Advisory Services Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Advisory Services Agreement

"I need an Advisory Services Agreement for a Saudi-based technology consulting firm providing digital transformation services to a government entity, with specific provisions for data protection and government compliance requirements, starting from March 2025."

Document background
The Advisory Services Agreement is a crucial document used when engaging professional advisors or consultants in Saudi Arabia. It serves as the primary contractual framework for advisory relationships, whether for management consulting, financial advisory, technical consulting, or other professional services. This agreement must comply with Saudi Arabian law, including both civil law requirements and Sharia principles, and typically includes detailed provisions on service scope, deliverables, payment terms, and regulatory compliance. The document is particularly important in the Saudi context due to the specific regulatory requirements for professional services and the need to align with local business practices. It should be used whenever a formal advisory relationship is established, especially for significant or long-term advisory engagements where clear delineation of responsibilities and expectations is essential.
Suggested Sections

1. Parties: Identification of the parties, including full legal names, commercial registration numbers, and authorized representatives

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of the advisory services to be provided

5. Term and Termination: Duration of the agreement and circumstances for termination

6. Fees and Payment Terms: Financial terms, payment schedule, and currency

7. Obligations of the Advisor: Key responsibilities and commitments of the service provider

8. Obligations of the Client: Key responsibilities and commitments of the client

9. Confidentiality: Protection of confidential information and trade secrets

10. Intellectual Property Rights: Ownership and usage rights of intellectual property

11. Representations and Warranties: Standard warranties and representations by both parties

12. Liability and Indemnification: Limitations of liability and indemnification obligations

13. Force Majeure: Provisions for unforeseen circumstances preventing performance

14. Governing Law and Dispute Resolution: Application of Saudi law and dispute resolution mechanisms

15. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment

Optional Sections

1. Compliance with Anti-Corruption Laws: Required when dealing with government entities or international parties

2. Foreign Investment Provisions: Required when the advisor is a foreign entity

3. Zakat and Tax Provisions: Detailed tax arrangements, required for cross-border services

4. Insurance: Insurance requirements, recommended for high-value or high-risk services

5. Non-Competition: Restrictions on competitive activities, useful for specialized services

6. Data Protection: Required when personal data processing is involved

7. Key Personnel: Useful when specific individuals are critical to service delivery

8. Service Levels: Required when specific performance metrics need to be maintained

9. Change Control: Recommended for long-term or complex advisory arrangements

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed description of services, deliverables, and timelines

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, expenses, and payment terms

3. Schedule 3 - Key Personnel: List of key personnel and their roles

4. Schedule 4 - Service Levels: Performance metrics and service level requirements

5. Schedule 5 - Client Policies: Relevant client policies that advisor must comply with

6. Appendix A - Form of Invoice: Template for invoices compliant with Saudi requirements

7. Appendix B - Compliance Certificates: Required regulatory and compliance certificates

8. Appendix C - Required Reports: Templates and requirements for regular reporting

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Management Consulting

Legal Services

Information Technology

Healthcare

Real Estate

Energy

Manufacturing

Education

Telecommunications

Construction

Mining

Agriculture

Transportation

Retail

Professional Services

Government Services

Islamic Finance

Relevant Teams

Legal

Procurement

Finance

Compliance

Risk Management

Operations

Strategy

Commercial

Business Development

Project Management

Investment

Corporate Development

Internal Audit

Human Resources

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Legal Officer

General Counsel

Head of Procurement

Procurement Manager

Legal Director

Contract Manager

Business Development Manager

Project Manager

Management Consultant

Financial Advisor

Technical Consultant

Compliance Officer

Risk Manager

Operations Director

Strategy Director

Commercial Manager

Investment Manager

Department Head

Industries
Commercial Court Law: Royal Decree No. M/32 of 1931 - Governs commercial transactions and business relationships in Saudi Arabia, including contract formation and enforcement
Saudi Labor Law: Royal Decree No. M/51 dated 23/8/1426H - Regulates employment relationships and consulting arrangements, including obligations between parties
Professional Companies Law: Royal Decree No. M/17 dated 13/1/1441H - Regulates professional services companies and their operations in Saudi Arabia
Foreign Investment Law: Royal Decree No. M/1 of 2000 - Regulates foreign investment activities and requirements for foreign entities providing services in Saudi Arabia
Value Added Tax (VAT) Law: Royal Decree No. M/113 dated 2/11/1438H - Establishes VAT obligations for service providers and advisory services
Anti-Commercial Fraud Law: Royal Decree No. M/19 dated 23/4/1429H - Ensures transparency and prevents fraudulent practices in commercial transactions
Anti-Bribery Law: Royal Decree No. M/36 dated 29/12/1412H - Prohibits bribery and corrupt practices in business dealings
Law of Commercial Agencies: Royal Decree No. M/11 dated 20/2/1382H - Relevant if the advisory services involve agency or representation arrangements
Electronic Transactions Law: Royal Decree No. M/18 dated 8/3/1428H - Governs electronic communications and digital signatures in business transactions
Competition Law: Royal Decree No. M/75 dated 29/6/1440H - Ensures fair competition and prevents anti-competitive practices in service provision
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Advisory Services Agreement

A Saudi law-governed agreement establishing terms for professional advisory services, aligned with local regulations and Sharia principles.

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