The current weakness of the pound presents an excellent opportunity for investors from Saudi Arabia looking to do business in the UK.
A Notary can provide valuable assistance to corporations by legalising documents (also called apostille) to ensure that all official documents are verified. UK Notary in London Matthew Pryke has worked extensively with Saudi businesses in his position as Head of Commercial and IP Law at Wallace LLP and through his London Notary practice.
He offers the following advice to any potential Saudi investors seeking a Notary in London to provide document legalisation services.
1. Notary publics must follow various procedures depending on which country the documents to be legalised originate. This means that some commercial documents to be used in Saudi Arabia must be obtained through the Arab-British Chamber of Commerce as well as the Foreign and Commonwealth office. This legalisation procedure must be followed by every Notary in London and other UK Notary.
2. Notary in London Matthew Pryke offers a same day service for the majority of Notary deeds. He advises, however, that legalising documents from Saudi Arabia may take up to a week for a Notary to complete.
3. Notarizing documents that only require legalisation by the Consular Office of the Royal Embassy of Saudi Arabia can be completed in one or two days.
4. Notary publics in London can charge a wide range of fees for legalising documents for use in Saudi Arabia. UK Notary in London Matthew Pryke’s fees are £50 per document plus the consular fee. The document to be legalised must first be certified by the UK Foreign and Commonwealth Office where the fee for certification is £69 per document.
5. Two photocopies are required of each document to be legalized and the name and address of the consignee or agent must appear on each document.