تركي النايف وشركاؤه — Turki AlNaif & Partners

Sector Expertise

Family Businesses

Family governance, succession, shareholder agreements, dispute resolution and institutionalisation.

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A family business joins ownership and family ties, and its biggest risk is the lack of governance when it passes between generations. We help families build a charter, clear governance and ownership structures that preserve the business and reduce disputes.

Key Legal Matters

Key legal matters in the sector

01

Family charter and governance

Organising decisions, the family council and each member's role in ownership and management.

02

Shareholder agreements

Profit policy, exit, valuation and restrictions on transferring shares.

03

Succession and transfer of ownership

Planning share transfers between generations and the effect of inheritance on the business.

04

Institutionalisation

Moving from family to institutional management and forming a board.

05

Dispute resolution

Resolving partner disputes by negotiation, mediation or arbitration.

FAQ

Frequently asked questions

Is a family charter necessary?

Not mandatory by law, but one of the most important governance tools: it sets the rules before disputes arise and preserves continuity.

How do we stop an outsider becoming a partner?

Provisions in the articles or shareholders' agreement: pre-emption rights, transfer restrictions and a share-valuation mechanism.

What if heirs disagree on running the company?

Negotiation, then mediation or arbitration if a clause exists, then formal procedure — with interim management arrangements to keep the business running.

The information on this page is general and for awareness only; it is not legal advice and does not create an attorney–client relationship. Answers vary with the facts of each case.

Does your business operate in this sector?

Send a short summary of your matter and we will agree scope and deliverables from the start, replying within one business day.

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