Saudi Arabia Business: Invest, Operate, and Grow in the Kingdom

Why Saudi Arabia is a Priority Market in 2024–2030

Saudi Arabia has emerged as one of the most compelling business destinations globally, driven by Vision 2030’s unprecedented economic transformation, over USD 3 trillion in announced giga-project spending through 2030, and a regulatory environment that increasingly favors foreign investment. The Kingdom’s non-oil GDP growth rate of 4.5% outpaces the global average of 3.4%, positioning it as the 19th largest economy worldwide with a GDP of $1.316 trillion. For foreign companies considering expansion into the Middle East, Saudi Arabia offers a rare combination: scale, reform momentum, and government backing.

Immediate investor appeal at a glance:

• 0% personal income tax on individuals, making executive relocation attractive

• 20% corporate income tax on the non-Saudi/non-GCC share of profits

• 15% VAT on most goods and services

• 30-year 0% tax incentives for approved Regional Headquarters (RHQ) activities in Riyadh

• Non-oil GDP share exceeding 50% of real GDP as of 2023, demonstrating genuine economic diversification

• 100% foreign ownership permitted in most sectors under MISA reforms and the 2023 Companies Law

Foreign investors entering Saudi Arabia today encounter a business environment that has fundamentally shifted from the restrictive frameworks of previous decades. The saudi government has streamlined licensing, centralized investor support through one stop shop platforms, and created sector-specific pathways that reduce commercial registration timelines from months to weeks.

This article provides a practical roadmap for navigating the Saudi market: identifying the right sectors, understanding the regulatory and tax framework, executing a company setup, and building the local capabilities needed to compete and grow.

Vision 2030 and the Transformation of Saudi Business

Vision 2030, announced in 2016 by Crown Prince Mohammed bin Salman in his capacity as prime minister of economic and social development, represents the central framework reshaping the Kingdom’s business ecosystem. The initiative aims to end the country’s status as heavily dependent on oil revenues and transform Saudi Arabia into a diversified, innovation-driven economy integrated into global markets.

Core Vision 2030 economic targets relevant to investors:

• Increasing foreign direct investment to 5.7% of GDP by 2030

• Raising private sector contribution to 65% of GDP

• Growing non-oil government revenue from 35% to 75% of total revenue

• Achieving 19% of GDP from the digital economy by 2030

Flagship giga-projects opening investment opportunities:

Project	Approximate Budget	Primary Sectors
NEOM	USD 500 billion+	Smart cities, clean energy, tourism, advanced manufacturing
The Line	USD 200 billion+	Urban development, sustainable transport, technology
Qiddiya	USD 8 billion+	Entertainment, sports, gaming, hospitality
Red Sea Global	USD 16 billion+	Luxury tourism, marine protection, hospitality
Diriyah Gate	USD 20 billion+	Heritage tourism, retail, hospitality

Pro-business reforms anchoring Vision 2030:

• New Companies Law (2023): Modernized corporate structures, including single-shareholder companies and streamlined governance

• Civil Transactions Law (effective December 2023): Codified contract principles under Hanbali Sharia, providing greater legal certainty

• Capital market reforms via CMA: Enhanced IPO frameworks protecting minority investors and improving transparency

• Foreign Investment Law updates: Equal treatment provisions and expanded sector access through MISA

The saudi vision extends beyond oil into tourism (targeting 100+ million visitors annually), logistics, mining under the Mining Investment Law, renewable energy, ICT, and advanced manufacturing. The Public Investment Fund, with assets exceeding USD 900 billion, serves as the financial engine driving these transformations and creating substantial investment opportunities for aligned foreign businesses.

Key Business Opportunities in Saudi Arabia’s New Economy

Saudi Arabia in 2024-2030 represents a multi-sector opportunity landscape, not merely an energy play. Tourism and entertainment lead profitability projections at +11% annual growth with a market opportunity size of SAR 400 billion. Logistics follows at +9% growth with SAR 220 billion in opportunities. The Kingdom’s 36 million consumers with high purchasing power create demand across virtually every consumer and B2B category.

Priority opportunity clusters for foreign companies:

• Tourism & Hospitality: Vision 2030 targets 100+ million visitors annually. New tourist visas, Red Sea Global developments, and mega-events (Riyadh Season, Diriyah Season) drive demand for hotels, tour operators, F&B, and experience providers.

