Saudi Arabia’s Ministry of Investment issues over 14,000 licenses in 2024, up 67% YOY

The Saudi Arabian Ministry of Investment (MISA) issued 14,303 investment licenses in 2024, up 67% YOY.

The significant increase in investment licenses issued underlines the Kingdom’s status as an attractive investment destination with a business-friendly environment. The increase in foreign investment is driving the development of various sectors, including technology, finance, and manufacturing, in line with Saudi Vision 2030.

"Investors should be aware of local regulatory requirements. For example, MISA may require a minimum share capital of SAR 500,000 (about US$135,000) for foreign companies."

By contacting us, you will receive:

• Consultation on obtaining licenses in Saudi Arabia, including analysis of requirements and procedures.
• Consultations on tax planning and tax optimization in accordance with local legislation.
• Support on corporate governance issues, including the development of internal policies and procedures.
• Assessment of the investment climate and identification of promising sectors for investment.
• Support for starting a business in Saudi Arabia, including document preparation and interaction with MISA.