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

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.

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