For those who are looking to reduce taxes, there's a rather compelling offer from the Kingdom: Exemption from CIT, no WHT from dividends, no personal income tax.
Recent reforms have also simplified the investment process. Obtaining a foreign investor license from SAGIA now requires two documents and can be processed in three hours — reducing the requirement...
Read more
Image may be NSFW.
Clik here to view.
Clik here to view.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/HG4UXM2AHBOMFPOWDF2L5QYDZQ.jpg)
Saudi Arabia offers tax breaks for companies moving regional HQs to Riyadh
Saudi Arabia said on Tuesday it will offer tax incentives for foreign companies that locate their regional headquarters in the kingdom, including a 30-year exemption for corporate income tax.
Image may be NSFW.
Clik here to view.
www.reuters.com
Clik here to view.
www.reuters.com
Recent reforms have also simplified the investment process. Obtaining a foreign investor license from SAGIA now requires two documents and can be processed in three hours — reducing the requirement...
Read more
