The new Franchise Law of the Kingdom of Saudi Arabia was promulgated by Royal Decree M/22 dated 09/02/1441 Hijri (corresponding to 8 October 2019) and will come into effect in April 2020. The Ministry of Commerce and Investment, the ministry in charge of administration and implementation of the Franchise Law, has been tasked with issuing the Implementing Regulations of the Franchise Law by the time the Franchise Law becomes effective.
This article provides a brief overview of some of the key provisions of the Franchise Law.
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