Special Economic Zones

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Special Economic Zones in Saudi Arabia

Saudi Arabia’s Special Economic Zones (SEZs) are strategically developed areas
designed to attract foreign investment, boost exports, and diversify the
Kingdom’s economy in line with Vision 2030. These zones offer world-class
infrastructure, business-friendly regulations, and significant incentives that
make them highly attractive for global companies looking to establish a
presence in the region.

Each SEZ is focused on specific industries, allowing businesses to benefit from
industry clusters, advanced logistics, and access to regional and global markets.
Notable zones include King Abdullah Economic City (KAEC) for logistics and
manufacturing, NEOM for futuristic innovation and technology, and King
Salman Energy Park (SPARK) for energy and industrial services.

Foreign investors operating within these SEZs enjoy benefits such as 100%
foreign ownership, tax exemptions, streamlined customs processes,
competitive lease rates, and easier hiring procedures. By setting up in an SEZ,
businesses gain a competitive edge and a strong launchpad into the wider
Middle East and North Africa region.

IfTab helps investors identify the right SEZ based on their sector, facilitates the
application process, and ensures compliance with all regulatory
requirements—making your entry into Saudi Arabia seamless and strategically
sound.

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Understanding Special Economic Zones in Saudi Arabia

Special Economic Zones (SEZs) in Saudi Arabia are designated areas offering
unique incentives to attract foreign investors. These zones provide benefits like 100% foreign ownership, tax exemptions, simplified customs, and world-class infrastructure. Each SEZ is tailored to specific industries such as logistics,
energy, manufacturing, or tech—helping businesses grow in a competitive,
innovation-driven environment. IfTab guides you in selecting the right zone
and handles the entire setup process for a smooth market entry.

Key Benefits of Establishing a Business in Saudi Arabia's SEZs

  • 100% Foreign Ownership

    Foreign investors can fully own their businesses without the need for a local partner.

  • Tax Exemptions

    Many SEZs offer attractive tax breaks, including corporate tax exemptions for a specified number of years.

  • Customs Facilitation

    Streamlined customs procedures and exemptions on import/export duties make trade more efficient.

  • Advanced Infrastructure

    World-class infrastructure, including modern transport, logistics, and communication systems, supports business operations.

  • Competitive Leasing Rates:

    Businesses can take advantage of affordable and flexible lease terms for commercial spaces.

  • Regulatory Ease

    Simplified business regulations, faster licensing processes, and easier hiring procedures create a more business-friendly environment.

  • Access to Skilled Workforce

    SEZs provide access to a large pool of skilled labor, often with reduced employment restrictions.

  • Strategic Location

    Proximity to key markets in the GCC, Africa, and Asia provides a strong logistical advantage.

Key industries identified for growth, innovation, and foreign investment across SEZs

Targeted Business Industries in Saudi Arabia's Special Economic Zones (SEZs)

Manufacturing & Industrial

Focused on heavy industries, manufacturing plants, and assembly units. SEZs offer incentives for high-tech and advanced manufacturing.

Logistics & Supply Chain

Strategic locations for warehousing, distribution, and transportation businesses due to proximity to ports and highways.

Technology & Innovation

Dedicated zones like NEOM foster tech startups, research, and development in fields like AI, robotics, and renewable energy.

Energy & Petrochemicals

The King Salman Energy Park (SPARK) targets energy, oil, gas, and petrochemical industries, providing infrastructure and facilities for energy-related businesses.

Finance & Professional Services

Focused on banking, insurance, consulting, and other financial services, particularly in cities like Riyadh.

Healthcare & Pharmaceuticals

SEZs promote growth in medical equipment manufacturing, pharmaceuticals, biotechnology, and healthcare services.

Tourism & Hospitality

Targeting investments in resorts, hotels, and entertainment hubs, particularly around Makkah, Madinah, and the Red Sea coast.

