Shearman And Sterling

Saudi Arabia

Aug 10, 2020

A Brief on the New Saudi Franchise Law

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A BRIEF ON THE NEW SAUDI FRANCHISE LAW 

The new Franchise Law (the “Franchise Law”) of the Kingdom of Saudi Arabia (the “Kingdom”) was promulgated by Royal Decree No. M/22 dated 09/02/1441 Hijri (corresponding to 8 October 2019). The Implementing Regulations of the Franchise Law (the “IRFL”) were approved by Ministerial Resolution No. 00591 dated 18/09/1441H (corresponding to 11 May 2020). This article provides a brief overview of some of the key provisions of the Franchise Law and the IRFL.

Read A Brief on the New Saudi Franchise Law.

Authors and Contributors

Marwan Elaraby

Partner

Capital Markets

+971 4 249 2123

+971 4 249 2123

+971 2 410 8123

+971 2 410 8123

+1 212 848 4947

+1 212 848 4947

Dubai

Dr. Sultan Almasoud*

Partner

Mergers & Acquisitions

+966 11 213 7801

+966 11 213 7801

* Partner, Dr. Sultan Almasoud & Partners in Association with Shearman & Sterling LLP

* Partner, Dr. Sultan Almasoud & Partners in Association with Shearman & Sterling LLP

Riyadh

Mohsin Suleman*

Partner

Mergers & Acquisitions

+ 966 11 213 7806

+ 966 11 213 7806

* Partner in our Saudi Arabia Practice, which we operate in association with Dr. Sultan Almasoud & Partners

* Partner in our Saudi Arabia Practice, which we operate in association with Dr. Sultan Almasoud & Partners

Riyadh

Matthew Powell

Partner

Mergers & Acquisitions

+971 4 249 2125

+971 4 249 2125

+971 2 410 8125

+971 2 410 8125

Dubai

Regional Experience