In an effort to enhance Saudi Arabia’s business landscape, the Cabinet has approved the Commercial Register Law and the Tradenames Law

The new Investment Law, effective February 6, 2025, marks a significant shift from the old Foreign Investment Law by encompassing both local and foreign investments, including those by government-owned companies.

The transition to remote work models in the post-pandemic era has significantly increased exposure to cybersecurity threats and data privacy breaches, compelling enterprises to adopt measures to mitigate such risks. This report identifies common cyber threats faced by businesses and offers systematic solutions to effectively mitigate these risks.

The recent amendments to Saudi Labor Law enhance flexibility and protection for employers and employees. Key points include revised contract termination rules, stricter housing and transportation requirements, extended maternity leave, and penalties for unlicensed employee lending and discrimination. These changes seek to provide fair treatment and balance workplace interests.

Corporate compliance in Saudi Arabia ensures businesses adhere to legal and regulatory requirements. Under Vision 2030, the Saudi government passed the New Companies Law in January 2023, mandating all companies to amend their Articles of Association (AoA) or Memorandum of Association (MoA) by January 2025

Generally speaking, liquidated damages are a sum of money specified in some contracts that are to be paid by one party to another as a compensation for intangible losses suffered by the latter due to breach of contract by the former.
Since many a times damages are difficult to be estimated or computed, parties agree either for a specific amount or a percentage of the contract value to be payable by the defaulting party.

Generally speaking, liquidated damages are a sum of money specified in some contracts that are to be paid by one party to another as a compensation for intangible losses suffered by the latter due to breach of contract by the former.
Since many a times damages are difficult to be estimated or computed, parties agree either for a specific amount or a percentage of the contract value to be payable by the defaulting party.

The Ministry of Human Resources and Social Development (Ministry) has issued a Ministerial Decision under No: 153307 dated 11/11/1445 H. (20 May 2024) to regulate the provisions of flexible working hours or part time employment for Saudi Nationals provided in the Labor Law.

Saudi Arabian Civil Transactions Law (Law) promulgated under Royal Decree No: D/191 dated 29/11/1444 H. (18 June, 2023) which became effective on 16 December, 2023 has codified the principles and rules of civil transactions, dealings and relations in an exhaustive manner

The Kingdom of Saudi Arabia has witnessed a rapid growth in financial technology, commonly known as FinTech. FinTech has revolutionized the traditional financial sector by leveraging technology to provide innovative financial services.

The Ministry of Justice (Ministry) has just released draft of the proposed Implementing Regulations for Advocacy Law for public consultation (Regulations). The Regulations will replace the existing regulations and will become effective from the date of its publication in the official gazette.

In the era of digital transformation, Saudi Arabia leads with internet coverage over 73% and smartphone penetration exceeding 80%. With concerns arising, the Personal Data Protection Law aims to safeguard privacy rights among technological advancements

One of the challenges that enterprises encounter relates to regulating employment related issues. They relate both to contractual relationship with employees as well as compliance with the relevant laws, regulations and directives.

The Kingdom of Saudi Arabia is actively attracting skilled professionals and foreign investors to fuel its economic and social transformation

This note outlines the key aspects of Saudi Arabia’s Civil Transactions Law, a comprehensive set of regulations governing civil transactions. Scheduled for implementation in December 2023, this law consolidates principles and regulations concerning various civil dealings.

Civil Transactions Law of Saudi Arabia (Law) which has codified the principles and rules covering civil transactions will come into force on 21 December, 2023. This note highlights major provisions related to Profit Sharing Contracts.

The Zakat Income Tax and Customs Authority of Saudi Arabia (ZATCA) has issued a draft of the proposed Income Tax Law (Proposed Law) for public consultations on 25 October 2023.

Revolutionizing Saudi Arabia’s Real Estate Market with “Real Estate Market” Platform: A Comprehensive Overview of the Game-Changing Real Estate Landscape

Civil Transactions Law of Saudi Arabia (Law) which has codified the principles and rules covering civil transactions will come into force on 21 December, 2023. This note highlights major provisions related to Profit Sharing Contracts.

