Investment framework and opportunities in Saudi Arabia

Procedures Relative to Foreign Investment

Freedom of Establishment: Not guaranteed
Acquisition of Holdings: Possible
Competent Organisation For the Declaration: Ministry of Investment of Saudi Arabia (MISA)
Requests For Specific Authorisations: Foreign ownership of private company shares in Saudi Arabia is subject to the Foreign Investment Law and regulated by the Saudi Arabian General Investment Authority (SAGIA). Saudi Arabia maintains a Negative List that tabulates sectors not open to foreign investment ( visit SAGIA site and check the Negative List). However, most sectors are open to foreign investment provided the foreign acquirer obtains a foreign investment licence. SAGIA has an instant licence regime and investors can apply online for an immediate licence if they meet certain criteria published by SAGIA.