Steps to documenting commercial contracts in Saudi Arabia

Notarization of commercial contracts is not only a legal procedure, but also a way to protect the interests of the contracting parties and ensure the implementation of the obligations agreed upon between all parties, thus minimizing the possibility of future legal disputes. There are many steps to notarize commercial contracts in Saudi Arabia, the most important of which are: Preparing and writing the contract: It starts with the preparation and writing of the commercial contract that includes all the details and conditions agreed upon between the parties. The contract must include clear information about the parties, obligations, and conditions. Review the contract legally: It is necessary to have the contract reviewed by a specialized lawyer's office such as Ahmed Al Juhani, a certified lawyer for notarizing contracts. The specialized lawyer also provides legal advice to ensure that the contract is compliant with applicable laws within the Kingdom. Signing the contract: After the contract has been reviewed by the specialized lawyer, the parties must sign the contract. The signing can be done in the presence of witnesses, or in some cases, the contract needs to be legalized by official government authorities. This is one of the most important steps in documenting commercial contracts in Saudi Arabia. Documentation of the contract: It requires registering and documenting the contract with government agencies such as the Ministry of Commerce and Investment. Registering the contract contributes to making it a reliable and legally accepted contract. Save the contract: Copies of the contract must be kept in a safe place, whether in paper or electronic form.