Civil Transactions Law of Saudi Arabia (Law) which has codified the principles and rules covering civil transactions will come into force on 21 December, 2023. This note highlights major provisions related to Beneficial Interest Contracts that also include Lease Agreements.

Civil Transactions Law of Saudi Arabia (Law) which has codified the principles and rules covering civil transactions will come into force on 21 December, 2023. This note highlights major provisions related to sales contracts or sale purchase transactions.

The Law reiterates the principle of making good the damages sustained by any party and extends this principle to situations where the parties have not agreed in advance in such regard or do not have any contract as well as incidents and acts of omission that were not anticipated.

The New Civil Transactions Law “Civil Code” reiterates the pillars of contracts, the essential components without which no contract can be considered as legally valid, enforceable and invokable.

Civil Transactions Law promulgated under Royal Decree No: D/191 dated 29/11/1444 H. (18 June, 2023) which will come into effect on 21 December, 2023 can be referred as Civil Code.

This exhibition is an ideal platform to give back to our community as we believe that access to justice is a fundamental right, and we’re here to ensure that this right is upheld.

Rules of Implementation for Objections against Judgments

Contracts are more than just words on paper, discover the art of crafting enforceable contracts with AlGhazzawi & Partners.

One of the first steps that should be determined by investors and entrepreneurs when setting up a business is determining the right form of company from both the business and legal perspectives.

As companies are set up to carry out economic activities, they sometimes need to be closed down or terminated for a variety of reasons. Understanding the requirements, procedures, and processes for the closure of companies is important for several reasons.  Besides the direct interests of partners and shareholders

The powers and authorities of managers of companies assume greater importance and significance for a variety of reasons. As the assets of the company are placed at the disposal of managers, and they receive unhindered access to all information about the company, its short-term and long-term business plans, and financial and investment perspectives, their powers and authorities must be properly regulated.

Corporations have traditionally been dependent on equity, debt, or a combination of the two to raise capital for the financing of projects. Over time, both the equity and debt markets have evolved, and there are now new concepts and products worldwide to be used by businesses.

As announced by Crown Prince Mohammad Bin Salman on 13 April 2023, four special economic zones (SEZs) will be established in Saudi Arabia.

The Not-for-Profit sector in the Kingdom of Saudi Arabia has great economic potential and is poised for rapid growth. In line with Vision 2030, Saudi Arabia set up a National Center for Non-Profit Sector in 2019 with the objective of developing the Non-Profit sector and achieving greater impact in the social and economic arenas through different means.

The real estate and construction sector serves as a backbone for any economy, and hosts of industries depend on it to grow and prosper. Saudi Arabia has always enabled this sector to develop and flourish.

The newly enacted Companies Law of 1443 H. (Law) in Saudi Arabia became effective on 16 January, 2023. The companies are required to change their constitutional documents (Articles of Association or Articles of Incorporation) in order to amend, change and remove the articles

As of 19 January 2023, the new Saudi Arabian Companies Law introduced a new form of company, namely, the Simplified Joint Stock Company (SJSC). SJSCs have been designed to offer small and medium-sized enterprises (SMEs) greater flexibility to conduct their businesses while availing the benefits of a joint stock company form.

As per the Saudi Arabian Labor Law issued under Royal Decree No: M/51_ dated 23/08/1426 H. and amendments, employers are required to have an approved Work Rules Regulations Policy, and failure to comply may lead to penalties. In this downloadable PDF, we will discuss the key aspects of the policy, including the requirement for all entities to issue the policy […]

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. […]

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. […]

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.

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 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.

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).

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).

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. […]

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. […]

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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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

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 […]

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

Download our chapter on Saudi Arabia.

A Global Arbitration Review special report www.GlobalArbitrationReview.com

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

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

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

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.

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.