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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 tax-relief scheme for foreign firms establishing a regional headquarters in the kingdom. The scheme exempts foreign firms from corporate...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

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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