Year after year, the Kingdom has seen a rise in the number of investors looking at setting up business in Saudi Arabia. Foreign investors are permitted to own and operate numerous types of companies. It can be either a sole proprietorship or with a Saudi shareholder, but they must first hold an investment license. At SB Lawyers & Consultants, our team of expert business setup lawyers in Saudi Arabia has helped countless clients navigate Saudi company registration and business setup in KSA.

Why Set Up a Business in Saudi Arabia?

Setting up a business in Saudi Arabia provides some fantastic opportunities and benefits. One of the most significant benefits of having business registration in Saudi Arabia is the generous tax allowances. With minimal liability for personal income tax and corporation tax sitting at 20%, foreign investors can operate far more comfortably than in other parts of the world. The Kingdom of Saudi Arabia also has a broad economy as it looks to expand from oil and gas. Because of this expansion, many more diverse industries are growing, making setting up business in Saudi Arabia more attractive.

Company formation in Saudi Arabia is also a great option because the Kingdom is a wonderfully safe environment to live and work in. The Saudi market is expanding rapidly and is eager to position itself as a global hub for new technologies. A business registration lawyer will promptly complete company registration in KSA under foreign ownership or with a Saudi shareholder permitting you to conduct business in this beautiful southwest Asian destination.

Our litigation practice is well organized and equipped by legal professionals who have significant experience and perspectives in managing litigation procedures. Our Lawyers are well experienced in representing the clients in Civil, Commercial, Employment disputes, Criminal cases, and before all kinds and levels of the courts and judicial bodies.

The Courts and authorities we represent our clients before:

• All types and levels of courts.
• Various departments of Board of Grievances.
• Committees for resolution of insurance Disputes & Violations
• Labor courts and offices
• Arbitral tribunals
• All administrative committees of competent jurisdiction
• Coordination and supervision of litigation in jurisdiction out of Saudi Arabia.

We handle all litigation procedures starting from studying and analyzing the case file and documents, preparing legal opinion on the legal position of the client in the case, then evaluating the evidences, legal ground of the case, arrange for witnessed attendance before the courts, prepare and draft submissions if the client is a Plaintiff, and draft statement of defense, arguments and submissions if the client is a Defendant, as we provide optional disputes resolutions alternatives to achieve the clients’ interests by engaging us as reconciliation mediators or arbitrators in various commercial disputes.

Saudi Arabian construction sector is the fastest growing ever for last 10 years, according to vision 2030 substantial development is expected in years to come. SB Lawyers and Consultants has a broad range and great track record of experience in assisting clients from private and public entities in the construction sector. We provide comprehensive legal advice on all matters related to construction and infrastructure, including the following services:

Regulatory compliance: Consultations on all applicable laws and regulations, including those related to construction permits, environmental impact assessments, quality assurance and labor standards.

Contract drafting and reviewing: Drafting, reviewing, negotiating, and amending construction contracts, purchase orders, bidding documents, and negotiation letters, ensuring that clients are aware of and protected from any risks, liabilities, or challenges.

Company registration: Assistance in registering companies in Saudi Arabia in accordance with companies’ law and Ministry of Investment regulations.

Claim settlement: Assistance with the process of resolving disputes between parties involved in a construction project in or out of courts. This can include project owners, contractors, subcontractors, suppliers, and other stakeholders.

We do the claim settlement on following methods;

• Legal consultation on Identifying the claims.
• Negotiation
• Reconciliation
• Meditations
• Litigation
• Arbitration

Our legal maritime services focus on specialized consultancies on matters related to national and international laws and regulations, protecting the rights of maritime industry stakeholders, and resolving complex disputes that may arise from maritime contracts and operations and during the performance.

Our major legal services and expertise in the maritime sector include the followings:

• Providing Legal consultancies on national and international maritime laws and its implementing regulations
• Advising on all types of charterparties, such as: voyage, time, bareboat and hybrid charterparties related to different sectors of maritime industry ranging from offshore services and seaport services to transportation of wet and dry cargoes by different means of sea transportation and vessels.
• Drafting, reviewing and amending all types of maritime contracts including bills of lading, ship management, ship agency, ship operation, bunker supply, sale of ships, ship repair, ship building, ship finance, ship mortgage and containers lease, in addition to the provision of related legal opinions.
• Advising on and handling settlement of maritime claims including laytime and demurrage, cargo claims (damage, loss, shortage of cargo and late delivery) freight, hire, off-hire, marine insurance, and bunker supply.
• Advising on ship Arrest & Release.
• Advising on all types of marine insurance policies including hull and machinery, cargo, protection and indemnity (P&I) cover, freight, demurrage and defense liability (FD&D).
• Advising on Handling ship financing and ship mortgage registration, refund guarantees and ancillary documentation.

