Global Trade Alert
Global Trade Alert

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

Announcement

05 Dec 2023

On 5 December 2023, the Government of Saudi Arabia introduced a tax-relief scheme for foreign firms establishing a regional headquarters in the kingdom. 

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

05 Dec 2023

Revocation date:

No revocation date

Announced: 05 Dec 2023
Tax or social insurance relief In force
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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Implementation date

05 Dec 2023

Revocation date:

No revocation date

Announced: 05 Dec 2023
FDI: Financial incentive In force
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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