Free Zones in KSA

Free Zones in KSA

Blog Article

Following the Kingdom's Vision 2030, Saudi Arabia established the first 4 special economic zones with special commercial systems that are consistent with the objectives of free zones and serve the goals of investors in global free economic zone policies, as well as to facilitate economic diversification, develop the economy, and enable foreign investors to conduct business in Saudi Arabia in a way that serves the vision and supports the goals of the investor in the Saudi market.

A Free Zone Service License enables businesses to operate within specific economic zones in Saudi Arabia, offering significant benefits such as tax incentives, simplified regulations, and 100% foreign ownership. These zones are particularly advantageous for companies in sectors like consultancy, IT, legal services, and other professional services. The license supports foreign business registration in Saudi Arabia and facilitates the establishment of regional service hubs.