Licensing regulation and process for foreign investment
Being licensed to operate in Saudi Arabia as a foreign investor is necessary to obtain any permit to start operations.
Established in 2000, the Saudi Arabian General Investment Authority (SAGIA) is the Kingdom’s investment promotion agency responsible to setup and govern the regulatory framework for international companies willing to entry the Saudi market, offering assistance from the initial planning stage to comprehensive after care services.
The granting of a license to invest in Saudi Arabia is a crucial activity for obtaining all permits before starting a new business. The first step is the selection of the type of investment license for which investor wishes to apply and verify whether there are any specific requirements, such as minimum acceptable capital and any cap to foreign capital. Investors can register and apply through the SAGIA official website, with a simplified process.
Fiscal regime elements relevant for foreign investment
Four main fiscal regime elements are particularly relevant for foreign investment
International trade agreements