Saudi Arabia’s Tax Rules for Regional Headquarters (RHQ)
The Kingdom of Saudi Arabia made an ambitious, bold and far reaching move to strengthen its position as a global business by offering a warm welcome to multi nationals companies to the kingdom with an exclusive RHQ (Regional Head Quarters) program. The initiative shows the commitment and dedication of the kingdom towards building a favorable […]
Saudi Arabia Sets Up New Business Park in Riyadh
The Kingdom of Saudi Arabia has always shown a major interest in the development of its business environment and recently announced launching the significant initiative of a new business park in Riyadh to attract foreign investors and support the development of new job opportunities in the kingdom. The Boulevard Business Park, which contributes a new […]
Demand for Saudi Mining Licences Rises Sharply
Saudi Arabia in recent years, have witnessed a surge in the demand for mining licenses, and this is a reflection of the country’s effort to diversify its economy from oil dependency. With the Saudi Vision 2030, which is the ambitious plan of Saudi Arabia, spearheaded by Crown Prince Mohammed bin Salman, the country has made […]
How to Overcome Bank Account Setup Delays in Saudi Arabia ?
Establishing a business setup in Saudi Arabia, requires opening a bank account in the country. But setting up a bank account in the Kingdom is expected to be a tiresome task, as it can result in potential delays. Delays in the bank account setting up can disrupt your business plans and can lead to subsequent […]
Why Are Asian Companies Expanding to Saudi Arabia?
Recent years have witnessed a tremendous transformation of Saudi Arabia into a global economic powerhouse. The Kingdom is undergoing an exceptional evolution under giant projects like Vision 2030, and it is creating vast opportunities for investors from within the country and abroad. Saudi Arabia provides a lucrative market for Asian countries due to its geographic […]
Riyadh Expo 2030
World Expos are grand events that help global nations to come together and address international issues. We must be glad that Riyadh, Saudi Arabia is selected as the next destination to host the Expo in 2030 from 1/10/2030 to 31/3/2031. Originated in 1851 with the World Fair in London, it has extended its presence to […]
Hundreds of companies consider Saudi Arabia
Saudi Arabia, a Kingdom with a rich history, large oil reserves, and vast deserts, is on its way to becoming a global economic powerhouse. Its strategic effort to transform into a non-oil-dependent country is achieved by attracting foreign investments. Vision 2030, Riyadh Expo 2030, construction of mega and giga projects, etc aids its effort to […]
How to Open a Corporate Bank Account in Saudi Arabia
Saudi Arabia is on its path towards becoming the global business hub thus the need for efficient banking services for the smooth functioning of corporate companies are in great demand in the country. Once a company is launched in the ever growing landscape of this Arab Kingdom, it becomes inevitable to open a corporate bank […]
Start a Sports Business in Saudi Arabia
Sports have always had greater importance in the kingdom of Saudi Arabia since 1950 becoming an essential component to the cultural framework of the kingdom. The ambitious plan of Crown Prince Mohammed bin Salman to uplift the Saudi football league to the world’s top 10 showcases the kingdom’s commitment to sports. The Quality of Life […]
Difference Between Branch and Subsidiary
Planning to set up a new company or expand your business to new locations? But confused about whether to start it as a branch or subsidiary? If so, are curious to know what’s the difference between a branch and a subsidiary? Do these terms convey the same meaning or do they differ? Well, this blog […]
