Best New Business Formation Lawyers in Jeddah

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Sahal Law Firm

Sahal Law Firm

15 minutes Free Consultation
Jeddah, Saudi Arabia

Founded in 2015
53 people in their team
English
Arabic
Sahal Law Firm - Riyadh, Saudi ArabiaSahal Law Firm is a premier Saudi law firm in Riyadh providing bilingual (Arabic / English) counsel to local and international clients. we deliver end-to-end solutions in mergers & acquisitions (M&A), SAMA fintech licensing, corporate and commercial law,...
AsrLawGroup LLC  اتحاد العصر للمحاماة والاستشارات
Jeddah, Saudi Arabia

Founded in 2012
25 people in their team
Arabic
English
AsrLawGroup - Saudi Arabia | Full Services Law Firm in Saudi ArabiaStart Confidently. Protect What Matters.A Full-Service Law FirmAt ASRLAWGROUP LLC, we offer a comprehensive suite of legal services covering all areas of law, catering to both individuals and businesses alike. We believe that legal...
Trabulsi & Co.
Jeddah, Saudi Arabia

Founded in 2015
12 people in their team
Arabic
English
Trabulsi & Co. is a KSA (Riyadh-Jeddah) based Law Firm providing high-quality services that rise to international standards while maintaining our national values. Specializing in litigation, corporate advisory, and legal project management we provide services directed to both local and...
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Azzer Law Firm
Jeddah, Saudi Arabia

Founded in 1994
English
Azzer Law Firm is a Saudi Arabian legal practice offering comprehensive legal and judicial services across various domains. The firm specializes in legal consultations, studies, and dispute resolution through negotiation, arbitration, and litigation. With a team of qualified local and international...

Founded in 1994
200 people in their team
Arabic
English
Who We Are?Founded In 1994, Azzam Khouj law firm has become a globally recognized business law firm that includes many outstanding lawyers and professionals.The Firm is located in Saudi Arabia (Jeddah and Riyadh) and is a member of many regional and international associations.The Firm provides its...

Founded in 2015
English
Bin Afif Law Firm, officially known as شركة محمد بن عفيف للمحاماة, is a leading legal practice in Saudi Arabia, recognized as an accredited firm by the Vision 2030 Realization Office. The firm comprises a distinguished team of attorneys and consultants specializing in various...
Abdulaziz Alajlan & Partners
Jeddah, Saudi Arabia

Founded in 1998
50 people in their team
Arabic
English
Abdulaziz Alajlan & Partners is a Saudi Arabian law firm established in July 1998, and is staffed to provide expertise to clients on a wide range of legal matters including:Corporate and commercial advice including mergers and acquisitions, foreign investment, capital markets, competition,...
TOBAN LAW FIRM
Jeddah, Saudi Arabia

Founded in 1979
50 people in their team
Arabic
English
About Us :As business activities surge and take on a variety of forms, dealings become increasingly complex and require more regulating lands. And as such activities develop and become more intricate, an increasing number of restrictions and rules are needed. Therefore, prudence and confidence must...

Founded in 2000
50 people in their team
Arabic
English
About UsMohammed Ibn Badr Al-Sabhan Law and Legal Consultations firm is one of the leading law firms in the Kingdom of Saudi Arabia, its headquarters located in Jeddah. Our office is based on a practical experience and prominent scientific professionalism inthe field of Shariah and Law through...
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About New Business Formation Law in Jeddah, Saudi Arabia

In Jeddah, Saudi Arabia, new business formation is guided by the Companies Law, enacted by Royal Decree M/6, and overseen by the Ministry of Commerce. This law applies to all company types, including limited liability, joint venture, and joint stock companies. In recent years, Saudi Arabia has enacted several initiatives to stimulate the business sector and encourage entrepreneurship, making it easier for both Saudi nationals and foreigners to set up businesses.

Why You May Need a Lawyer

While new business formation processes in Saudi Arabia have been simplified, a level of complexity still remains. There are legal requirements and regulations to adhere to, paperwork to be processed, and licenses to be obtained. Misunderstandings or missteps in these stages can lead to legal challenges and business disruptions. A lawyer can help navigate these intricacies, ensure compliance with all the local laws and regulations, guide you through the required procedures properly, and assist in clarifying your rights and responsibilities as a business owner.

Local Laws Overview

The main statute regulating companies in Saudi Arabia is the Companies Law. It requires that every company has certain business permits and licenses which vary depending on the nature of the business. Each type of company has a required minimum capital and there are regulations on the percentage of shares that can be owned by foreigners. In addition, there are certain trading activities that are restricted to Saudi nationals. Lastly, all companies must be registered with the Saudi Arabian General Investment Authority (SAGIA), the Ministry of Commerce and Industry, and the Chamber of Commerce and Industry in their respective city.

Frequently Asked Questions

1. Can a foreigner start a business in Jeddah, Saudi Arabia?

Yes, foreigners are allowed to start a business in Jeddah, with some restrictions on the type of business and the percentage of ownership depending on specific business categories.

2. What type of business entity is most commonly formed in Jeddah?

The Limited Liability Company (LLC) is the most common form of business entity in Jeddah due to the minimal liability it offers to the company's shareholders.

3. How quickly can I set up my business in Jeddah, Saudi Arabia?

With the right legal advice and prepared documentation, forming a new business entity in Jeddah can take around 2-3 weeks.

4. Are there specific sectors in which businesses can't be formed in Jeddah?

Yes, there are certain sectors that are restricted to Saudi nationals. These include media, recruitment, and distribution services.

5. Do I need local partners to set up a business in Jeddah?

Not necessarily. While some business types and industries do require Saudi partnership, it's not a universal requirement across all sectors.

Additional Resources

The Ministry of Commerce's website provides valuable resources and updated information for new business formations in Saudi Arabia. You can also refer to the Saudi Arabian General Investment Authority (SAGIA) and your city's respective Chamber of Commerce for additional guidance.

Next Steps

If you need legal assistance in New Business Formation in Jeddah, Saudi Arabia, start by identifying a skilled and experienced lawyer in this field. Be prepared to discuss your business plans and expectations. From there, your chosen lawyer can guide you through the process, from securing necessary permits to making sure you're in compliance with all the laws.

Lawzana helps you find the best lawyers and law firms in Jeddah through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including New Business Formation, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Jeddah, Saudi Arabia - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.