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Jurisdictions

Saudi Arabia Mainland

Saudi Arabia has emerged as a vibrant destination to do business. The country’s enormous natural resources combined with recent policies aimed at opening up the economy to foreign investment makes it the ideal place for investors looking to do business in the Middle East. KSA possesses approximately 20% of the world’s proven petroleum reserves. The kingdom is one of the largest exporters of petroleum globally and plays a leading role in determining the OPEC’s policies. The Saudi economy has experienced an annual average growth rate of 4% over the past seven years, supported by a pro-business environment that quickly moves the investors to the heart of the Arabic market.

BENEFITS
  • 100% foreign ownership of property and companies in certain industries
  • Lower minimum capital requirements
  • No restriction on repatriation of capital
  • The ability for foreign investors to sponsor foreign employees
  • Tax incentives if the company is registered in certain “economic cities”.

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