• Renewable Energy & Green Hydrogen: NEOM’s hydrogen projects, solar installations, and the broader energy transition create opportunities in project development, equipment supply, engineering services, and grid integration. The saudi economy is actively investing in renewables as part of economic diversification.

• Logistics & Supply Chain: The National Transport and Logistics Strategy, combined with Red Sea and Gulf port expansions, positions Saudi Arabia as a regional hub. PPP opportunities exist in warehousing, last-mile delivery, cold chain, and trade facilitation.

• Construction & Infrastructure: With giga-projects transitioning from planning to execution, demand spans contractors, architects, specialty materials, and construction technology. The 2026 budget emphasizes infrastructure with alternative financing mechanisms.

• ICT & Digital: AI, cloud services, cybersecurity, digital payments, and open banking witness explosive expansion. The Kingdom’s top-tier digital infrastructure serves as foundation for fintech innovation and enterprise digitization.

• Mining & Industrial: Dubbed “the new oil,” mining leverages SAR 5 trillion in latent mineral wealth including gold, phosphate, and copper. The sector achieves +7.5% growth with SAR 350 billion opportunities in exploration, processing, and EV components.

• Healthcare & Life Sciences: Growing at +6% with SAR 180 billion opportunities in specialized hospitals, telemedicine, digital health, vaccine manufacturing, and local pharmaceuticals through PPP structures.

Cross-sector opportunity—Regional Headquarters Program:

The RHQ program mandates that multinationals establish regional headquarters in Riyadh to access government contracts and participate in giga-project supply chains. This creates both a compliance requirement and a competitive advantage for firms positioning themselves close to saudi government decision-makers and national initiatives.

Companies setting up RHQs gain proximity to regulators, access to PIF-managed sovereign supply chains, and eligibility for the 30-year tax holiday on qualifying activities.

Riyadh and Other Regional Business Hubs

Riyadh serves as the political, economic, and commercial center, while other regions offer specialized opportunities aligned with local resources and strategic initiatives.

Riyadh:

• Population approximately 7.7 million (2023), targeted to double by 2030 under “Riyadh Strategy”

• Host of the RHQ Program with most giga-project headquarters

• Seat of government ministries, financial sector leadership, and the customs authority

• Expanding Grade A office supply with integrated business districts

• Primary hub for professional services, technology, and consulting firms

Western Region (Makkah, Jeddah, Madinah):

• Tourism focus driven by Umrah and Hajj pilgrimage

• Jeddah Islamic Port as major logistics gateway

• Hospitality and retail expansion opportunities

• Healthcare services for pilgrims and residents

Eastern Province (Sharqia):

• Core of oil, gas, and petrochemicals operations

• Industrial cities including Jubail and Dammam

• Downstream chemicals, oilfield services, and industrial logistics

• Home to Saudi Aramco and related supply chains

Less-developed regions (Northern, Southern, remote areas):

• Ha’il, Jazan, Najran, Al-Jouf, Al-Baha, Northern Borders

• Tax concessions and financial incentives for investment

• Opportunities in mining, agribusiness, and light manufacturing

• Government programs supporting regional social development

Saudi Arabia’s Human Capital and Workforce Dynamics

Saudi Arabia’s demographic profile creates both a workforce and consumer market: population exceeding 32 million (2023), median age around 29 years, and high urbanization rates. The saudi population is young, increasingly educated, and connected to international standards of consumption and work expectations.

Education and skills development:

• King Abdullah Scholarship Program has sent hundreds of thousands of saudi citizens for international education

• Human Capability Development Program aligns skills training with Vision 2030 sector needs

• Digital skills initiatives target AI, cybersecurity, and cloud computing competencies

• Tatweer programs focus on STEM education and vocational training

Labour market dynamics:

• Overall labour force participation around 61-62%

• Female participation has risen dramatically from under 20% in 2017 to mid-30s% by mid-2020s

• Implications for employers: expanding talent pool, gender-diverse hiring opportunities, evolving workplace norms

• Human resources policies must accommodate new employment opportunities for Saudi women

Saudization (Nitaqat) requirements:

Nitaqat represents the central policy shaping hiring strategies for foreign companies. The system establishes:

• Quota-based nationalization of jobs with sector-specific saudi employees requirements

• Color-coded compliance bands (Platinum, Green, Yellow, Red) based on percentage of saudi nationals employed

• Penalties for non-compliance including visa blocks and operational restrictions

• Incentives for exceeding quotas including faster visa processing

Workforce composition reality:

Both skilled saudi nationals and expatriate workers remain essential to operations. Foreign workers dominate construction, hospitality, and certain technical roles, while Saudization pushes companies toward training and retention of local talent. Competitive employment packages must consider both social insurance contributions and talent development expectations.

