Document background
The Due Diligence Engagement Letter is a critical document used when engaging professional services for conducting detailed investigations into business entities, assets, or operations in Saudi Arabia. This document is typically employed during mergers and acquisitions, investments, or significant business transactions where thorough examination of a target entity is required. The letter establishes the professional relationship between the service provider and the client, detailing the scope of due diligence, methodology, timelines, and deliverables while ensuring compliance with Saudi Arabian regulatory requirements, including the Commercial Law, Professional Companies Law, and relevant industry regulations. It serves as the foundational document that governs the due diligence process and protects both parties' interests by clearly defining responsibilities, limitations, and expectations within the Saudi legal framework.
