Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
Saudi Arabia unveils 30-year tax incentives to attract foreign companies
Posted on December 11, 2023
Saudi Arabia announces a 30-year tax incentive plan for foreign companies establishing regional headquarters in the Kingdom.
The incentive package offers income tax exemption as a significant advantage for qualifying foreign businesses.
This move is in line with Saudi Arabia's broader plan to reduce dependency on oil, focusing on creating new sectors to generate job opportunities for its citizens.