Investment In Saudi Arabia Incentives, Sectors, Regulations & Tips
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Investment Capabilities & Types
Any potential investor, and before hindering his life savings, must first insure he has what it takes and what it needs; he must check his business capabilities in terms of capital required, time needed, and knowledge. He further must insure that he is putting his money where it is worth; the right business idea, and must start the business properly.
When talking about investment, it does not always mean big money. There are many business opportunities out there: It could be big investment type, or small business type; internet-based business, small office/store type, or even home-based business. Just insure your capabilities and select the right business type for you.
Be armed with the required knowledge to run and promote the business.
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About The Saudi Kingdom & The People.
A little awareness of the country and the culture and knowing some Arabic words or phrases and traditions can ease life and make a major positive influence in a relationship with a Saudi client. This should not be underestimated when investing in Saudi Arabia.
We suggest starting here to get more detailed information about The Saudi Kingdom & the People, exploring some importantly helpful and interesting information; however should you need any help, please ask our experts - It is FREE & with no obligation what so ever.
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location, history, world role, political system, finance system, people & population, currency, shopping & entertainment, infrastructure, important restrictions, measuring units, time & business hours, calendar & public holidays, regions & main cities, weather, visa requirements, language and important words & phrases, tradition and do's & don'ts… more details About The Kingdom & The People
Attractive Incentives For Investors In Saudi.
Investment in Saudi Arabia has become a very attractive market covering a wide range of investment sectors due to many major incentives: The major role in the world economy, the size of the Saudi investment market, the investment climate, the strong government encouragement for foreign direct investment, the sound infrastructure, the government credit institutions, the regional & international financial programs, the new Foreign Investment Law, the Saudi Supreme Economic Council, the well-regulated finance & banking systems, the investment accomplishments, these and many other incentives, as will be detailed herein, may only result in the conclusion that investment in Saudi Arabia is in fact very attractive.
This conclusion is supported by the fact that foreign investment in Saudi Arabia increased from 31 projects of US$ 0.783 billion in 2003 to 65 projects of US$ 16.5 billion in the third quarter 2006, yes 2107 % un value in just (3) years... More details on Attractive Incentives. Please check our FAQ's for further detailed information, and if that is not enough, and you need any more assisstance Ask Our Experts.
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Investment Sectors In Saudi.
It is more than just oil & gas. Saudi Arabia is an investment market worth no less than SR 2,340 billion (US$ 624 billion) covering various investment sectors, as detailed later on, with very attractive incentives. Foreign investment is generally welcome in Saudi Arabia if it promotes economic development, transfers foreign expertise to Saudi Arabia, creates jobs for Saudis, and expands Saudi exports. Some activities have been excluded from Foreign Investment as shown on the Negative List, however this list continues to shrink as Saudi Arabia attempts to liberalize trade.
The Government encourages investment in infrastructure, including power, water, telecommunications and transportation. There is also no prohibition on foreign investment in refining and petrochemical development and there is significant foreign investment in the downstream Saudi energy sector… more details on Investment Sectors
Getting Started Investing In Saudi.
Prior to investing in Saudi Arabia, it is essential to get full acquaintance with the investment incentives provided by the Saudi Government and the investment opportunities made available to foreign investors. Then the investment sector is decided, and an investment license is obtained. Then depending on the investment sector type, additional post licensing services may be required from certain government departments, including, but not limited to, the Saudi Arabian Monetary Agency, the Capital Market Authority or the Communications and Information Technology Commission. Step by step procedures of obtaining a license to invest in Saudi Arabia are included in this section.
At the mean time, information are collected about the rules & regulations; company types & structures, trade regulations & documentation, agency agreements, ways to obtain land, government & business contacts.
As well as being acquainted with the quality & costs of the importantly required support services available in the Kingdom such as banking & financing institutions , legal & consultancy offices, accounting offices, translation offices, engineering & research offices, major suppliers & contractors, potential partners and competitors, recruitment agencies, real estate agencies, vehicle & equipment purchase and rentals, airlines & travel agencies, insurance agencies, hospitals & clinics, tourism & leisure … more details on Getting Started
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Latest News , Opinions & Events :
The latest news to highlight the development & the progress of the foreign investment projects in various sectors are posted. These news will further empower foreign investors with information regarding the seriousness of both the Saudis and other foreign investors, the sectors of higher priorities and requiring urgent attention, and the more attractions & incentives. Your opinions are just as important and may provide valuable information. Also posted are upcoming investment - related events & announcements such as exhibitions, conferences, trade shows, and forums.
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