Category: Government Case

Saudi Arabia recently announced a significant initiative that could have a major impact on the business environment in the region. On December 5, the Saudi Press Agency reported that the country had launched a 30-year tax relief program to attract companies interested in establishing their regional headquarters within its borders. The program, known as the… Continue reading Saudi Arabia: Tax Exemptions Lure Companies’ Headquarters

Aligned with the ambitious goals of Vision 2030, the Kingdom of Saudi Arabia has implemented a series of far-reaching reforms to reduce its dependence on oil and diversify its economy. As part of the Vision 2030 plan, one of the key objectives is to develop the insurance sector in the Kingdom of Saudi Arabia. In… Continue reading Saudi Arabia Establishes the Insurance Authority