Doing Business In Saudi Arabia - Bna

More documents

Recommendations

Info

Saudis view a foreign firm's physical presence in the Kingdom as a tangible sign of a long-term commitment. Prompt delivery of goods from available stock and the presence of qualified support technicians have become more important, and they influence repeat business much more now than ten or even five years ago. Government agencies usually require equipment suppliers to commit to providing maintenance and spare parts for an average period of three years. Protecting Your Intellectual Property Return to top Saudi Arabia became the 149 th member of the WTO on December 11, 2005. As part of its accession, the Kingdom committed to fully implement the TRIPS Agreement without any transition period. The Saudi legal system protects and facilitates acquisition and disposition of all property rights, including intellectual property. The Saudi Government has acceded to the Universal Copyright Convention; implementation began in 1994. The Saudi Copyright Law was amended in August 2003 to improve protection and to provide for serious deterrent penalties for violators. The government also endorsed the country’s joining the “Paris Convention for Protection of Industrial Property” and the “Berne Convention for the Protection of Literary and Artistic Works”. Moreover, the highest religious authority in Saudi Arabia has condemned software piracy in a “Fatwa”, a religious edict. Though intellectual property protection has steadily increased in the Kingdom, piracy remains a problem. U.S. firms that wish to sell products in Saudi Arabia should work through their local representative to register their trademarks with the Ministry of Commerce & Industry, copyrighted products with the Ministry of Information, and patents with KACST or the GCC Patent Office. Although these government entities are responsible for IPR protection in their respective areas, any reported incident of piracy or infringement may not entail immediate and decisive action by the concerned government entity. Patent and Trademarks protection and enforcement remain cumbersome and inconsistent. Both the Additional information on Saudi Arabia’s protection of property rights, trademarks, and patents is addressed in more detail in Chapter 6 (Investment Climate). Due Diligence Return to top In 2001, the Commercial Service in Saudi Arabia reinstated the International Company Profile (ICP) reports. The report will provide detailed information on a specific Saudi company and comments based on information from the U.S. Embassy Commercial Section. Local Professional Services Return to top 5/13/2008
There are many firms throughout Saudi Arabia offering professional services to foreign and domestic firms alike. The following websites provide access to various business support networks, including lawyers, translators, and a representative group of other service providers that offer their professional services to U.S. exporters and investors interested in Saudi Arabia. Business Service Providers Translators - Dhahran, Saudi Arabia Translators - Riyadh, Saudi Arabia Lawyers - Jeddah, Saudi Arabia Lawyers - Riyadh, Saudi Arabia Tax Assistance - Jeddah, Saudi Arabia Hospitals - Riyadh, Saudi Arabia Translators - Jeddah, Saudi Arabia Tax Assistance - Riyadh, Saudi Arabia Physicians List - Jeddah, Saudi Arabia Web Resources Return to top Gulf Cooperation Council International Partner Search Gold Key Service Saudi Arabian General Investment Authority Saudi Arabian Standards Organization Saudi Industrial Development Fund Saline Water Conversation Corporation Water and Electricity Company Saudi Telecommunications Company Foreign Credit Insurance Association Communications and Information Technology Commission Saudi Aramco Middle East Broadcasting Corporation Arab Radio & Television LBC Future Television Dubai TV New TV Channel 2 Arabiya Al-Jazira www.arabnews.com www.saudigazette.com.sa www.asharqalawsat.com www.alhayat.com www.alriyadh-np.com www.al-jazirah.com www.aleqtisadiah.com www.okaz.com.sa www.almadinapress.com www.alwatan.com.sa www.recexpo.com www.acexpos.com www.dhahran-expo.com Trade Events Calendar CS Saudi Arabia International Buyer Program Saudi Arabian Monetary Agency KACST GCC Patent Office Commercial Service in Saudi Arabia International Company Profile Business Service Providers Translators - Dhahran, Saudi Arabia Translators - Riyadh, Saudi Arabia Lawyers - Jeddah, Saudi Arabia Lawyers - Riyadh, Saudi Arabia Tax Assistance - Jeddah, Saudi Arabia Hospitals - Riyadh, Saudi Arabia Translators - Jeddah, Saudi Arabia Tax Assistance - Riyadh, Saudi Arabia Physicians List - Jeddah, Saudi Arabia Return to table of contents 5/13/2008
Page 1 and 2: Doing Business In Saudi Arabia: A C
Page 3 and 4: 5/13/2008 Commercial Disputes Settl
Page 5 and 6: 5/13/2008 Deregulation and privatiz
Page 7 and 8: Chapter 2: Political and Economic E
Page 9 and 10: Another service is the Gold Key Ser
Page 11 and 12: growing competition from local and
Page 13 and 14: contractors must subcontract 30 per
Page 15 and 16: companies to provide financial serv
Page 17 and 18: Saudis are gracious hosts and will
Page 19: Shows. CS Saudi Arabia office is al
Page 23 and 24: Oil & Gas Field Machinery (OGM) Ove
Page 25 and 26: U.S. Department of Energy Energy In
Page 27 and 28: a commercial registration. Addition
Page 29 and 30: Information Technology Equipment &
Page 31 and 32: Electrical Power Systems (ELP) Over
Page 33 and 34: Rabigh: In August 2005, a Japanese
Page 35 and 36: of the Kingdom of Saudi Arabia. Nat
Page 37 and 38: Medical Equipment (MED) Overview Re
Page 39 and 40: Telecommunication Services (TES) Ov
Page 41 and 42: Automotive Parts & Service Equipmen
Page 43 and 44: which many necessary requirements a
Page 45 and 46: Opportunities Return to top In the
Page 47 and 48: Agricultural Sector Saudi Arabia is
Page 49 and 50: Best Prospects for Agricultural Goo
Page 51 and 52: RICE (0422110) Overview The United
Page 53 and 54: SNACK FOODS (EXCLUDING NUTS) Overvi
Page 55 and 56: share. The foreign equity limitatio
Page 57 and 58: Import Requirements and Documentati
Page 59 and 60: established SASO standards are eith
Page 61 and 62: 5/13/2008 Arabia, and will act as a
Page 63 and 64: 5/13/2008 self-certification to cov
Page 65 and 66: Return to table of contents Chapter
Page 67 and 68: To make it easier for businesspeopl
Page 69 and 70: accordance with the requirements de
Page 71 and 72:
y thoroughly researching the busine
Page 73 and 74:
Under existing procedures, business
Page 75 and 76:
IPO market will likely develop at a
Page 77 and 78:
Since September 1994, the Ministry
Page 79 and 80:
Return to table of contents Chapter
Page 81 and 82:
Foreign-Exchange Controls Return to
Page 83 and 84:
zone, an advanced IT studies instit
Page 85 and 86:
Page 87 and 88:
The letter should name the visa app
Page 89 and 90:
Language Return to top The official
Page 91 and 92:
Travel Advisories and Warnings U.S.
Page 93 and 94:
Saudi Geological Survey Saudi Indus
Page 95:
show all

Doing Business In Saudi Arabia - Bna

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?