Ministry of Investments: 70 companies have issued licenses to relocate their regional headquarters in Saudi Arabia

The Saudi Ministry of Investment revealed that more than 70 companies have issued licenses to relocate their regional headquarters to the Kingdom until the third quarter of 2022.

The ministry said in its quarterly report, released Tuesday, that 25 government agencies participated in attracting new companies to enter Riyadh through the program to attract regional offices.

The list included many of the leading international companies, including PricewaterhouseCoopers, Johnson Controls Inc, Deloitte Touche Tohmatsu, PepsiCo, Unilever, Didi, Samsung, and others.

The ministry explained that the program to attract regional branches of international companies to relocate their regional headquarters in Saudi Arabia through relocation services such as temporary offices, apartments or villas, local employment, facilitation of arrival procedures and facilitation services such as employment, establishment business and the hiring of domestic workers and contractors.

As well as through organizational services such as booking and organizing events, exclusive offers from airlines, offices, accommodation and schools, as well as professional services such as tax advice, government relations and bank account opening.

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