The Contemporary law company

A corporate lawyer is an individual who specializes in the field of law who works within regulatory frameworks with a specific company. The corporate lawyer works to provide legal advice and assistance to the company in all legal issues related to its activities. This includes establishing companies, employment contracts, intellectual property issues, and dealing with civil and commercial issues.

How can I get a license to operate a business?

To obtain a license to practice a commercial activity in the Kingdom of Saudi Arabia, you must follow the following steps:

Yes, there are certain restrictions and conditions on foreign investment in the Kingdom of Saudi Arabia, but the Saudi government is making great efforts to encourage foreign investment. The following are the most important conditions and restrictions related to foreign investment:

1. Obtaining a license from the Saudi Investment Authority (Ministry of Investment):
The foreign investor must submit a feasibility study, and a clear business plan, and provide detailed information about the company and the people responsible for it.
2. Adherence to permitted activities:
There are activities that foreigners are not allowed to practice in the Kingdom, such as The petroleum sector and natural gas exploration, Some security and military activities, Trade and distribution of cosmetics and jewelry without a local partnership, and Umrah services.
3. Verifying the percentage of foreign ownership:

4. Compliance with labor and employment regulations:

5. Registration with government agencies:

6. Compliance with environmental and regulatory controls:

7. Reviewing available investment incentives:

In the Kingdom of Saudi Arabia, cases of forgery and financial manipulation are considered serious crimes that receive great attention from the judicial and security authorities. Here is how to deal with cases of forgery and financial manipulation in Saudi Arabia:

1. Reporting and investigating the crime:

2. Legal procedures:
After the investigation is completed, the case is referred to the Public Prosecution, which is responsible for submitting an indictment, if the evidence is sufficient to bring charges.

The case is presented to the competent court for consideration, where the evidence, witness testimonies, and interrogation of the accused are reviewed. Penalties depend on the size and impact of the crime.

3. Legal penalties:
Penalties vary according to the type of forgery or financial manipulation and include:
Imprisonment, financial fines, restitution, and defamation.