Business Setup in Saudi Arabia’s Special Economic Zones

Setting up your business in Saudi Arabia’s Special Economic Zones can provide multiple advantages, including tax incentives, simplified regulatory processes, and access to world-class infrastructure. With the government’s ongoing efforts to diversify the economy and attract foreign investment, now is an opportune time to explore the possibilities available in these special economic zones.

What are Special Economic Cities in KSA?

Special Economic Cities are designated areas within a country that are subject to unique regulations and incentives designed to attract foreign investment and stimulate economic growth. These cities offer a range of benefits to businesses, such as tax breaks, streamlined processes, and access to infrastructure. In Saudi Arabia, these cities play a crucial role in the country’s Vision 2030 plan, which aims to reduce the country’s dependence on oil and diversify its economy.

Why Choose Saudi Arabia’s Special Economic Zones?

Saudi Arabia’s Special Economic Zones offer a strategic location at the crossroads of Europe, Asia, and Africa, making it an ideal hub for businesses looking to expand globally. Additionally, the country’s stable political environment, strong legal framework, and competitive business costs make it an attractive destination for investors.

1. Tax Incentives: Special economic zones in Saudi Arabia typically offer tax advantages, such as lower corporate tax rates or exemptions, to attract foreign investors.
2. Infrastructure: These zones often have state-of-the-art infrastructure, including advanced telecommunications networks and transportation facilities, making them ideal locations for businesses seeking to establish a presence in the region.
3. Simplified Procedures: Business setup in special economic zones is usually streamlined, with simplified procedures for obtaining permits and licenses, reducing the time and cost involved in starting a new venture.
4. Access to Markets: Special economic zones in Saudi Arabia often provide access to regional and global markets, offering opportunities for businesses to expand their reach and grow their customer base.

Calculate Your Business Setup Cost Now

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Q1 - Choose Your Business Category.

Pick the category that describes your business. *Please SelectAccountingAdvertisingAgriculturalFinanceLogisticsInvestmentReal EstateBrokerageConsultancy - ITConsultancy - MarketingConsultancy - HRConsultancy - MaritimeConsultancy - ManagementConsultancy - AviationConsultancy - FinanceConsultancy - LogisticsConsultancy - MediaDesignLifestyle CoachingProduction - Art/Video/Photography/Graphic DesignEvents/Exhibition OrganizersGeneral TradingTrading - GarmentsTrading - FurnitureTrading - Building MaterialsTrading - FoodstuffTrading - AutomobileTrading - ElectronicsSportsCustomer Care CenterOther

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Q2 - NUMBER OF ACTIVITIES

3 activities are included. Additional activities can be added at AED 1000 per activity. *Please Select12345 or More

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Q3 - HOW MANY SHAREHOLDERS WILL YOUR COMPANY HAVE?

The number of shareholders will help identify the most suitable setup for your business. *Please Select12345 or More

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Q4 - HOW MANY VISAS WILL YOU NEED?

The number of visas you will need should account for your own visa (if required) and visas for the number of employees you plan to hire over the next year. *Please Select0123456

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Q5 - DO YOU HAVE A BUSINESS PLAN?

DO YOU HAVE A BUSINESS PLAN? *

• Yes
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Q6 - ARE YOU CURRENTLY LIVING IN THE UAE?

Q6 - ARE YOU CURRENTLY LIVING IN THE UAE? *

• Yes
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Q7 - ANNUAL TURNOVER

Your current or forecasted annual turnover for your business in the next 12 months. *

• AED 20,000 - 100,000
• AED 100,000 - 250,000
• AED 250,000 - 500,000
• AED 500,000 - 1,000,000
• AED 1,000,000 - 5,000,000
• AED 5,000,000 +

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Q8 - WHEN DO YOU PLAN TO START YOUR BUSINESS?

Q8 - WHEN DO YOU PLAN TO START YOUR BUSINESS? *Please SelectImmediatelyNext MonthUndecided

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Q9 - WHICH COUNTRY YOU WANT TO START YOUR BUSINESS?

