18 Mar investment in Saudi Arabia
Investment activity is one of the most important pillars of the economy in the contemporary world. As the markets in all countries open their doors to receive the influx of foreign capital, which achieves mutual benefit that benefits both the foreign investor and the incubating country alike. The Kingdom of Saudi Arabia is considered a fertile environment for investment due to its natural resources, in addition to the modernization movement that it has witnessed in recent years as a result of Vision 2030, which was adopted by the Kingdom’s leadership and through which it launched many mega projects in facilities, infrastructure and other vital sectors.
Learn with Etqan about the advantages of investing in Saudi Arabia these days. What is the best area for investment in Saudi Arabia? And how to invest in Saudi Arabia?
Advantages of investing in Saudi Arabia
The Saudi economy has many strengths that play a major role in attracting Arab and foreign investors. The most important of these points:
- توفر المملكة العربية السعودية بيئة خصبة جداً للاستثمار، نظرا لتدني مستويات التضخم في السعودية.
جميع الأسباب المذكورة آنفا تهيئ جوا ملائما وبيئة خصبة لبدء الاستثمار في المملكة العربية السعودية. تواصل معنا وابدأ استثمارك الآن مع إتقان
The best investment areas in Saudi Arabia
There are certain sectors that attract investors in Saudi Arabia. It can be divided into three sectors…
Real estate
In view of the wide urban movement that the Kingdom of Saudi Arabia is witnessing, especially in its major cities, Real estate investment is also characterized by a wide profit margin if it is started with deliberate steps. However, it is risky.
stock market
Investing in the stock market is one of the most important areas of investment in the Kingdom of Saudi Arabia. It is also the best way for those who wish to invest a small amount by following some laws. For example, there is a prerequisite for investing in the stock market in Saudi Arabia, which is having sufficient capital to carry out sufficient trading. For example, if you want to get a net profit of 1000 dollars per month, the trading amount must not be less than 2000 dollars. That is why people resort, when they want to invest in this field, to seek the help of an expert to guide them to the right investment ways.
Etqan team is always there to provide assistance and advice and to guide them to invest properly.
bank deposits
It is the safest investment method, but it is the least profitable. Its idea is simply to deposit an amount in a bank for a certain period, provided that the bank in return invests the amount and adds the agreed upon interest. And sharing profits at the end of the period agreed upon with the depositor.
The most important papers required to start foreign investment in Saudi Arabia
The Kingdom of Saudi Arabia is making a continuous effort to reduce the burden on foreign investors. This is done by reducing the routine procedures of papers and approvals that waste a lot of time and effort, However, there are some papers and documents that must be completed. The most important of them:
License to establish the company or establishment, Which is obtained by submitting an application to the General Authority for Investment, With a true copy of the basic contract attached, Documentation at the Saudi Embassy.
Submitting an application to the Ministry of Industry and Trade, To obtain the company’s trade name, Submit a copy of the reserved name within the required papers.
Submitting a report on the nature of the company’s activity and work, and the capital allocated to it, With specifying the general manager of the company and describing his powers, and the roles it performs.
All financial statements are certified by a licensed chartered accountant. It shows the company’s financial position over the next three years.
The approval of all parties inside and outside Saudi Arabia. And that these approvals be documented in the Saudi embassy of the country of the investor.
The Kingdom of Saudi Arabia has become a destination for many Arab and foreign investors. Contact Itqan and start your investment project in Saudi Arabia now
Contact us today and get a free consultation to implement all your business plans!