Saudi Arabia allows expats to run Saudi companies

Ministry of Commerce of Saudi Arabia has allowed expats to run Saudi-owned companies.

The Ministry of Justice has revoked the second paragraph of the ministerial decision issued in the Hijri year 1426, which states that it is not permissible for a foreigner to manage a Saudi company.

The Ministry of Commerce has reached the conclusion after studying the issue that there is no objection in appointing non-Saudis as managers/CEOs of Saudi-owned companies or authorizing them to act in place of Saudis for running the companies.

Source: Saudi Gazette

For the latest updates, you can join our ✅WhatsApp group or ☑️ Telegram Channel.

Never pay the full price🏷️; join the 📢Saudi Coupon Codes group and get sales updates and discount codes in one place.