Saudi Arabia has placed great emphasis on diversifying its economy and reducing its reliance on oil. As such, the investment and corporate sector is a key pillar in achieving Vision 2030, which aims to enhance the Kingdom’s attractiveness to both domestic and foreign investors by improving the business environment and developing commercial laws. Saudi Arabia is the largest destination for foreign investment in the region and has witnessed numerous legal developments to support this vision, such as the Foreign Investment Law, which grants foreign investors greater freedom across various sectors; the new Companies Law, which simplifies company formation and strengthens governance; the Bankruptcy Law, which promotes a flexible business environment; and the Competition Law, which curbs monopolistic practices and fosters a fair competitive landscape.

At Al-Duaiji, Al-Buwardi & Partners, we strive to achieve our clients’ commercial and investment goals by providing consultancy on company formation to ensure effective governance, drafting commercial contracts, resolving disputes through legal channels or court representation, and offering legal advisory services for foreign investors on licensing procedures and regulatory compliance, covering all related areas.

These services aim to create a secure and stable legal environment for businesses, contributing to the Kingdom’s economic goals as outlined in Vision 2030.