Alqanoni

Franchise Law

Art. 7
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. The franchisor shall provide the franchisee with a copy of the disclosure document, as prescribed by the Regulations, at least 14 days prior to concluding the franchise agreement or from the date of any payment made by the franchisee in relation to the franchise, whichever occurs first. 2. A disclosure document must be: a) drafted in Arabic; if drafted in another language, a certified Arabic translation must be provided; and b) clear and precise. 3. If the franchisor submits to a prospective franchisee any information relating to the previous or projected financial performance of a franchised business owned by him or by any of his associates, the franchisor shall include such information in the disclosure document, ensuring that the information meets the requirements and provisions prescribed by the Regulations. Chapter 5: Obligations of the Franchisor and Franchisee

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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