{"id":7645,"date":"2022-03-09T13:55:42","date_gmt":"2022-03-09T13:55:42","guid":{"rendered":"https:\/\/www.creationbc.com\/?p=7645"},"modified":"2024-09-11T08:34:36","modified_gmt":"2024-09-11T08:34:36","slug":"regional-headquarters-program-in-ksa","status":"publish","type":"post","link":"https:\/\/www.creationbc.com\/en-sa\/news\/regional-headquarters-program-in-ksa\/","title":{"rendered":"Regional Headquarters Program in KSA"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]The\u00a0<\/span>Kingdom of Saudi Arabia (\u201cKSA\u201d)<\/b>\u00a0has launched its\u00a0<\/span>Regional Headquarters (\u201cRHQ\u201d) Program<\/b>\u00a0as a joint initiative of the Ministry of Investment Saudi Arabia\u00a0<\/span>(MISA)<\/b>\u00a0and the Royal Commission of Riyadh City\u00a0<\/span>(RCDC)<\/b>\u00a0which aims to invite large multinational groups to establish their regional headquarters in KSA by offering special government assistance, waiver on government fees, and licensing assistance. The RHQ will also be given a license validity between 1-5 years and be exempted from certain Saudization requirements.<\/span><\/p>\n

 <\/p>\n

The program follows through with the new law issued in January 2021 and expected to take effect on 1 January 2024, restricting international businesses to contract with the Saudi Government and their related agencies if they do not have their RHQ in the KSA.<\/span><\/p>\n

 <\/p>\n

CONDITIONS FOR QUALIFICATIONS:<\/span><\/h2>\n

Interested organizations must have a presence in more than two jurisdictions with an aim to establish a RHQ in KSA\u00a0for support and management of affairs within its branches, subsidiaries, and affiliates in the Middle East and North Africa (MENA) regio<\/span>n.<\/span><\/p>\n

 <\/p>\n

Registered RHQs are required to showcase performance for their strategic decisions and management functions within six months once their license is issued. Additionally, any entity registered as an RHQ is not allowed to conduct any commercial activities but may be able to offer limited sales and marketing support, training, and advisory services.<\/span><\/p>\n

 <\/p>\n

For further information regarding the Regional Headquarters Program and Creation Company Set-Up Services in the KSA, email us at\u00a0<\/span>info@creationbc.com<\/b><\/a>\u00a0<\/span>or call our KSA +966 54 511 2494<\/strong><\/a><\/span>\u00a0Dubai<\/span>\u00a0<\/span>+971 4 878 6240<\/b><\/a>.<\/b>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/6″][vc_single_image image=”5360″ alignment=”center” style=”vc_box_circle_2″][\/vc_column][vc_column width=”1\/6″][vc_column_text]Scott Cairns, <\/strong>
\nManaging Director<\/strong><\/p>\n

\"\"<\/a>[\/vc_column_text][\/vc_column][vc_column width=”1\/6″][\/vc_column][vc_column width=”1\/6″][\/vc_column][vc_column width=”1\/6″][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column][vc_column_text]The\u00a0Kingdom of Saudi Arabia (\u201cKSA\u201d)\u00a0has launched its\u00a0Regional Headquarters (\u201cRHQ\u201d) Program\u00a0as a joint initiative of the Ministry of Investment Saudi Arabia\u00a0(MISA)\u00a0and the Royal Commission of Riyadh City\u00a0(RCDC)\u00a0which aims to invite large multinational groups to establish their regional headquarters in KSA by offering special government assistance, waiver on government fees, and licensing assistance. The RHQ will also […]<\/p>\n","protected":false},"author":2,"featured_media":7647,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[98,103],"tags":[],"class_list":["post-7645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sa-company-setup","category-sa-law"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/posts\/7645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/comments?post=7645"}],"version-history":[{"count":11,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/posts\/7645\/revisions"}],"predecessor-version":[{"id":19451,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/posts\/7645\/revisions\/19451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/media\/7647"}],"wp:attachment":[{"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/media?parent=7645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/categories?post=7645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.creationbc.com\/en-sa\/wp-json\/wp\/v2\/tags?post=7645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}