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- Does Saudi Arabia have a new commercial distribution & agency agreement law?
- SAUDI ARABIA: Draft new Saudi Commercial Distribution & Agency Agreements Law. – IDI SAUDI ARABIA: Draft new Saudi Commercial Distribution & Agency Agreements Law.
- How long does a commercial distribution agreement last in Saudi Arabia?
- The provisions of the law apply to all commercial distribution and commercial agency agreements performed in Saudi Arabia and entered into or renewed after the entry into force of the law; in relation to existing agreements for an unlimited term, the law will apply after three years following its entry into force.
- Are commercial agency contracts exclusive in Saudi Arabia?
- In Saudi Arabia, the Ministry of Commerce previously automatically considered every commercial agency contract to be an exclusive contract until it finally recognized non-exclusive contractual relationships in the more recent past. Exclusivity is mandatory for certain products in Saudi Arabia.
- What are the rights of commercial agents and distributors in Saudi Arabia?
- Exclusivity Restrictions: In some Arab countries, commercial agents and distributors are granted significant rights and privileges. For example, under Saudi Arabian law, it is difficult for manufacturers to appoint a new commercial agent/distributor upon termination of the contract until all disputes are finally resolved. This can take years.
- Can foreigners act as commercial agents/distributors in Saudi Arabia?
- The Saudi draft law provides that foreigners (from outside the Gulf Cooperation Council) may act as commercial agents/distributors in the Kingdom if they obtain a license from the Ministry of Investment and Commerce. Exclusivity Restrictions: In some Arab countries, commercial agents and distributors are granted significant rights and privileges.
- Does Saudi Arabia have a registration requirement?
- Registration requirement: In Saudi Arabia, there is a registration requirement for commercial agents/distributors with the Ministry of Commerce. According to the draft law, they would also have to register with the Ministry of Investment if they are foreigners. In Egypt, this obligation only exists for commercial agents.
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