Understanding Saudi Business Culture and Etiquette

Cultural fluency matters as much as regulatory knowledge for foreign managers and foreign investors entering the Saudi market. Business relationships in Saudi Arabia develop through personal connections and trust-building that may seem slower than Western transactional approaches but prove more durable.

Core cultural foundations:

• Islamic values: Shape business timing (prayer breaks, Ramadan hours), acceptable products/services, and professional conduct

• Arabic language: While English is common in business, basic Arabic phrases demonstrate respect

• Family and tribal networks: Influence decision-making, partnerships, and market access

• Long-term relationship orientation: Transactions follow relationships, not the reverse

Business etiquette essentials:

• Hierarchical decision-making: Seek engagement with senior executives; lower-level discussions often require upward approval

• Formality in titles: Use proper titles and honorifics, especially in initial meetings

• Respect for elders: Defer to senior executives in meetings and negotiations

• Patience with consensus: Decisions may require multiple internal consultations

Meeting norms:

• Allowance for delays and schedule flexibility

• Extended small talk before business discussion (inquire about health, family, general topics)

• Hospitality traditions including Arabic coffee and dates

• Prayer time breaks (five times daily) and Friday as the day of rest

• Ramadan significantly impacts working hours and energy levels

Gender interactions:

The growing presence of women in senior roles is a notable shift. Foreign executives should follow cues on greetings (some may shake hands, others may not) and maintain professional conduct aligned with local norms while treating all colleagues with equal treatment in business matters.

Building wasta (relationships and influence) remains important, but foreign businesses must ensure all relationship-building stays compliant with anti-corruption laws including the Saudi Anti-Bribery Law, FCPA, and U.K. Bribery Act.

Meeting Structure and Communication Style

Meetings in Saudi Arabia often follow patterns that differ from Western business norms, requiring adjustment and patience from foreign executives.

• Flexible time management: Punctuality is appreciated, but agendas may shift. Meetings can be rescheduled on short notice due to other commitments or priorities.

• Indirect communication: Preference for diplomatic language over direct criticism. Reading between the lines is essential. Confirm agreements in clear written form after verbal consensus.

• Long decision cycles: Expect multiple rounds of discussion. Senior decision-makers may not be present initially but control final approval. Relationship-building meetings precede substantive negotiations.

• Practical meeting flow: A first meeting may consist mostly of introductions and general discussion. A follow-up meeting introduces commercial terms. Subsequent sessions refine details. Patience and persistence yield results.

• Written confirmation: Verbal agreements require written follow-up. Ensure all terms are documented in contracts that address enforcing contracts mechanisms.

Legal and Regulatory Framework for Doing Business

Saudi Arabia’s legal environment is rapidly modernizing, combining Sharia principles with new codified commercial laws that provide greater certainty for foreign businesses. Islamic law remains foundational, but recent codification efforts have clarified commercial rules in ways that align with international standards.

Foreign investment rules:

• MISA (Ministry of Investment Saudi Arabia) administers the Foreign Investment Law and issues business licenses

• Equal treatment of foreign and local investors in most sectors

• 100% foreign ownership permitted in most activities

• Restricted sectors: some activities in Mecca and Medina, certain strategic industries require special approvals or joint ventures

• Negative list of activities reserved for saudi citizens is publicly available

Companies Law (2023):

• Limited Liability Company (LLC): 1-50 shareholders, most common vehicle for foreign companies

• Joint stock companies: For larger enterprises or those planning IPOs

• Single-shareholder company: Now permitted, simplifying wholly-owned subsidiary structures

• Holding company: Available for investment and group structures

• Enhanced governance flexibility and minority investor protections

Contract and civil law:

• Civil Transactions Law (effective December 2023) codifies contract principles under Hanbali Sharia

• Prohibitions on riba (interest) and gharar (excessive uncertainty) affect financing structures

• Joint ventures and complex financial arrangements require careful structuring

• Increased predictability for commercial disputes

Key sector regulators:

Regulator	Jurisdiction
CMA	Listed companies, capital markets
SAIP	Intellectual property rights
Ministry of Human Resources and Social Development	Labour law, Saudization
ZATCA	Tax, Zakat, customs
Saudi Central Bank (SAMA)	Banking, finance, insurance
General Authority for various sectors	Sector-specific licensing

Dispute resolution:

The Saudi Center for Commercial Arbitration provides alternative dispute resolution aligned with international standards. Specialized commercial courts handle business disputes with increasing efficiency. The General Organization for arbitration enforcement ensures award recognition.

