Saudi Arabia

Basic Facts

Saudi Arabia Overview

| GCC (Gulf Cooperation Council) member country | Saudi riyal (SAR) currency | The world’s largest oil exporter | Competitie tax system | Double taxation agreements with more than 50 countries | Business friendly environment | Advanced infrastructure | Arab and English speaking

Top 3

Reasons For Doing Business In Saudi Arabia

No Personal Income tax

Mix of corporate income tax and zakat regarding Corporate income

Special Economic Zones and Economic cities with tax exemptions and incentives

More advantages

In principle, non-Saudi investors are liable for income tax (20%), Saudi and GCC countries investors are subject to Zakat, an Islamic assessment,
Special Integrated Logistics Zone (ILBZ) in Riyadh is a special economic zone with 0% corporate income tax for ILBZ entities, with exemptions from withholding tax on certain payments to non-residents, for up to 50 years,
Several Economic Cities (ECs) with considerable incentives,
No CFC rules,
No thin capitalisation rules,
No property taxes, except for White Land Tax for unexploited or undeveloped land,
No inheritance tax, no gift tax,
No wealth tax.

Company Formation In Saudi Arabia

Are you interested to start business or export to Saudi Arabia?

Do you need to establish a company in Saudi Arabia? Then to administer it?

Are you looking for a reliable lawyer or accountant in Saudi Arabia?

Do you want to structure your international business in a correct way?

You do not know yet what do you actually need?

We are ready to help you find the right answers and workable solutions.

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