Ministry of investments Program:
Support-Targeted Segment: Foreign Projects under Nusaned Investment Company and Nusaned Program.
Benefits of the agreement:
• Issuance of licenses for the support-targeted segment shall be for a fee less than the basic fees (not more than SAR 2000).
• No minimum business experience is required from the foreign investor in his own country for access to the Saudi market.
• Only the targeted segment will have a special period for license issuance – no more than 3 hours if all the requirements are met.