Regional HQ Program: Act Now to Unlock Strategic Growth in Saudi Arabia
Saudi Arabia, the largest economy in the Middle East and the 18th largest globally, beckons as a strategic investment hub. Riyadh, in particular, emerges as an attractive opportunity for companies seeking regional expansion. The Saudi government actively encourages this transition, opening doors to a plethora of advantages.
Important Update: Relocate Your Regional Headquarters to Saudi Arabia by January 1, 2024
The Ministry of Investment (MISA), in collaboration with the Ministry of Finance (MoF) and the General Authority for Foreign Trade (GAFT), is initiating a transformative move. Starting January 1, 2024, a list of companies without Regional Headquarters in the Kingdom will be compiled and regularly updated on the unified electronic portal for government procurement. Firms on this list may face limitations, impacting their eligibility for government projects unless under exceptional circumstances.
Seize this golden opportunity to propel your business forward. Contact our dedicated corporate structuring team in Saudi Arabia for comprehensive legal, regulatory, and administrative support to establish your Regional HQ in KSA swiftly and efficiently.
Our team at MCA Jeddah office is ready to assist you for any clarifications.
Contact Details
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Telephone (Jeddah KSA): +966 559 483774
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