Guarantees and Incentives for Investment in the Saudi Legal System and International Agreements

Abstract

This research aims to examine the guarantees and incentives for investment under the Saudi legal system and international agreements, by analyzing the legal and regulatory framework for investment in the Kingdom of Saudi Arabia and comparing it with international standards. The study addresses the nature of the guarantees and incentives provided by the Saudi government to attract both foreign and domestic investments, while highlighting the challenges investors face, such as legal, administrative, and economic barriers. It also discusses the extent to which Saudi regulations align with international investment agreements and their impact on the business environment.

        The research adopts a descriptive analytical approach, supported by a comparative methodology. The study concludes that Saudi Arabia is making significant efforts to enhance the attractiveness of its investment environment through updating regulations, offering tax and financial incentives, and developing infrastructure. However, challenges remain in areas such as administrative procedures, contract enforcement, and regional competition.

          Accordingly, the research proposes several recommendations to strengthen investment guarantees, including improving transparency, streamlining procedures, and increasing incentives in less developed regions, thereby supporting the realization of the goals of Saudi Vision 2030