Saudization challenges and solutions Many companies struggle with Saudization and achieving high compliance in the hi-green and platinum levels. Multinationals and SMEs have different challenges related to Saudization because of Read More
Saudization is an important part of operating in the Kingdom and is applicable to all companies. It is the nationalization scheme the government introduced to increase the participation of Saudi Read More
Saudi Arabia will waive expat fees for those working in industrial companies for a period of five years starting from October 2019. Since 2018, businesses have been required to pay Read More
The Saudi Arabian General Investment Authority (SAGIA) announced that 291 foreign investor licenses were issued in Q2 which is more than double for the same period last year, and the Read More
Compliance is an important part of business in Saudi Arabia; from company set up to payroll to visas. When businesses move or individuals visit the Kingdom, there are legal requirements Read More
SAGIA awarded 6 investment licenses for investments worth over $240 million at the World Energy Congress in Abu Dhabi. The licenses were awarded to international companies in the energy sector, Read More
Saudi Arabia has issued a Royal Order banning foreign consultancies from government contract awards in the Kingdom, with exceptions in special cases or where Saudi Arabian expertise isn’t available. In Read More
Saudia Arabia’s General Entertainment Authority (GEA) has introduced a new online system that processes entertainment license applications. This move is to encourage investment in the Kingdom’s entertainment sector as a Read More
Saudi Arabia’s King Salman issued a royal decree on Friday to create a new ministry for natural resources by splitting the Ministry of Energy, Industry and Mineral Resources into two. Read More
Tax in Saudi Arabia 2019 Corporate tax The tax system in Saudi Arabia is unique and has the benefit of no personal income tax. Companies need to file for tax Read More
