Quoted

“MNCs looking to sell their goods and services to Government Authorities in Saudi Arabia will require a new Business License, which in itself requires setting up a legal entity known as a regional headquarters within Saudi Arabia that allows access to tenders. The new regulation will become effective starting in 2024, though B2G firms can expect to be questioned on this topic when dealing with Saudi government authorities in 2023 as the kingdom seeks to learn about MNCs’ long-term plans.” Saudi Arabia’s Regional Headquarters Program [Frontierview]





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