Government grants and incentives in Saudi Arabia

Business incentives

  • 100% foreign ownership of companies and property, including land;
  • No restrictions on the repatriation of capital and profits;
  • No sales tax or value added tax (VAT);
  • No personal income tax or property tax;
  • Ability to carry forward losses indefinitely;
  • 10-year tax incentives on investments in undeveloped provinces;
  • Exemption from import tariffs of spare parts, raw materials, and plant machinery.

Financial incentives

  • Up to SR1.2 billion (US$320 million)-worth of medium to long-term loans from the Saudi Industrial Development Fund (SIDF);
  • These loans are available for the establishment or upgrade of manufacturing facilities in Saudi Arabia;
  • SIDF also provides financial, administrative, technological and marketing advice to industrial firms;
  • Assistance of SMEs to secure loans from Saudi commercial banks though SIDF Loan Guarantee Program (Kafalah);
  • Up to SR3 million in interest-free loans from Saudi Credit & Savings Bank for the development of small enterprises;
  • Loans and grants from Saudi Human Resources Development Fund (HRDF) for training and employment of Saudi nationals.

Contact us

For additional information on our company registration services in Saudi Arabia, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
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