• Removal of paragraph 3 of Article VIII for the Implementing Regulations of the foreign investment


    The Chamber presents its compliments , this is to inform you that we receive the letter of the Council of Saudi Chambers (No.ش.غ/2903) dated (25/10/1435), referred to the content of the press release published on the website of the Saudi press agency today (17/8/2014) entitled ' public authority for investment provide more facilities in enterprises ' establishment procedures, to the effect that the Board of Directors of the General investment authority approved the deletion of paragraph (3) of article VIII of the regulations for foreign investment issued in (12/5/1435) which provides ' new licensing requests are treated For companies to exercise the same activity as an extension to the existing project ' in a move designed to strengthen and improve the investment environment in the Kingdom.      So the Board wishes of all relevant institutions, the content of the news of the investment Commission on foreign investment with new licensing requests to meet companies for doing the same activity, for news you can visit our Web site at: (www.chamber.org.sa).​

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