Our Commercial Services are designed to support businesses with their day-to-day operations, from drafting commercial agreements to ensuring regulatory compliance. We help clients manage their commercial relationships and obligations, offering practical legal advice that reduces risk and enhances operational efficiency.
Commercial Agreements
Case Study:
We drafted a comprehensive distribution agreement for a Saudi-based manufacturer partnering with a North American automobile company. The agreement outlined terms for product distribution, payment schedules, and intellectual property rights, ensuring compliance with both Saudi commercial law and North American regulations.
Challenges:
The client needed a distribution agreement that protected their intellectual property and minimized risks related to cross-border logistics. The agreement also needed to comply with regulatory requirements in both Saudi Arabia and North America.
Solution:
Our team drafted a detailed distribution agreement that clearly defined the roles and responsibilities of both parties. The agreement included protections for intellectual property, established a clear payment structure, and incorporated dispute resolution mechanisms that minimized the risk of future conflicts.
Outcome:
The agreement was successfully executed, allowing the client to expand their product distribution network into North America while protecting their business interests.
Market Insight:
As Saudi businesses expand globally, ensuring that commercial agreements are robust and legally sound is essential. Tasheel Law Firm provides tailored legal solutions that protect clients’ commercial relationships and minimize the risk of disputes.
Regulatory Compliance
Case Study:
We assisted an Indian pharmaceutical company in establishing a compliance framework for its operations in Saudi Arabia. The client aimed to expand within the Kingdom’s healthcare sector, which is a key area of growth under Vision 2030, Saudi Arabia’s initiative to develop advanced healthcare services.
Challenges:
Operating in a highly regulated environment, the client needed to comply with Saudi Food and Drug Authority (SFDA) standards for product registration, marketing, and distribution. Ensuring adherence to these regulations while managing operational compliance across various stages required strategic legal guidance.
Solution:
Our team conducted a comprehensive analysis of SFDA and healthcare sector regulations relevant to the client’s products. We then developed a tailored compliance strategy, trained their local team on regulatory management, and provided ongoing support to align with Saudi standards.
Outcome:
The client successfully implemented a robust compliance framework, allowing them to enter the Saudi market seamlessly and align with the Kingdom’s healthcare objectives under Vision 2030.
Market Insight:
With Saudi Arabia’s focus on healthcare innovation and quality under Vision 2030, regulatory compliance has become essential for foreign companies in the sector. Tasheel Law Firm’s expertise in Saudi regulatory compliance enables businesses to operate smoothly and contribute to the Kingdom’s ambitious vision.
Contracts
Case Study:
We supported a Bahraini real estate firm in structuring an asset-for-equity transaction with a prominent Saudi hotel and leisure company. The client’s property asset was strategically exchanged for a substantial equity stake, granting them a significant position within the Saudi enterprise. This partnership aimed to capitalize on the booming hospitality sector under Vision 2030, which promotes Saudi Arabia as a global tourism hub.
Challenges:
This sophisticated transaction required careful valuation of the property, clear terms for share allocation, and shareholder rights that ensured the client’s influence within the Saudi company’s governance. Structuring the deal to meet Saudi corporate and contract law standards was vital to secure the client’s investment.
Solution:
Our legal team provided comprehensive support by drafting contracts that addressed every facet of the asset-for-shares exchange, from asset valuation to shareholder protections. We included robust governance clauses, performance benchmarks, and dispute resolution mechanisms tailored to the client’s long-term goals. Collaboration with stakeholders ensured that the contract terms were clear, fair, and mutually beneficial.
Outcome:
The contract secured the client’s equity stake and influential position within the Saudi hospitality market. This strategic investment allowed the Bahraini firm to leverage the Kingdom’s vibrant tourism industry, aligning with the Vision 2030 objective of transforming Saudi Arabia into a premier tourism destination.
Market Insight:
Saudi Arabia’s expanding tourism sector, driven by Vision 2030, creates unique opportunities for regional investors. Tasheel Law Firm’s expertise in cross-border contracts and complex asset-for-equity transactions ensures that clients secure influential positions in high-growth sectors while protecting their long-term interests.
Distribution Agreements
Case Study:
We represented a Turkish consumer goods company in structuring a comprehensive distribution agreement for their market entry into Saudi Arabia. The client sought to capitalize on the Kingdom’s growing consumer demand under Vision 2030, which emphasizes economic diversification and high-quality goods for consumers. Establishing a secure distribution partnership was critical to their strategic expansion.
Challenges:
The client needed a distribution agreement that ensured compliance with Saudi regulations on product quality, brand protection, and advertising standards. Clear terms for pricing, marketing, and performance benchmarks were essential to preserve brand integrity and mitigate risks in a new market.
Solution:
Our legal team drafted a bespoke distribution agreement, incorporating stringent quality control measures, intellectual property protections, and specific performance obligations. The agreement aligned with Saudi consumer protection laws and provided a robust framework for the client’s distribution strategy in the Kingdom, securing brand reputation and operational standards.
Outcome:
The agreement enabled the client to enter the Saudi market with confidence, establishing a profitable and compliant distribution network that supports the Kingdom’s goals of broadening consumer options under Vision 2030. The structured partnership fostered growth while upholding the client’s high standards in the Saudi market.
Market Insight:
With Saudi Arabia’s consumer market expansion under Vision 2030, distribution agreements are critical for compliant and effective market entry. Tasheel Law Firm’s experience in distribution agreements enables clients to form strong local partnerships that secure growth while aligning with the Kingdom’s vision for a diversified economy.