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5 ARTICLES FROM MEMBERS
5.1 Increasing Interest in Setting up 100%
Foreign-Owned Subsidiaries in Saudi Arabia
CA Devang Mehta
In recent times, we have observed a growing trend of entities based in the UAE, GCC countries, and India setting up
subsidiaries in the Kingdom of Saudi Arabia (KSA). This heightened interest aligns with Saudi Arabia’s Vision 2030
and the expanding business opportunities it brings. Numerous key projects underway in the Kingdom are expected
to drive an increase in business activity and investment, providing fertile ground for new ventures.
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