Renewable Energy

A key industry for Saudi Arabia's Vision 2030, SEZs encourage businesses focused on solar, wind, and other sustainable energy solutions.

Agriculture & Food Processing

Investment in agribusinesses, including food production, processing, and logistics for local and export markets.

Why Choose IfTab?

Set up your company in Saudi Arabia’s Special Economic Zones (SEZs) with IfTab and unlock unparalleled business opportunities. We provide end-to-end assistance, from initial consultation and business registration to ongoing support, ensuring compliance with local regulations and helping you leverage
the tax exemptions and infrastructure offered by the SEZs. With IfTab’s expert guidance, you can smoothly navigate the process and position your business for success in Saudi Arabia’s rapidly growing economy

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Special Economic Zones (SEZs) in
Saudi Arabia

Special Economic Zones (SEZs) in Saudi Arabia, each designed to target specific industries and promote the Kingdom’s economic diversification under Vision 2030. Below are some of the key SEZs

King Abdullah Economic City (KAEC)

  • Location

    Jeddah, Red Sea Coast.

  • Focus Sectors

    Manufacturing, logistics, real estate, industrial activities.

  • Key Features

    Advanced infrastructure, deep-water port, and strategic location for global trade.

NEOM

  • Location

    Northwestern Saudi Arabia, near the Red Sea.

  • Focus Sectors

    Technology, renewable energy, tourism, entertainment.

  • Key Features

    A futuristic smart city with a focus on sustainability, innovation, and eco-friendly technologies.

King Salman Energy Park (SPARK)

  • Location

    Eastern Province, near oil and gas reserves.

  • Focus Sectors

    Oil, gas, petrochemicals, and energy services.

  • Key Features

    World-class infrastructure, specialized facilities for energy industries, and proximity to major energy resources.

Jazan Economic City (JEC)

  • Location

    Jazan, Southern Saudi Arabia.

  • Focus Sectors

    Petrochemicals, heavy industries, power generation.

  • Key Features

    Focus on industrial diversification, export-driven industries, and proximity to natural resources.

Riyadh Techno Valley (RTV)

  • Location

    Riyadh, the capital city.

  • Focus Sectors

    Technology, IT, education, research & development.

  • Key Features

    Collaboration between academic institutions and businesses, fostering innovation and R&D.

Red Sea Project

  • Location

    Along the Red Sea coast.

  • Focus Sectors

    Tourism, hospitality, luxury resorts.

  • Key Features

    Focus on sustainable tourism with eco-friendly resorts and natural ecosystems, attracting global tourism investments.

Qiddiya

  • Location

    West of Riyadh.

  • Focus Sectors

    Entertainment, sports, leisure, culture.

  • Key Features

    World-class entertainment destination with theme parks, sports facilities, and cultural attractions.

King Abdulaziz Port Economic Zone

  • Location

    Dammam

  • Focus Sectors

    Logistics, port operations, warehousing, manufacturing.

  • Key Features

    Proximity to a major port, making it ideal for trade, logistics, and manufacturing businesses.

Al-Faisaliah Industrial City

  • Location

    Al-Khobar, Eastern Province.

  • Focus Sectors

    Industrial, petrochemical, manufacturing.

  • Key Features

    Focus on energy-related businesses and heavy industries, with access to oil and gas reserves.

Dammam Logistics Hub

  • Location

    Dammam

  • Focus Sectors

    Logistics, e-commerce, supply chain.

  • Key Features

    State-of-the-art infrastructure for warehousing and logistics, perfect for companies looking to access regional and international markets.

These SEZs offer businesses competitive advantages such as tax exemptions, 100% foreign ownership, and streamlined business setup processes. Each zone is strategically designed to cater to the specific needs of industries, providing tailored support, infrastructure, and incentives.

IfTab can guide you in selecting the most suitable SEZ for your business, handling the registration process, ensuring compliance, and providing ongoing
support for a smooth and efficient market entry.

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