Providing legal representation services in arbitration and litigation proceedings in the following maritime matters:

• Disputes arising from Vessel Sharing, Slot Charter and Pooling Agreements
• Bill of lading disputes.
• Charter party disputes include laytime and demurrage, detention, freight, delivery and redelivery, termination, hire and off-hire.
• Passenger and crew claims, personal injury, and industrial disease
• Marine insurance and re-insurance policies disputes.
• Cargo claims (damage, loss, shortage, and late delivery of cargo) pertaining to all types of cargo including those shipped in containers and in bulk.
• Collision and Grounding of ships.
• Pollution disputes and claims.
• Ship management disputes
• Ship agencies disputes.
• Fire and explosion.
• Maritime Fraud Investigation and Litigation
• Salvage, Towage, Wreck Removal and General Average Disputes.
• Protection and indemnity insurance disputes.
• Ship arrest and release procedures and counterclaims.
• Ship building contracts disputes.
• Ship repairs contracts disputes.
• Unsafe Port and Berth Disputes.

At AlSuwaiket & AlBusaiyes Law Firm, we offer a comprehensive range of legal services tailored to meet the unique needs of capital ventures, venture capital, and private equity. Our expertise covers a spectrum of vital services.

Our services are also designed to empower clients’ capital ventures with the legal foundation they need to succeed. We prioritize delivering value, protection, and compliance in every step of your journey.

Company Formation: Advising on the optimal legal structure and assisting in the formation of entities, ensuring a solid foundation for your ventures.

Due Diligence: Conducting legal assessments to identify potential risks, compliance issues, and opportunities for informed decision-making.

Investment Agreements: Drafting and reviewing precise investment agreements, safeguarding your interests in every transaction.

Regulatory Compliance: Ensuring strict adherence to all relevant regulations, including federal and state compliance, for seamless operations.

Dispute Resolution: Navigating complex legal disputes with efficiency and expertise, safeguarding your investments.

Tax Planning: Strategic tax advice to optimize financial outcomes and minimize liabilities.

At AlSuwaiket & AlBusaiyes Law Firm, We pride ourselves with a commitment to excellence and a keen focus on client success, our law firm stands ready to efficiently address your unique legal needs in the FinTech sector.

We understand the complexities and challenges of this field, and our proven expertise is your assurance of exceptional legal support that can drive your business forward with confidence.

Contract Drafting: Professionally draft essential contracts, including user agreements and partnership agreements.

Intellectual Property Protection: Protect your technological assets, patents, trademarks, and copyrights.

Compliance Monitoring: Stay up to date with evolving regulations and adjust compliance strategies accordingly.

Investment and Funding: Facilitate investment rounds, including venture capital and private equity transactions.

Dispute Resolution: Resolve disputes through negotiation, mediation, arbitration, or litigation.

Crowdfunding and Crowdsourcing: Ensure compliance with crowdfunding regulations and investor protection.

Regulatory Compliance: Ensure your FinTech venture complies with Saudi Arabian financial regulations and standards.

Licensing and Registration: Navigate the complex process of obtaining the required licenses and registrations for your FinTech business.

Payment Services: Obtain payment service provider licenses and establish payment processing agreements.

Policies Drafting: Ensure your FinTech policies are protecting the company’s legal interest and with vendors and customers.

At AlSuwaiket & AlBusaiyes Law Firm, we stand as a trusted partner in your journey towards exemplary corporate governance. With a deep understanding of Saudi Arabia’s complex regulatory environment and a track record of success in delivering tailored governance solutions, we are well-positioned to empower your company with the highest standards of governance excellence.

Our team of experienced legal professionals specializes in providing comprehensive corporate governance services and takes a personalized approach to address your specific governance needs.

