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Find out moreThis comprehensive guide is designed to help you navigate the intricate landscape of family business and private wealth in the Middle East, where family businesses constitute approximately 60% of GDP and employ 80% of the workforce in the GCC, offering unparalleled opportunities for wealth creation and preservation.
Packed with insights, strategies, and expert advice from our talented lawyers, Legacy provides tailored solutions to the unique challenges of asset protection, succession planning, and dispute resolution in this dynamic region.Read the publication and equip yourself with the knowledge and tools necessary to thrive, whether you’re a seasoned investor, a family business owner, part of the next generation, or a newcomer exploring opportunities in the region.
Read NowNaief Yahia - Partner, Head of Litigation - Dubai - Litigation / Construction and Infrastructure
Christine Maksoud - Senior Associate - Mediation / Private Client Services
Foreign clients often face difficult decisions when deciding to operate their business or sell their products/goods in other territories. It is crucial for clients to have sufficient knowledge of the different options available for selling products, as well as the applicable regulatory requirements, in a new territory. The appointment of a commercial agent is the most common mechanism through which a foreign-based principal enters a new market. Such appointment creates a contractual relationship that often becomes subject to local laws in the respective jurisdiction. Therefore, understanding the extent of the application of the local laws is of paramount importance for foreign-based principals, whether they opt to enter in an agency, distribution or franchise arrangements with a local commercial agent, distributor or a franchisee.
In order to address the most commonly asked local law related queries raised by foreign principals intending to enter the market, we have conducted a Q&A exercise across Al Tamimi & Company offices in the region, namely United Arab Emirates, Bahrain, Iraq, Kuwait, Qatar, Egypt, Oman, and Saudi Arabia (“Territories”). The Q&A serves as a guide for our clients on commercial agency related issues. The guide can be found here which tackles, inter alia, the following issues:
We are confident that this guide is a valuable tool for our clients to evaluate the various options available when entering any of the Territories and the legal considerations associated with these options.
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