FAQs
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Certainly yes, and we have clients in most regions of the Kingdom of Saudi Arabia.
No, it is currently not available to foreign individuals except holders of privileged residency or owners of entrepreneurial projects.
No, and there must be a Saudi partner with a share of not less than 25%.
No
Foreign companies have income taxes of 20% of annual net profits, and they have a Ministry of Investment licensing fee of 62,000 riyals annually.
No, only on net profits.
Yes, it is very limited, for example: Security guards, oil exploration
Yes, but ownership is for company purposes only, for example: (The manager’s residence, the workers’ residence, the company’s headquarters, the company’s warehouse, the company’s showroom,) As for real estate development companies, they have the right to own real estate of all kinds and rent them, provided that the cost of any project is not less than 30,000,000 thirty million riyals, land and building
No