- Foreword
An introduction to the Industrial Clusters program from president, Azzam Shalabi.
ObjectivesSpecific goals of the Industrial Clusters program.
OrganisationHow the program and individual clusters are structured.
ExpertiseSpecific areas of expertise and key people within the program.
PartnersOrganisations that work closely with and support Industrial Clusters.
- Strategic advantages
More about the many advantages KSA offers industrial investors.
InfrastructureAn overview of KSA’s modern and expanding industrial and business infrastructure.
Human capitalEducation, training and demographics of KSA’s world-class labour pool.
Investment incentives and supportA guide to the incentives and support available to industrial investors.
- Labour regulations
More about working practices and regulations in Saudi Arabia.
Trade agreementsSaudi Arabia is an active member in many trade organisations worldwide.
TaxationLearn about Saudi Arabia's highly favourable taxation and duty levies.
Setting up a businessHow Industrial Clusters can advise on establishing a business in KSA.
SAGIAThe Saudi Arabian General Investment Authority can facilitate investment and support.
- Minerals and Metal Processing cluster
The opportunities for metals and minerals industries and downstream applications.
Automotive clusterWhy KSA is well-placed to meet growing demand for vehicles and vehicle components.
Plastics and Packaging clusterHow plastics conversion builds upon the success of KSA’s petrochemicals industry.
Home Appliances clusterKSA’s resources can meet soaring demand for home appliances in the Middle East.
Solar Energy clusterMore about the potential for creating the components for and generating solar energy.
Other industriesBeyond the Industrial Clusters, KSA has a raft of long-established and successful industries.
Industrial Clusters program supportMore about the support Industrial Clusters can offer to industrial investors.
Setting up a business
The Industrial Clusters program (IC) is responsible for developing five industrial sectors, all chosen for their high potential growth in the natural resources- and energy-rich Kingdom of Saudi Arabia (KSA).
Industrial Clusters is organised by two government departments, the Ministry of Commerce & Industry (MOCI) and the Ministry of Petroleum and Minerals (MinPet). The program also liaises with other government departments and agencies, and private-sector suppliers, to provide top-quality advice and support.
Industrial Clusters can advise investors on:
- Types of company in KSA, and their legal status, structure and organisation
- Choosing a company name
- Applying for an investment licence (carried out through the Saudi Arabian General Investment Authority, SAGIA)
- Commercial registration (through the MOCI office at SAGIA)
- Upgrading visit visas to residency cards (the Iqama)
- Registering with the Department of Zakat and Income Tax
- Opening a bank account
- Registering with the Ministry of Labor
- Eligibility for incentives and subsequent applications
- Registering employees with the General Organization for Social Insurance
- Saudi Industrial Development Fund loans and other public funding
- Applying for land (for example through Modon, SAGIA or the Royal Commission for Jubail and Yanbu)
Most foreign entities in KSA are established as Limited Liability Companies. The other options are Joint Stock Company, Joint Venture, General Partnership and Limited Partnership.
According to the World Bank's Doing Business Report 2010, Saudi Arabia performs well in terms of starting and running a business. Comparing 183 countries, KSA is the:
- Best country for registering a property
- Sixth best for tax
- 11th best for overall ease of doing business
- 13th best for starting a business
- 14th best for dealing with construction permits
- 16th best for protecting investors
- 18th best for trading across borders
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