Family Businesses

    Governance, Succession & Wealth

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    Governance, Succession & Wealth

    Family Businesses

    We support family businesses through specialized legal advisory, including governance structuring, managing partner relationships, and succession planning. Our approach ensures business continuity, structured transition, and long-term protection of interests.

    Services

    • Family Business Governance
    • Succession & Estate Planning
    • Shareholding Structuring
    • Family Dispute Resolution

    Frequently Asked Questions

    What is a family charter and why does my family business need one?

    A family charter sets the family's vision, values, governance bodies, dividend policy, employment rules, and conflict-resolution mechanisms. It complements the corporate articles and prevents disputes during generational transitions.

    How is succession planning structured in Saudi family businesses?

    Succession planning combines shareholding restructuring, governance bodies (family council, board), wills and waqf instruments compliant with Sharia inheritance rules, and leadership-development programs for the next generation.

    Are family business shareholders' agreements enforceable in Saudi Arabia?

    Yes. Properly drafted shareholders' agreements covering share transfers, drag/tag rights, board nomination, dividend policy, and dispute resolution are enforceable, provided they comply with the Companies Law and the company's articles.

    How do you resolve disputes between family business partners?

    We first attempt structured mediation through the family council or independent mediators. If unresolved, we use arbitration under the shareholders' agreement or, as a last resort, commercial court litigation, while protecting business continuity.