Saudi Arbitration Law: Arbitration in Saudi Arabia has gained significant traction as a preferred method of resolving commercial disputes. With the modernization of its legal framework, the Kingdom has successfully aligned its arbitration system with international standards while maintaining consistency with Sharia principles. Today, Saudi arbitration serves as a reliable, enforceable, and business-friendly alternative to traditional litigation. Understanding Saudi Arbitration Saudi arbitration refers to a private dispute resolution mechanism where parties agree to appoint an impartial arbitrator instead of going to court. This method is governed by the Saudi Arbitration Law, issued by Royal Decree No. M/34 dated 24/5/1433H (corresponding to 16 April 2012), and its Implementing Regulations. The law is inspired by the UNCITRAL Model Law, reflecting global best practices. Key Features of the
Month: June 2025
Internal Company Policies and Governance Systems in Saudi Arabia: A Legal and Strategic Necessity In today’s business environment, success is no longer measured solely by profit margins.Rather, it increasingly depends on how effectively a company is governed through well-defined internal policies and structured procedures.Accordingly, the implementation of internal policies and a robust governance framework has become essential to ensure transparency, establish clear responsibilities, and reduce both legal and operational risks. Saudi lawmakers strongly support this concept through national legislation—most notably the New Companies Law (issued under Royal Decree No. M/132 of 1443H)—which emphasizes the need for companies to adopt internal governance frameworks that ensure corporate accountability and safeguard the rights of shareholders.. lawyer 1. What Are Internal Company Policies? Internal company policies are: “A set
Essential Legal Services Businesses: In today’s complex regulatory and economic landscape, businesses of all sizes require tailored legal services to operate efficiently, mitigate risks, and ensure compliance. From startup formation to international expansion, companies rely on law firms to guide them through every stage of growth. This article highlights the most critical legal services companies need and why addressing them proactively strengthens long-term business stability. 1. Business Formation and Entity Structuring Every successful business begins with a solid legal foundation. Business owners must choose the right legal entity—such as a sole proprietorship, limited liability company (LLC), or joint-stock company—to align with operational needs and tax objectives. Law firms assist with: Keywords: business formation services, LLC registration, company structuring, legal entity setup Saudi Arabia 2. Contract