Intellectual Property and Compliance Risks

Intellectual property protection and regulatory compliance are critical in technology, pharmaceuticals, entertainment, and branded consumer goods sectors where foreign companies bring significant intangible assets.

• IP framework: The Saudi Authority for Intellectual Property (SAIP) administers trademarks, patents, industrial designs, and copyrights. Saudi Arabia is party to major international IP treaties, providing familiar protection mechanisms for foreign companies.

• Enforcement powers: SAIP investigates infringements, seizes counterfeit goods, and coordinates with customs authority for border measures. Administrative and judicial remedies are available to rights holders.

• Compliance risks: Failure to register IP or meet regulatory requirements results in financial penalties, business interruption, and reputational damage. The local market contains parallel import risks and potential brand misuse that require monitoring.

• Proactive compliance program: Foreign firms should build programs covering IP registration before market entry, anti-corruption policies, data protection (evolving regulations), and sector-specific licensing requirements. This ensures ensuring compliance from day one.

Taxation and Incentives for Investors

Saudi Arabia combines a territorial corporate tax system with targeted incentive schemes, creating an attractive environment compared to many high-tax jurisdictions. Understanding the tax framework from the outset enables proper structuring and investor confidence.

Basic tax framework:

• 20% corporate income tax on the non-Saudi/non-GCC share of profits from a saudi company

• 15% VAT on most goods and services (some exemptions apply)

• Zakat at 2.5% applicable to Saudi/GCC ownership stakes (calculated on Zakat base, not profits)

• No personal income tax, wealth tax, or recurring property tax for individuals

• Net income calculations follow specific ZATCA guidelines

Withholding tax on cross-border payments:

Payment Type	Typical Rate
Dividends	5%
Interest	5%
Royalties	15%
Technical services	5%
Management fees	20%

Correct classification and double tax treaty analysis are essential for minimizing withholding tax exposure.

RHQ tax incentives:

Companies qualifying for the Regional Headquarters program receive:

• 30-year 0% corporate tax on qualifying RHQ activities

• 0% withholding tax on related cross-border payments

• Benefits commence from license date

• Particularly valuable for multinationals serving the MENA region from Riyadh

Regional and sector incentives:

• Reduced tax burdens for investment in less-developed regions (Ha’il, Jazan, Najran, Al-Jouf, Al-Baha, Northern Borders)

• Industrial incentives under NIDLP and local development funds

• Special economic zones offering regulatory advantages and tax incentives

• R&D incentives and grants for technology-focused investments

Comparative advantage:

Compared to EU, U.S., or Indian tax environments, Saudi Arabia offers lower effective rates for qualifying activities, no personal taxation on executives, and substantial incentives for strategic investments. This makes it competitive among emerging economies for regional headquarter locations.

Practical Tax Compliance Considerations

Successful investors plan tax and Zakat obligations from day one to avoid surprises that can disrupt operations and cash flow.

• ZATCA registration: Required for corporate tax and VAT. Registration typically occurs shortly after company registration. VAT registration mandatory above threshold (SAR 375,000 annual revenue).

• Transfer pricing: Related-party transactions must follow arm’s length principles. Required documents include contemporaneous documentation, local file, and master file for qualifying taxpayers. ZATCA has increased enforcement focus.

• Common pitfalls: Misclassification of services versus royalties for withholding tax purposes, overlooking permanent establishment risk from extended activities, late filing penalties (substantial under new enforcement).

• Local tax advisors: Most foreign companies engage local expertise for initial structuring, RHQ qualification analysis, and ongoing compliance. Annual tax filings and Zakat returns require professional preparation.

Step-by-Step: How Foreign Companies Set Up in Saudi Arabia

Setting up a legal entity in Saudi Arabia typically spans several weeks to months depending on structure complexity, document readiness, and banking timelines. This roadmap covers the path from initial interest to operational status.

