Riyadh skyline and business district at night - starting a company in Saudi Arabia

Doing Business in Saudi Arabia: The Complete Guide

Riyadh skyline and business district at night - starting a company in Saudi Arabia

Doing Business in Saudi Arabia: The Complete Guide

Everything you need to start, invest, or expand in Saudi Arabia. Company formation, tax guide, stock market access, real estate, free zones, and Vision 2030 — the most complete business guide online.

Saudi Arabia is the world’s fastest-growing major economy — a $1.1 trillion GDP expanding at 4.5%, powered by the most ambitious economic transformation programme ever attempted. Vision 2030 has unlocked 100% foreign ownership, opened the $10 trillion Tadawul stock exchange to all investors, activated four new Special Economic Zones, and committed $1 trillion through the Public Investment Fund. Whether you are investing, starting a company, or expanding into the Gulf, this is the definitive business guide.

Key Business Facts

GDP $1.1 trillion (2025) — 4.5% real growth, 17th largest economy globally
Non-Oil GDP 55.6% of total (up from 45% in 2016) — diversification accelerating
PIF Assets $1+ trillion — 5th largest sovereign wealth fund globally
Foreign Ownership 100% permitted since 2021 — no local partner required
Corporate Tax 20% CIT (0% personal income tax) — 5% in Special Economic Zones
Stock Market SAR 10T+ market cap — QFI restrictions removed February 2026, open to all
MOST READ
Investing in Saudi Arabia →
Foreign investor access, sectors to watch, stock market entry, real estate, and PIF co-investment opportunities.
START A BUSINESS
Company Formation Guide →
LLC setup, MISA licensing, costs SAR 45K–65K, and step-by-step process.
THE BIG PICTURE
Vision 2030 Explained →
Saudi Arabia’s $7 trillion economic transformation — what it means for business.

Investment & Markets

The pillars of the Saudi investment landscape — stock exchange, real estate, sovereign wealth, banking, residency, and the new business capital.

CAPITAL MARKETS
Stock Market (Tadawul) →
SAR 10T+ market cap, 200+ listed companies. QFI restrictions removed February 2026 — how foreign investors can now buy in directly.
PROPERTY
Real Estate →
Foreign ownership law changed January 2026. NEOM, Riyadh, Jeddah — where prices are moving and how to buy legally.
SOVEREIGN WEALTH
Public Investment Fund →
The $1T+ fund behind NEOM, Saudi Pro League, Lucid Motors, and dozens of giga-projects. Full portfolio and strategy breakdown.
BANKING
Banking & Finance →
Open a bank account, IBAN transfers, Islamic finance, top banks — everything foreigners need to manage money in the Kingdom.
Golden Visa (Premium Residency) →
SAR 4M property investment or SAR 1M deposit — permanent residency, property rights, and family sponsorship.
Riyadh Business Capital →
The new HQ mandate, King Abdullah Financial District, Diriyah Gate — why multinationals are relocating to the Saudi capital.

Starting a Business

Licensing, taxation, free zones, and the visa you need to operate on the ground.

Company Formation
LLC setup, MISA licensing, 100% foreign ownership, capital requirements SAR 45K–65K, and timeline.
Read Guide →
Tax Guide
20% CIT, 15% VAT, 2.5% Zakat, withholding tax, transfer pricing — every rate and filing deadline explained.
Read Guide →
Free Zones & SEZs
4 Special Economic Zones activating April 2026. 5% CIT, 0% customs, 50-year leases — full incentive breakdown.
Read Guide →
Business Visa
Requirements, application process, costs, multi-entry options, and the new Premium Residency programme.
Read Guide →

Energy & Resources

Oil still funds the Kingdom — but solar, mining, and green hydrogen are the next chapter.

OIL & GAS
Oil Industry & Aramco →
12.5M bpd capacity, Aramco’s $1.8T valuation, Jafurah gas field, downstream expansion — the engine of the Saudi economy.
GREEN TRANSITION
Renewable Energy →
58.7 GW target by 2030, NEOM green hydrogen, Sudair Solar — how Saudi Arabia is becoming a clean energy superpower.
CRITICAL MINERALS
Mining & Minerals →
$2.5 trillion in untapped reserves — gold, lithium, copper, phosphate. Ma’aden expansion and the new mining code.

Employment & Workforce

Hiring, Saudization quotas, and the rules every employer and foreign worker must know.

Jobs for Foreigners →
Salary benchmarks, in-demand roles, work visa process, tax-free income, and the best job platforms for expats in Saudi Arabia.
Read Guide →
Saudization (Nitaqat) →
Quota bands by sector, compliance tiers (Platinum to Red), penalties for non-compliance, and strategies for foreign companies.
Read Guide →

Mega-Projects & Cities

The giga-projects reshaping Saudi Arabia’s economic geography — and the business opportunities they create.

GIGA-PROJECT
NEOM Business Guide →
$500 billion mega-city — The Line, Oxagon industrial port, Trojena ski resort. Procurement, contracts, and how companies are getting involved.
NEW CAPITAL
Riyadh Business Hub →
HQ relocation mandate, King Abdullah Financial District, Diriyah Gate, New Murabba — why Riyadh is the new business capital of the Middle East.

Economy & Strategy

The macro picture — Vision 2030 progress, GDP data, and the structural reforms reshaping the Saudi economy.

TRANSFORMATION
Vision 2030 →
Saudi Arabia’s $7 trillion economic transformation — privatisation, entertainment, tourism, NEOM, and the post-oil strategy. Where it stands in 2026.
MACROECONOMICS
Economy Dashboard →
$1.1 trillion GDP, 4.5% real growth, unemployment falling to 7.7%, non-oil revenue tripled since 2015. Key indicators and data.
Ready to do business in Saudi Arabia?
Start with the company formation guide or explore investment opportunities across the Kingdom.

Start a Company →    
Investment Guide →

This business hub is continuously updated by the House of Saud editorial team. 21 guides and counting.