Yes, foreign investors can fully own companies in Saudi Arabia, subject to licensing by the Ministry of
Investment (MISA).

The Ministry of Investment (MISA), Ministry of Commerce (MoC), and Zakat, Tax and Customs Authority
(ZATCA) oversee company registration, licensing, and tax compliance.

Startups must ensure market understanding, regulatory compliance, and cultural awareness. Key steps
include obtaining a MISA license, registering with the Ministry of Commerce, and adhering to local laws.
Partnerships and government incentives can support expansion.

Incentives include investment licenses, tax exemptions (zero personal income tax, 20% corporate tax),
100% foreign ownership in many sectors, and access to special economic zones like NEOM.

Foreign investors, multinational corporations, entrepreneurs, and Saudi partners working with
international firms.