Doing Business in Saudi Arabia

Date:

Thursday, October 11, 2012

Location:

Boston Bar Association
16 Beacon Street
Boston, MA 02108
United States

Fee:

TBA

Time:

4-7 pm

CLE Credits:

3 hrs

 


The panel will discuss a number of issues to be considered in evaluating the prospects of operating and investing in the Kingdom. These include the regulatory framework of entities, tax aspects, audit and accountancy, and the trade and banking system. The benefits of doing business in the Kingdom will also be discussed, such as no minimum capital requirement, 100 percent foreign ownership of companies, no restriction on repatriation of capital and the ability for foreign investors to sponsor foreign employees, just to name a few. Further, in recent years the population of the Kingdom has grown considerably, so demands on its infrastructure are greater and property opportunities for investment in the engineering sector and project finance are growing. 

The panel will also discuss in detail the Sukuk market and how it has gained substantial popularity over the last ten years. The Sukuk market in Saudi Arabia is expected to show impressive growth with government proclivity towards it for financing a major segment of infrastructure investment. These recent developments show an importance of Sukuk to global investors and how they can use it to their advantage. The panel will also speak of the evolving legal framework of the Kingdom and doing business within it.

Location

Javascript is required to view this map.