Doing Business in Saudi Arabia Latham （在沙特阿拉伯做生意Latham ）.pdfVIP

Doing Business in Saudi Arabia May 2010 Contents A. IntroductIon1 i Overview of System of Government ii Overview of Sources of Law and Judicial System B. EStABLISHMEnt oF A PrESEncE In tHE KInGdoM oF SAudI ArABIA2 i Foreign Capital Investment ii Incorporating a Local Entity iii Exit from Investment iv Commercial Agency Relationship c. GEnErAL LEGAL conSIdErAtIonS4 i Doing Business with the Public Sector ii Capital Markets Law iii Import and Export Regulations iv Anti Cover-Up Law v Competition Law vi Foreign Exchange Controls and Money Laundering vii Taxation viii Immigration ix Employment Law x Real Property xi Intellectual Property xii Environmental Law xiii Liquidation, Bankruptcy and Bankruptcy Avoidance Laws xiv Dispute Resolution and Enforcement of Foreign Judgments and Arbitral Awards APPEndIcES11 1 Differences between a Joint Stock Company and a Limited Liability Company EndnotES14 Latham Watkins | Doing Business in the Saudi Arabia this guide provides an overview of the legal system in the Kingdom of Saudi Arabia and the principal legal factors to be considered when doing business in the Kingdom of Saudi Arabia. Please note that this overview is for general guidance only and is not intended to be an exhaustive review of the laws of the Kingdom of Saudi Arabia. This guide does not contain definitive legal advice and specific legal advice should always be obtained. Latham Watkins LLP and the Law Office of Mohammed A. Al-Sheikh in association with Latham Watkins LLP do not accept any responsibility for any loss, howsoever caused, sustained by any person using this guide. It should also be noted that the Kingdom of Saudi Arabia only permits certified public accountants to render advice on tax and tax-r