Energy and Industry

Saudi Arabia has launched special programs to develop the industry and energy sectors as part of its Vision 2030, which is one of the most important new economic programs aimed at developing national industries, logistics services, and optimizing the use of various energy resources. A key factor in this development is the strategic location of the Kingdom at the crossroads of global trade routes.

It is noteworthy that the industrial and energy programs in Saudi Arabia aim to play a fundamental role in diversifying the national economy, providing thousands of excellent job opportunities in sectors like natural gas, electricity, renewable energy, and nuclear energy. The programs also focus on ensuring the continued demand for hydrocarbons as a major energy source in the coming decades, fostering innovation in the use of petroleum and gas, and creating projects that enhance value-added contributions, strengthening Saudi Arabia’s position in this sector.

Some of the primary objectives that the industrial and energy projects in Saudi Arabia aim to achieve include:

1. Supporting the country with all industries and services related to the energy sector.
2. Providing a variety of job opportunities in different fields.
3. Boosting local production rates and contributing to the economy.
4. Diversifying the economy by reducing dependence on oil and replacing it with clean, renewable energy sources.
5. Attracting global investments to Saudi Arabia.
6. Ensuring the future security of the industrial and energy sectors.
7. Meeting the growing demand for energy resources.

In general, industrial and energy projects attract major global investors and companies as Saudi Arabia strives to achieve the highest levels of optimal energy resource usage in line with Vision 2030.

Our Role in the Industry and Energy Sector:

Our role is to help manage the operations of companies in this sector by providing the best legal solutions that protect your business and projects, ensuring they are managed in accordance with the laws and regulations in Saudi Arabia.

What We Offer in the Industry and Energy Sector:

At Sahl Law Firm, we understand the importance of developing the industrial and energy sector and ensuring its sustainability and security. We recognize that this poses significant challenges for businesses operating in the sector, requiring deep knowledge of policies, laws, and technologies. We are committed to meeting the needs of our clients by providing innovative and leading solutions based on our extensive legal expertise in this field. We assist in completing numerous transactions in this sector, offering valuable expansion opportunities and providing services to both local and international clients.

We provide our clients in the industry and energy sectors with comprehensive legal services that ensure their rights are protected and that they are aware of their obligations. We also address any anti-competitive practices, resolve disputes, and work to prevent any legal gaps that may exist.

Our lawyers also provide valuable advice on the planning, structuring, development, and operation of industrial and energy projects in Saudi Arabia, helping investors, financiers, and operators achieve tremendous investment opportunities. Our team is skilled in negotiations, closing deals, and settling complex legal issues.

Tips for Establishing Companies in the Industry and Energy Sector in Saudi Arabia:

Before deciding to establish a company or project in the industry and energy sector, you need to consider the decision from various aspects:

1. Technical aspects
2. Marketing aspects
3. Financial aspects
4. Administrative aspects
5. Legal aspects

Additionally, the foundations for success and sustainability include building successful relationships with stakeholders and others who may be required in your sector, competing respectfully, finding innovative solutions based on scientific methodology, and learning from the experiences of others in this field.

In terms of the legal aspects of establishing companies in the industry and energy sector, our expert team at Sahl Law Firm offers all the necessary services to begin your business, regardless of its size or type. This includes drafting and reviewing the founding contract, notarizing it, obtaining the work license, issuing the commercial registration, and handling related tax, customs, ministry, and other procedures.

Conditions for Establishing an Industry and Energy Company in Saudi Arabia:

1. A representative of the company must attend the Ministry of Commerce and Investment.
2. A person with a legal power of attorney can attend on behalf of the company owner.
3. Submitting the required documents for company establishment.
4. Obtaining approval from the relevant authorities to establish the company.

The required documents and the establishment fees vary depending on the type of company and its activities. Generally, the concerned authorities require valid personal identification of the owner and partners, along with filling out the company establishment application form.

Other required documents include the company’s founding contract signed by the owner and partners, specifying the nature of the business, its capital, each partner's share, and obligations. Insurance contracts for the company and its employees, and a bank account registered in the company’s name, are also needed.

Why Choose Sahl Law Firm?

Working in the industry and energy sectors requires a deep understanding of legal changes to facilitate the completion of transactions. As such, selecting a law firm with extensive experience in this area is crucial. Here are some of the reasons why our clients choose us:

1. We are a licensed law firm with full authorization to practice.
2. We have extensive and in-depth knowledge of industry and energy laws and procedures in Saudi Arabia.
3. We carefully study all facts, documents, and materials provided by our clients related to their company's legal issues.
4. We represent companies before all government entities in Saudi Arabia.
5. We are skilled in using communication technologies, legal software, and document management applications.
6. We can handle various issues and provide creative solutions promptly.
7. We offer top-notch legal advice for both private and public sector companies in the industry.
8. We operate at both local and international levels, helping clients achieve their goals and protecting their businesses and projects.
9. We believe that the client is a partner in success, and we are committed to acquiring skills that help us meet their requirements.
10. We adhere to the highest standards of integrity and quality in our services and do not engage in any illegal activities.

We work daily with various government entities in Saudi Arabia to provide the best services tailored to our clients' needs by understanding their business activities thoroughly.

With our advantages and experience, Sahl Law Firm guarantees the smooth operation of your business in the industry and energy sectors, allowing you to focus on achieving your goals without facing legal obstacles or challenges.

Supporting Entrepreneurs in the Industry and Energy Sectors in Saudi Arabia:

As an entrepreneur in the industry and energy sectors, you can receive the best support from our firm. We assist you in choosing the right legal solutions for your project, providing legal consultations, and encouraging the creation of new projects and their success while ensuring their continuity.