A report on "Saudi Arabia's Regional Headquarters (RHQ) Attraction Policy" prepared by JETRO Houston in April 2025. The Saudi Arabian government has intensified its regional headquarters attraction policy, achieving 642 license issuances by July 2025, already exceeding the initial 2030 target of 500. The government has set new goals of issuing 1,000 licenses, expanding full-time employment from 7,500 to 36,000, and attracting 40-50% of Fortune Global 500 companies. Key attraction incentives include participation in government procurement, 10-year exemption from Saudization obligations, 30-year corporate tax exemption, and premium residence visas. In government procurement, a policy has been introduced to restrict bidding by foreign companies without RHQ in principle. Eighteen Japanese companies have obtained RHQ licenses across diverse sectors including manufacturing, finance, and IT.
Saudi Arabia Regional Headquarters (RHQ) Attraction Policy
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