Saudi Arabia Grants 30-Year Tax Exemption to Companies Relocating Headquarters to the Kingdom

Saudi Arabia’s Vision 2030 initiative takes a significant step by offering a 30-year tax exemption to multinational corporations establishing regional headquarters in Riyadh. This move, part of the Regional Headquarters (RHQ) Program, aims to position the Kingdom as a central business hub. The package includes a 0% corporate income tax rate and withholding tax for