Foreign investors are subject to an annual corporate tax rate of 20% on their net profits, while GCC nationals are required to pay a corporate tax, known as Zakat, amounting to 2.5% of their net profits annually.

Two to three weeks

The majority of activities do not require a Saudi partner.

Documents from the parent company, including the commercial registration, articles of association, and financial statements from the previous year.

Saudi Arabia has four Economic Cities, five Special Economic Zones, and thirty-six Industrial Cities. These areas offer flexible rules and perks to foreign investors based on their business license and activities.

The presence of the assigned general manager is only required after the set-up process is completed. He will need to travel to Saudi Arabia to facilitate the issuance of the Iqama.

You can begin with a virtual address, and once you hire employees, you'll need to acquire a physical one.

Saudization refers to a policy initiative in Saudi Arabia aimed at increasing the employment of Saudi nationals in the workforce, particularly in the private sector. The goal is to reduce reliance on expatriate labor and to boost the participation of Saudi citizens in the job market by implementing quotas and incentives for hiring Saudis

The Headquarters license is provided to Multinational companies that aim to support, manage, and provide strategic direction to its branches, subsidiaries, and affiliates operating in the MENA region. The company shall provide the article of association, The annual audited consolidated financial statements of the last financial year, and at least three commercial registrations in different countries.