Entity Legal Structure: Receive expert legal guidance when forming different business entities, including limited liability companies (LLCs), joint-stock companies, and partnerships.

Board Governance: Our advisory services cover board composition, roles, and responsibilities, fostering effective governance practices. We assist in establishing board committees and ensuring compliance with relevant laws and regulations.

M&A Expertise: Our services encompass due diligence, negotiation, contract drafting, and navigating the intricacies of regulatory approvals, all crucial aspects of effective corporate governance.

Risk Management: We assist in identifying, assessing, and managing risks associated with your operations, compliance, and governance practices.

Ethical and Compliance Programs: Develop and implement robust ethics and compliance programs.

Shareholder Rights: Protect and enforce the rights of your shareholders. Our legal services extend to dispute resolution and litigation when necessary, safeguarding shareholder interests.

SB is considered as one of few law firms practicing Labor law irrespective of the location of clients. Human Resources Sector is an important and essential part of any business. As we are a specialized firm handling Labor and employment issues and we believe that employment relation is one of the most important aspects of any business and our lawyers working efficiently to meet our clients’ needs in the sector. We represent both employees and employers. Our attorneys are adept in providing wide spectrum of existing and updated labor regulations in the Kingdom. We have been recognized as one of best lawyers in Eastern region handling Labor law and regulations.

We offer below services:

• Advices related to labor Law
• Litigation
• Alternative dispute resolutions.
• Mediation and Arbitration.
• Assisting companies by providing advises on employment manuals, internal labor regulations and HR policies and other related services.
• We can draft, review and amend proper employment contracts suits the nature of employment and comply with the Saudi Labor and employment Law

Experienced Lawyers in Saudi Arabia in preparing work organization policies for companies according to the Ministry of Human Resources and Social Development.

Our services to family businesses as follow:

• representing them in courts and judicial commissions.
• involve our skilled legal professionals to assist in legal structural activities.
• drafting, amending, or reviewing the articles of associations, resolutions, agreements etc. and internal regulations in light of the prevailing laws and regulations laws in Saudi Arabia.

The firm maintaining a wide relationship with specialist consultants in family companies in case the client required the following specialized services:

• Family Constitutions
• Traditional corporate restructuring
• Limited liability structures tailored to manage business risks
• Family corporate governance systems
• Management and resolution of inter-generational conflicts
• Establishment and management of family offices
• Distribution of inheritance

SB is deemed as a well-known real estate lawyer provides fully effective and proficient legal services with a maximum level of commitment in the real estate sector. We are handling various issues and disputes involved in real estate investment over residential and commercial properties owned by Companies or individuals. Our professional team of consultants have diversity in practicing real estate laws and regulations and earned comprehensive and proactive experience and professionalism in practicing the real estate disputes and mediations. Our clients in the real estate practice includes Landowners, developers, facility providers, stakeholders, funders, and Lessors.

Our expertise and practices include:

• Drafting, reviewing and amending all kinds of lease contracts, deeds or rental agreements in real estate transaction.
• Drafting statement of claims and pleads to the courts or any other judicial bodies.
• Advising and Drafting legal opinions on various types of disputes in the sector.
• Inheritance services.
• Dispute resolutions and mediation in real estate cases.
• Represent clients before all kinds and levels of courts, governmental and judicial bodies

We assist our foreign clients to find out the appropriate lands or properties to establish their factories, warehouses or storage units.

SB operates a specialist Insurance Practice in order to meet all aspects of Middle East’s insurance industry, including major regional and international insurers, brokers, third party administrators and reinsurers.

We also offer advices on all types of insurance protection and claims to corporates in a wider range of industries.

Our Services in the insurance sector including:

• Representation in regular and subrogated claims.
• Advising well known insurance groups on their insurance legal requirements, laws and regulations related to insurance practice and assisting foreign insurance companies for licensing and establishment in the region.
• Negotiation of settlements and representation in arbitration and litigation matters.
• Advising global reinsurers on insurance claims.
• Advising on credit insurance policies.

SB Lawyers & Consultants in the middle east can provide you with an expert legal team to preside over due diligence audits in Saudi Arabia and provide legal assurances and peace of mind. A due dilligence check of the highest order is obligatory when preparing for mergers or acquisitions. A complete financial report on the target company is essential to minimize risk and understand the company’s actual value before any potential acquirement is made.