Under Vision 2030, the Kingdom of Saudi Arabia is living in a golden age that provides unprecedented investment opportunities, and the Ministry of Investment seeks, in light of the increase of these investment opportunities, to enable investors to access them. The Ministry, through its headquarters and its centers distributed throughout the Kingdom, is keen to provide the greatest possible facilities and flexibility in licensing procedures and investor service, by providing representatives from the relevant government agencies to clear the required procedures, in addition to providing support to investors during all stages of their work, from Incorporation until the start of doing business.

Investor journey

Every activity has a special journey, and to facilitate the start of investment activity, the Kingdom was keen to help investors and took their hands step by step to start the commercial activity. It provided them with direction and guidance on how to start a business in terms of the laws and licenses that must be obtained. To know the steps designed to meet all the basic needs towards your investment license and related operational licenses, click here.

“Invest in Saudi Arabia” initiative

The “Invest in Saudi Arabia” platform was launched as one of the most prominent marketing channels for the investment environment in the Kingdom. This platform has contributed to the Kingdom of Saudi Arabia advancing 29 places in the “Doing Business 2020” report issued by the World Bank, and has also contributed to increasing new foreign investments in the Kingdom by 54% in 2019 compared to 2018.

To view investment opportunities in the Kingdom in various sectors, click here.
Saudi Business Center

A center concerned with facilitating procedures for starting, conducting, and terminating economic businesses and providing all services and work related to them in accordance with international best practices. The Saudi Business Center platform has combined all electronic government services on one page, from issuing initial licenses to establishing companies, etc. The center has succeeded in reducing the time for starting a business to only 30 minutes instead of 15 days, and reducing the time for obtaining the commercial register to only 180 seconds. The number of small and medium enterprises also increased in the same year, reaching more than 626 thousand establishments. This contributed to the Kingdom’s ranking rising to 103 places in the “Starting a Business” index in the Doing Business 2020 report issued by the World Bank Group.

National Center for Competitiveness

The National Competitiveness Center was established in 2019, has an independent legal personality, and is organizationally linked to the Council of Economic and Development Affairs.

The center aims to improve and develop the competitive environment in the Kingdom, and move it from the stage of facilitating the business environment to global competitiveness in its broader concept based on productivity, sustainability, and inclusiveness. To keep pace with global trends and motivate the private sector to adopt environmental, social and governance practices. The Center also works to improve the Kingdom’s ranking in relevant global indicators and reports, by studying and analyzing the obstacles and challenges facing the public and private sectors, proposing solutions and initiatives, and following up on their implementation.​

To view the economic reforms undertaken by the Centre, click here.
Private sector visuals platform

It is an electronic platform that works to develop mechanisms for dealing between the private sector and government agencies, by receiving private sector views and proposals, and monitoring the challenges they face, to then direct them to the relevant government agencies. Work is also done on what meets the criteria of challenges and obstacles directly. By the Center in cooperation with other government agencies.

Survey platform

​It is a unified electronic platform affiliated with the National Competitiveness Center to seek the opinions of the public, government agencies, and the private sector regarding laws, regulations, and the like issued by government agencies related to the economic and development environment before approving them. The platform aims to enable individuals, government agencies, and the private sector to provide views and comments on relevant projects, which contributes to providing a safe and stable investment environment. The platform is considered one of the most important tools for organizational development: public consultation, which contributes to improving the transparency and efficiency of the legislative environment.