The Holding company in the Kingdom of Saudi Arabia

What is a Holding Company ? A holding company is a corporation that owns shares in another company. It is usually between the operating company and the individual shareholder, and it owns the operating company’s voting stock and assets and controls its management and policies. Holding company under  the Saudi company law It can either … Read more

Quick Facts About Franchise Rankings and Reviews

Franchise Rankings and Reviews Perhaps, you have already come across websites that promote franchise rankings and offer franchise reviews when you tried looking for information about franchise opportunities online. While these websites could be helpful, it pays to know how these rankings and reviews for franchise really work as well. You might notice that rankings … Read more

The Joint Stock company in the Kingdom of Saudi Arabia

Joint-Stock company Definition ? A joint-stock company is a form of company that can be incorporated by an association of individuals in a business project with transferable shares of stock of equal value. Types of Joint Stock Company (JSC) Closed Joint Stock Companies – these are JSCs that are not listed in the Saudi Stock … Read more

WIPO Intellectual Property Mediation

WIPO Intellectual Property Mediation is one of the many ways to resolve disputes between contracting parties. Many business entities choose mediation because they find it cheaper and quicker than court litigation in some jurisdictions. It is usually so because it does not follow strict rules of procedure and the processes are customizable, so to speak … Read more

What is a Franchise Disclosure Document (FDD)

One of the legal requirements before a franchisee may engage into a franchise agreement with a prospective franchisee is a Franchise Disclosure Document (FDD). The FDD is an essential document that must indicate pertinent information regarding the franchisor and its business such as its legal history, company structure, financial status and agreements, existing franchisees, and … Read more

Franchise Agreement Termination and Renewal

Franchise Agreement Termination and Renewal A commercial franchise is a contract usually entered into between two contracting parties, the franchisor and franchisee. Just like any other contract, it may be terminated at the end of the contract period, when there is a material breach, of if  the parties decline to renew the franchise.   Franchise … Read more

What is WIPO Expedited Arbitration?

 What is WIPO Expedited Arbitration? The World Intellectual Property Organization is an agency of the United Nations created for the protection of Intellectual Properties in a global scale. It offers dispute resolution services for any contracting parties, and one of such services is the WIPO Expedited Arbitration.   Compared to ordinary WIPO Arbitration, WIPO Expedited … Read more

Overview of Saudia Arabia’s New Franchise Law

Saudi Arabia has recently approved the Commercial new Franchise Law 122/1441 (the New Franchise Law) which went into force on April 22, 2020. Priorly, franchises in the KSA used to be subject to the requirements of the Saudi Commercial Agencies Regulations. The New Franchise Law was enacted in order to align the Saudi franchise protection … Read more

Advantages of Franchising

Advantages of Franchising Since the turn of the century, the commercial franchising industry in Saudi Arabia has seen exponential growth. A large number of franchises of global brands now operate in the entire country.  Below are some of the reasons why people consider opening a business by joining the franchise industry.   The main Advantages … Read more

How to franchise your business in Saudi Arabia

franchise business in Saudi Arabia Franchising is one of the many ways to do business in Saudi Arabia. Through franchising, small investors are able to use the name of global brands of good and services. Upon the other hand, these big companies are able to tap the local market by creating franchise opportunities in Saudi … Read more