IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 28 Mar 2014 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

With the Resolution no. 2/774 published 28 March 2014 in Um al-Qura the official gazette of Saudi Arabia, the amended implementing regulations for foreign investement has been passed encompassing 22 Articles. This regulation is replacing the implementing regulations dating back to 2002 (Decree 20/1) 
Two of the most important changes are the following: 
1. the foreign investor may obtain more than one license in the same activity,
2. the legal form of the foreign investment is limited to a LLC, joint stock company and a branch of foreign companies.
 

AFFECTED COUNTRIES

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