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Global Trade Alert

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Saudi Arabia: Government introduces a 30 year tax relief package to attract foreign firms

Description

On 5 December 2023, the Government of Saudi Arabia introduced a foreign direct investment incentive scheme for foreign firms establishing a regional headquarters in the kingdom. The scheme exempts for...

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Intervention Details

Intervention Type

FDI: Financial incentive

MAST Chapter

FDI measures

Implementation date

05 Dec 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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