- 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.
Taxation
The Saudi Arabian government's Department of Zakat and Income Tax is responsible for collecting personal and corporate taxes in the Kingdom.
While salaries and wages are free from income tax, Saudi citizens and companies must pay a religious tax, called zakat, of 2.5% a year on income and profits. Foreign individuals and companies are exempt.
The Ministry of Finance determines a company's tax status. Business and professional income is normally taxed at 20%, but any corporate losses can be carried forward indefinitely to offset future taxes.
Capital, profits and dividends can be repatriated to other countries, subject to a withholding tax of 5% - 15%, depending on factors such as type of business.
Saudi Arabia is a member of the Gulf Cooperation Council (GCC), which has no internal tariffs but a unified 5% tariff on most imported goods. It is also a member of the wider Greater Arab Free Trade Area (GAFTA).
Import duties are not payable when imported products are processed in Saudi Arabia and then re-exported, or if they are for industrial use and cannot be sourced from within the Kingdom.
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