One of the most challenging issues for investors in the Kingdom is how to adequately and commercially address the requirements of the Saudiisation policy. This is a particular challenge for foreign investors, who often have a harder time recruiting Saudi workers. The rationale behind the policy is clear: the Kingdom has a very young population...
The Kingdom’s tax administration has, until recently, relied mostly on self-declaration and self-assessment from taxpayers. Very few control tools and mechanisms were employed by the Department of Zakat and Income Tax (DZIT) to enforce compliance by tax- and (religious levy) payers with the rules. Indeed, Zakat and tax certificates were the...
To what extent can pilgrims coming to the Kingdom for Hajj and Umrah be encouraged to combine leisure tourism with these religious events?
How is the government ensuring a level playing field in the application and promotion processes within the public sector?
How does the government encourage investment abroad while securing trade agreements with food exporting countries to ensure local food security?
What steps are being taken to diversify industry and help develop the country’s different regions?
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