Three core stages:

1. Obtaining MISA investment license: The entry point for foreign investment. Applications submitted through MISA’s online portal. Straightforward cases often approved within a few working days.

2. Incorporating and obtaining commercial registration: Filing with the Ministry of Commerce for company registration. Requires investment license, corporate documents, and capital deposit confirmation.

3. Post-incorporation registrations: ZATCA registration (tax/Zakat/VAT), Ministry of Human Resources registration, General Organization for Social Insurance enrollment, immigration registrations for sponsoring employees.

Ownership structures:

• 100% foreign ownership: Permitted in most sectors; straightforward for services, technology, manufacturing

• Joint ventures: May be preferred for sectors with local expertise requirements or market access benefits

• Local partner arrangements: Sometimes valuable for government contracts bidding and relationship access

• Branch of foreign company: Available for specific activities; less common due to unlimited liability

Documentation bundle:

• Parent company corporate documents (certificate of incorporation, articles, good standing)

• Board resolution authorizing Saudi investment

• Audited financial statements (typically last 2-3 years)

• Certified translations into Arabic

• Embassy attestations and legalization where required

Timeline realities:

• MISA license: 3-10 business days for straightforward applications

• Company registration: 2-4 weeks after license approval

• Bank account opening: Can take 4-8 weeks; often the longest step

• Capital deposit: Required before completing CR in most cases

• Post-incorporation registrations: 2-4 weeks in parallel

Sequencing matters: bank account opening requires certain approvals, but capital deposit is needed for CR completion. Work with advisors to navigate these interdependencies.

Licensing and Corporate Structures

Choosing the right license type and entity form is critical for tax optimization, compliance, and operational flexibility.

MISA license categories:

• Services license: For professional services, consulting, technology services

• Industrial license: For manufacturing and processing activities

• Trading license: For import/export and distribution (may have capital requirements)

• Regional headquarters license: For multinationals running MENA operations from Riyadh

• Sector-specific subcategories exist for specialized activities

Main entity types:

Structure	Shareholders	Common Use
LLC	1-50	Most foreign subsidiaries
JSC	5+	Large enterprises, IPO track
Branch	N/A	Limited activities, unlimited liability
Single-shareholder company	1	Wholly-owned subsidiaries
Holding company	Varies	Investment and group structures

Capital considerations:

• Minimum capital varies by activity (trading entities may require SAR 30 million for full trading license)

• Services typically have lower or no minimum capital requirements

• Capital must be deposited into a bank account with a Saudi bank

• Proof of deposit required for commercial registration completion

Scenario examples:

• Tech services company: Services license, LLC structure, 100% foreign ownership, minimal capital requirement

• Manufacturer: Industrial license, LLC or JSC, may locate in industrial city for incentives

• Multinational regional HQ: RHQ license, LLC structure, access to government contracts and 30-year tax benefits

Visas, Mobility, and Immigration Pathways

The right visa pathway depends on the investor’s role and intended length of stay in the Kingdom.

• Business Visit Visa: For short-term trips, meetings, and negotiations. Typical validity 30-90 days. Requires invitation from a Saudi entity approved by the Ministry of Foreign Affairs. Multiple entry options available.

• Investor Visa and Premium Residency: For qualified investors and high-net-worth individuals seeking long-term residency. Premium Residency offers indefinite stay without Saudi sponsor, ability to own property in designated areas, and employment flexibility. Investment thresholds apply.

• Temporary Work Visa: Introduced 2023 for short-term assignments up to 90 days. Useful for project-based work or initial setup activities before permanent staffing.

• Standard Work Visa and Iqama: For long-term employment. Employer sponsors through Qiwa platform. Iqama (residency permit) issued after arrival. Renewal managed through employer.

Sequencing note:

A new company must exist and be registered before it can sponsor employees for work visas. Plan setup timeline accordingly if key personnel need to relocate. Interim solutions include business visit visas or secondment arrangements during incorporation.

Challenges and Risk Management in the Saudi Market

Despite strong market opportunities, Saudi Arabia presents distinct cultural, regulatory, and operational challenges requiring proactive management. Success belongs to companies that anticipate obstacles and build mitigation strategies.

