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Family-owned companies form a cornerstone of Saudi Arabia’s economy, representing a substantial portion of the private sector and contributing significantly to the country's overall development. Precise legal planning is deemed very important in the management and evolution of family companies, particularly with respect to matters of governance, succession, structuring, and conflict resolution.

Sadany & Partners Law Firm, located in Riyadh, is one of the promising and leading law firms in Saudi Arabia. It delivers all-inclusive legal services, especially designed for family companies. We are proud to have top-skilled and experienced family business lawyers who assist families in safeguarding their inheritance, reinforcing internal control, and achieving remarkable transformation seamlessly over the years.

If you are seeking reliable legal counsel for a company owned by your family in KSA, Sadany & Partners is your legal and support partner.

The Importance of a Family Business Lawyer in Saudi Arabia

Family companies encounter special problems that need customized legal support, including:

  • Succession Planning: Arranging for future leadership and title transfer between generations.
  • Governance Structuring: Determining clear roles, rights, duties, and obligations to avoid internal disputes.
  • Ownership and Shareholding Agreements: Organizing family ownership in line with business priorities, while maintaining family unity.
  • Conflict Avoidance and Settlement: Resolving disputes early by executing dispute settlement agreements before the disagreement escalates.
  • Compliance and Regulation: Verifying that the company practices its activities in accordance with Saudi laws, including Commercial, Labor, and Tax Laws and Company Governance Regulations.
  • Asset Protection: Establishing an ownership structure to safeguard the family's fortune and property from legal risks.

Hiring a skilled and experienced family company lawyer helps address these problems preemptively, reduces potential risks as much as possible, and ultimately achieves the company's long-term success.

Our Family Business Legal Services

Sadany & Partners provides a complete collection of legal services tailored to fulfill the requirements of family-owned companies, including:

1. Family Governance and Structuring

  • Preparing the family constitution and internal governance policies.
  • Providing legal counsel on the establishment of family councils, boards of directors, and consultative boards.
  • Developing the organizational structure of holding companies, trusts, and enterprises to safeguard the establishment property and organize succession.

2. Succession and Inheritance Planning

  • Developing all-inclusive succession strategies for company leadership and ownership transfer.
  • Preparing wills and legacy structures in line with Saudi Inheritance Laws.
  • Helping clients in the transition of ownership interests between generations.

3. Shareholders and Ownership Agreements

  • Preparing and discussing the shareholder agreements between family members.
  • Taking shareholding arrangements to control voting rights, profit distribution, and share transfer limitations.
  • Drafting sale and purchase contracts to manage the entry and exit of new family members.

4. Dispute Prevention and Resolution

  • Providing legal advice on methods of conflict settlement, including conciliation and arbitration.
  • Resolving internal disagreements between family members sensitively and secretly.
  • Advocating for clients before the courts, unless the conflict is settled amicably.

5. Corporate and Regulatory Compliance

  • Ensuring adherence to the requirements of the Saudi Corporate Law, Labor Law, and Tax Law.
  • Providing legal support on restructuring, mergers, acquisitions, and regulatory approvals.

We have a bilingual legal team (Arabic and English) that can communicate bilingually and fluently with local family companies and international family-owned businesses operating in KSA.

Who We Serve

We help an extensive collection of clients, including:

  • Small and medium-sized family enterprises (SMEs).
  • Extensive family companies spanning multiple generations.
  • Family-owned investment companies and holding groups.
  • Startups and family projects.
  • Family companies in different industries, such as real estate, retail, construction, manufacturing, healthcare, technology, etc.

Regardless of the type or sector of the family-owned company, we provide legal support purpose-built to fulfill the requirements of each family company.

Why Clients Trust Sadany & Partners for Family Business Services

Clients throughout the Kingdom rely on Sadany & Partners because we have:

  • Vast Family Company Expertise: Deep knowledge of the legal, commercial, and passionate aspects of the family company.
  • Strategic Planning Experience: Creating structures that ensure constant and permanent operations while maintaining good relationships between family members.
  • Robust Conflict Settlement Skills: Averting disagreements preemptively and resolving disputes amicably and precisely.
  • All-Inclusive Legal Support: Delivering comprehensive services from company governance to litigation support.
  • Client Interest-Focused Services: Creating continuous relationships that are built on reliability, secrecy, and in-depth grasp of the objectives of each family.

Our objective is to safeguard the company and family alike.

How We Approach Family Business Matters

At Sadany & Partners, we follow a fixed and organized approach as follows:

  1. Learning about Family and Company Objectives: Paying close attention to family relationships and company objectives.
  2. Strategic Structuring: Developing governance, ownership, and succession strategies in line with family values and company requirements.
  3. Risk Determination and Management: Identifying and managing legal risks preemptively, before they aggravate.
  4. Continuous Consulting Services: Providing constant legal support throughout the stages of the family company's growth over time.

We believe that a family company can achieve great success and maintain good relationships among family members across generations through comprehensive planning.

Contact a Leading Family Business Lawyer in Saudi Arabia Today

If you are looking for reinforcing, safeguarding, and evolving your family company in KSA, Sadany & Partners Law Firm is your reliable partner that will provide you with strategic and hands-on legal support.

Get in touch with us now to book a consultation meeting with our professional family business lawyer.

  • Phone: +966 11 512 8065
  • Email: info@sadanypartners.com
  • Address: 4th Floor, Office 403, Building no. 7459, Al-Olaya Street, Al-Murooj District, Riyadh, Saudi Arabia
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