Investing in the Kingdom’s Vision 2030

The Kingdom of Saudi Arabia, in light of Vision 2030, is living in a golden age that provides unprecedented investment opportunities, and the Ministry of Investment seeks to enable investors to access them, as the Ministry, through its headquarters and centers distributed throughout the Kingdom, is keen to provide the greatest possible facilities and flexibility in licensing procedures and serving investors, by providing representatives from the relevant government agencies to clear the required procedures, in addition to providing support to investors during all stages of their work. From inception to business.

Investor Journey

Each activity has its own journey, and to facilitate the start of the investment activity, the Kingdom was keen to help investors and took them step by step to start the commercial activity. She provided them with guidance and guidance on how to start a business in terms of the laws and licenses that must be obtained. To find out what steps are designed to meet all the basic needs towards your investment license and related operating licenses, you can get a free consultation by contacting us.

Incentives and Guarantees for Foreign Investment in Saudi Arabia:

1. A foreign investor in the Kingdom of Saudi Arabia enjoys the incentives stipulated in Article 18 of the Unified Industrial Regulation Law for the GCC States, which include the allocation of a suitable plot of land, the rental of industrial buildings necessary for the industrial project on incentive terms in the industrial zones established by the government, and the provision of electricity, water, fuel, energy, and other facilities necessary for the project at incentive prices.
2. The foreign investor in the Kingdom of Saudi Arabia has the right to own the property necessary to practice the licensed activity, in addition to the investor’s ownership of the property necessary to live in it and the housing of the employees in accordance with Article 1 of the Law on Foreigners’ Ownership and Investment in Real Estate, provided that this is approved by the Saudi Ministry of Investment.
3. The foreign investor enjoys the benefits resulting from the double taxation avoidance agreements and investment promotion and protection agreements that the Kingdom concludes with his country.
4. The sponsorship of the foreign investor and his non-Saudi employees shall be on the licensed establishment.
5. Benefit from the free transfer of shares between partners and others after the approval of the Saudi Ministry of Investment.
6. A foreign investor can benefit from the loans of the Saudi Industrial Development Fund in accordance with Articles II and IV of the Saudi Industrial Development Fund Law, where the Fund finances 50% of the total financing required for the project or its development.
7. The foreign investor shall benefit from the tax incentives stipulated in the Cabinet Resolution No. (359) dated 26/11/1429 H., where the decision includes the conditions for benefiting from tax incentives. If you are interested in getting more details, we have our team that specializes in all procedures to ensure compliance with local legislation and facilitate the process safely. For a free consultation on the company incorporation procedure, you can contact us, we provide you with a team of consultants and specialized experts to help you obtain approvals and complete the formalities on your behalf