Regulatory and bureaucratic complexity:

• Licensing may involve multiple authorities with overlapping requirements

• Document legalization and attestation processes can delay timelines

• Bank account opening and government approvals sometimes experience delays

• Persistence and local follow-up accelerate resolution

Saudization and labour challenges:

• Sector-specific quotas require careful workforce planning

• Finding qualified saudi nationals in niche technical roles can be difficult

• Training investments needed for medium enterprises and larger companies

• Impact on cost structures and operational flexibility

Cultural and social considerations:

• Respect for religious practices (prayer times, Ramadan) affects scheduling

• Gender norms in transition—follow cues from Saudi colleagues

• Marketing and HR policies must align with local sensitivities

• North Africa and broader Arab news coverage influences regional perception

Political, economic, and regional risk:

• Oil prices volatility affects government spending capacity and overall saudi economy

• Regional geopolitical tensions require monitoring

• Mitigation through diversification, insurance, and robust compliance programs

Local content and procurement requirements:

• Saudi Aramco’s IKTVA program requires local value-add in supply chains

• Government contracts increasingly prioritize local content

• Affects pricing models and partner selection for medium enterprises and larger suppliers

The most successful foreign companies treat challenges as execution problems with solutions, not as reasons to avoid the market.

Environmental and Sustainability Considerations

Sustainability sits within Vision 2030 and the Saudi Green Initiative, creating both compliance requirements and commercial opportunities.

• Environmental issues: Water scarcity, energy efficiency, waste management, and carbon intensity are material concerns, especially for industrial projects and major developments.

• Regulatory expectations: Environmental impact assessments (EIAs) required for large projects. Sector-specific environmental standards enforced by relevant ministries. Penalties for non-compliance increasing.

• Opportunity side: Investments in renewable energy, desalination technology, circular economy initiatives, and ESG-compliant finance instruments (green sukuk) align with national sustainability strategies and attract preferential treatment.

• ESG integration: International investors increasingly expect ESG compliance. Saudi Arabia’s sustainability frameworks provide opportunities to demonstrate environmental commitment while accessing new financing mechanisms.

Leveraging Local Expertise and Ecosystem Partners

Navigating Saudi Arabia’s evolving regulatory, cultural, and commercial landscape is significantly easier with appropriate local advisory, market entry, and operational partners.

Types of local partners:

• Corporate law firms: Navigate company law, contracts, and regulatory filings

• Market entry consultancies: Provide business setup support, licensing, and government relations

• Tax advisors: Structure investments, ensure ZATCA compliance, optimize incentives

• Recruitment and Saudization specialists: Meet quota requirements, access talent

• Local distributors or JV partners: Essential in regulated sectors and for government contracts access

Business ecosystem resources:

• Official portals connect investors with opportunities, service providers, and giga-project tenders

• MISA investor services provide guidance and support throughout setup

• Trade missions and chambers of commerce facilitate introductions

Due diligence requirements:

• Verify partner licensing status through official registries

• Check track record through references and market reputation

• Ensure alignment with anti-corruption and compliance standards

• Assess financial stability and operational capacity

Moving from Interest to Action

Saudi Arabia’s transformation under Vision 2030 creates a window of opportunity that rewards prepared investors. The combination of economic stability, reform momentum, massive infrastructure investment, and government commitment to attracting foreign capital positions the Kingdom as a priority market for companies seeking growth beyond Western countries and into emerging economies with global impact.

The path from interest to operation requires careful planning across multiple dimensions: sector selection, legal structure, tax optimization, workforce strategy, and cultural adaptation. But the fundamentals are clear—a market with 36 million consumers, access to broader Middle East and North Africa markets, and a government actively creating conditions for foreign businesses to succeed.

Key takeaways:

• 100% foreign ownership available in most sectors

• RHQ program offers substantial tax incentives for regional operations

• Giga-projects create demand across construction, technology, services, and supply chains

• Saudization requires workforce planning but talent pool is expanding

• Local expertise accelerates setup and ongoing compliance

Next steps for interested investors:

1. Conduct a feasibility study for your specific sector and business model

2. Plan an initial scoping visit to meet potential partners and assess market firsthand

3. Engage qualified local advisors for structuring, licensing, and compliance support

4. Develop a phased market entry plan with realistic timelines and resource requirements

The companies building presence in Saudi Arabia today position themselves to capture growth that will unfold over the coming decade. With the right preparation and local partnerships, foreign investors can build durable businesses in one of the world’s most dynamic emerging markets.