Company Formation in Saudi Arabia
Saudi Arabia boasts the largest economy in the Arab world and the Middle East and one of the top twenty economies globally.
Traditionally, the country has relied heavily on its oil reserves to sustain its economy. However, as a result of the government’s Saudi Vision 2030, there has been a drive to diversify its economy and grow its private sector.
As a result, the country is now courting foreign investment and is introducing significant incentives and opportunities to investors in order to achieve this. Some of these include tax incentives, government subsidies in a variety of sectors, relaxed saudisation requirements and discounts of government fees.
Companies in the Kingdom can now be 100% foreign owned in the mainland with licenses being issued by the Saudi Arabian General Investment Authority (SAGIA).
Global Link has close ties with Saudi Arabia and in-depth knowledge of business practices and company incorporation requirements.
We can advise you on how to set up your business in the kingdom and ensure that you are fully compliant with all legal and regulatory requirements.