Q9 - WHICH COUNTRY YOU WANT TO START YOUR BUSINESS? *Please SelectUAEBahrainSaudi ArabiaQatarOman

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Q9 - CONTACT DETAILS

First Name *

Last Name *

Email Address *

Phone *

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Types of Special Economic Zones in Saudi Arabia

1. Industrial Zones: Industrial SEZs in Saudi Arabia are designed to attract manufacturing companies to set up operations within the kingdom. These zones offer tax incentives, streamlined regulations, and state-of-the-art infrastructure to support the growth of the industrial sector.
2. Logistics Zones: Logistics SEZs in Saudi Arabia focus on enhancing the country’s transportation and logistics capabilities. These zones are strategically located near major ports and airports to facilitate the movement of goods across the region.
3. Technology Zones: Technology SEZs in Saudi Arabia are dedicated to fostering innovation and technological advancement. These zones provide a conducive environment for technology companies to conduct research, development, and production activities.
4. Tourism Zones: Tourism SEZs in Saudi Arabia are aimed at promoting the country as a premier tourist destination. These zones offer incentives to investors looking to develop hotels, resorts, and other tourism-related infrastructure.
5. Energy Zones: Energy SEZs in Saudi Arabia focus on the development of the country’s energy resources. These zones attract companies in the oil, gas, and renewable energy sectors by providing specialized infrastructure and regulatory support.

Benefits of Special Economic Zones in Saudi Arabia

• Attracting Foreign Investment: SEZs in Saudi Arabia play a crucial role in attracting foreign investment by offering incentives such as tax breaks, customs exemptions, and streamlined regulations.
• Job Creation: SEZs generate employment opportunities for the local population by attracting companies operating within the designated zones.
• Technology Transfer: Technology SEZs in Saudi Arabia facilitate the transfer of advanced technology and know-how to local companies, fostering innovation and development in the country.
• Economic Diversification: Special Economic Zones contribute to the diversification of the Saudi economy by attracting investments in various sectors such as manufacturing, technology, tourism, and energy.

List of Special Economic Cities in Saudi Arabia

King Abdullah Economic City (KAEC):

Located on the Red Sea coast, KAEC is one of the largest special economic cities in Saudi Arabia. It offers a wide range of industrial, residential, commercial, and recreational opportunities, making it an attractive destination for both local and international investors.

Key Features of KAEC:

• State-of-the-art infrastructure
• Deep-water port
• Industrial zone
• Residential areas
• Educational and healthcare facilities

Jazan Economic City:

Situated in the southwestern region of Saudi Arabia, Jazan Economic City is known for its focus on industries such as oil refining, petrochemicals, and energy. The city’s strategic location near the Red Sea and the border with Yemen makes it a key hub for trade and commerce.

Key Features of JEC:

• Petrochemical complex
• Industrial zone
• Commercial and residential areas
• Integrated transportation network
• Educational and healthcare institutions

Ras Al-Khair Industrial City:

This industrial city in the Eastern Province of Saudi Arabia is home to various industries, including mining, metal production, and manufacturing. With its proximity to major transportation hubs and access to raw materials, Ras Al-Khair Industrial City is a prime destination for industrial growth.

How We Can Help You

• Consultation on the best SEZ for your business needs
• Company registration and licensing assistance
• Tax and legal compliance support
• Assistance with visas and work permits
• Real estate advisory services
• Market entry strategy development
• Ongoing business support and advisory services

By choosing to work with our experienced team, you can benefit from our in-depth knowledge of the local market, extensive network of contacts, and proven track record of success in helping businesses establish a strong foothold in Saudi Arabia. We are committed to providing you with the highest level of service and support, ensuring that your business setup in a Special Economic Zone is a smooth and successful process.

Connect with Neeja Corporate Services

Are you looking to start your company in KSA but feeling overcome by the registration process? Don’t worry, you’re not alone. Setting up a business in a foreign country can be challenging, but with the right guidance and support, it doesn’t have to be a stressful experience. Neeja’s business setup services offer complete support and serve as a one-stop shop for company setup in Saudi Arabia. We provide a wide range of value-added services, such as an business setup in Saudi Arabia Special Economic Zones. Over the years, we have successfully advised many new entrepreneurs to make their business in UAE dreams a reality.

To book a free consultation, call on +971 43243031. You can also send a WhatsApp message at +971 50 465 2843. To connect over email, send us your query at incorp@neejacs.com.

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