Document background
The Bulk Sales Agreement is a crucial commercial document used in Saudi Arabia when parties intend to establish a long-term relationship for the regular purchase and sale of goods in substantial quantities. This agreement type is particularly important in the Saudi market where large-scale trading activities are common and must comply with both modern commercial practices and Islamic law principles. The document typically includes comprehensive terms covering ordering mechanisms, delivery schedules, quality standards, and payment terms, all structured to comply with Saudi Commercial Law and Sharia requirements. It's especially relevant for businesses engaged in wholesale distribution, manufacturing, or large-scale retail operations, providing a framework for ongoing bulk purchase transactions while addressing specific Saudi regulatory requirements such as commercial registration obligations and anti-fraud provisions.
