is charged with establishing companies under the Companies Law and under the Investment Law, obtaining approvals, licenses and commercial registrations. The Department also undertakes the necessary legal requirements for the company’s Board meetings and General Assembly. Concerning mergers and acquisitions, the Corporate Department investigates the status of companies, the Due Diligence, in two parts: The financial part in order to determine the financial value of the company and the Legal part concerning the legality of the transaction. Recently the Companies Department undertook this task regarding Juhaina Company for food and beverage and the company of Body shapers Gym.
Concerning Governmental Auctions and Tenders, the Law Office represents clients in the required procedures for bids and tenders, dates for submission, providing financial reports, studying the bids technically and financially and the extent of compliance with the stated terms.