Alqanoni

Investment Law

Art. 2
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

This Law aims to develop and enhance the competitiveness of the investment environment in the Kingdom, contribute to economic development, and create job opportunities by creating an attractive investment climate, in accordance with relevant laws; this shall include the following: 1. Facilitating the establishment of investments, ownership of assets in such investments, and exit therefrom or liquidation thereof. 2. Guaranteeing and promoting the rights of investors. 3. Guaranteeing equal treatment for local and foreign investors. 4. Ensuring transparent, efficient, and fair procedures for investors and their investments. 5. Promoting the principle of competitive neutrality and fairness and ensuring equal opportunities in investments.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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