until now. An exciting new development, Saudi Arabia has recently introduced the Private Sector Participation Law (PSP Law) which will play a critical role in […]

AlGhazzawi Professional Association is now AlGhazzawi & Partners

Feb 19, 2022 |

We are excited to announce that our firm name is changing from AlGhazzawi Professional Association to AlGhazzawi & Partners. Please see the full announcement enclosed.

AlGhazzawi & Partners Enters into Cooperation Agreement with Gowling WLG

Aug 8, 2021 |

We are pleased to announce that AlGhazzawi & Partners and the international law firm of Gowling WLG (UK) LLP have entered into a cooperation agreement. This agreement will enable our firm to seamlessly serve our multi-national clients and assist our domestic clients looking to expand internationally in all major global jurisdictions. Gowling WLG will in […]

Effects of Business Activities on the Registration of Legal Entities in Saudi Arabia

Dec 14, 2013 |

Download our report on the Effects of Business Activities on the Registration of Legal Entities in Saudi Arabia.

An extract from The European and Middle Eastern Arbitration Review 2011

Nov 14, 2011 |

Download our chapter on Saudi Arabia.

EMEAR 2010 report – Saudi Arabia

Dec 14, 2010 |

A Global Arbitration Review special report www.GlobalArbitrationReview.com

Guide to dispute resolution in the Middle East

Sep 30, 2010 |

The guide is intended to provide a concise, accessible overview of the practical issued involving dispute resolution across the region.

Investing in Saudi Arabia, January 2010

Jun 14, 2010 |

A summary of Saudi Arabia’s key business sectors and why it is the preferred investment destination.

Legal considerations for new investors in Saudi Arabia, February 2010

Feb 1, 2010 |

An introduction to Saudi Arabia’s rapidly evolving legal and regulatory environment.

Saudi Arabia Investment Guide 2010

Jan 31, 2010 |

The first edition of our guide to investing in the Kingdom of Saudi Arabia. The guide gives a useful introduction to Saudi Arabia’s rapidly evolving legal and regulatory environment.

Dispute avoidance newsletter June 2009

Jun 1, 2009 |

Saudi Arabia is a key trade and investment partner for Japan. The combination of Saudi Arabia’s enormous wealth and King Abdullah bin Abdul Aziz Al Saud’s commitment to a far-reaching programme of investment throughout the country means that Saudi Arabia offers excellent opportunities for overseas companies seeking to invest in the Middle East.

Offices Across The Region

Dammam Office

AlGhazzawi Business Tower, 8th Floor
Prince Muhammad Street
P.O. Box 381, Dammam 31411
T: +966 13 8331611
F: +966 13 8331981
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Jeddah Office

Jeddah Commercial Centre, 3rd Floor
Al Maady Street, Corniche Al Hamra
P.O. Box 7346, Jeddah 21462
T: +966 12 6531576
F: +966 12 6532612
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Riyadh Office

King Faisal Foundation, North Tower, 4th Floor
King Fahd Road
P.O. Box 9029, Riyadh 11413
T: +966 11 4632374
F: +966 11 4627566
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Cairo Office

Nile City Tower, North Tower, 23rd Floor
2005 Corniche El Nil, Ramlet Beaulac
Cairo, Egypt 11221
T: +202 2461 9647
F: +202 2461 9647

View Map

Subscribe and Stay Updated on the Kingdom's Laws and Regulations

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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