Expanding or scaling down through mergers and acquisitions is a complex legal process. In the Kingdom of Saudi Arabia, no comprehensive legislation exists regarding mergers and acquisitions. The provisions governing M&A revolve around several other statutes and legal principles.

A significant part of the legislative system follows Islamic law. However, corporate law, including M&A provisions, primarily reflects continental European legal traditions. Sharia does play a role in controlling equity sharing, risk allocation and liability limitations.

Due to the complexity of M&A legislation, have a corporate lawyer by your side as you navigate the process. Lawyers at Hammad & Al-Mehdar correctly file all the appropriate paperwork with the proper authorities.