Amicorp Group has officially opened an office in Riyadh to offer on-the-ground support for clients looking to invest in the Kingdom of Saudi Arabia. The new office expands Amicorp’s presence in the Gulf region, adding to its already established offices in Dubai and Abu Dhabi.
“The Riyadh office is an important and strategic addition to our network and opens up new opportunities for our clients,” said Julien Natale, Managing Director. “Vision 2030, for example, presents huge opportunities for the private sector as the Kingdom looks to build further economic growth by diversifying across different sectors, with strong incentives being offered to encourage investment in that, including four Special Economic Zones.
“As one of the first global providers of corporate management, financial markets, and fund administration services to open an office in Saudi Arabia, our team is on hand to take advantage of these opportunities and help clients get set up and manage their operations here.”
Vision 2030 by Crown Prince Mohammed Bin Salman saw USD 870 billion being committed to 15 ‘mega projects’ in 2023, including The Line, a 170 km linear smart city, and the Red Sea Project, which will house 50 hotels and 1,000 residential homes when completed. Potential investors stand to benefit from various incentives such as enhanced market access, capital availability, a robust infrastructure, and investor-friendly tax rates and business environment.
Amicorp Group can provide various administrative support services for corporate clients, family offices, institutional investors, and individuals.
They include corporate management and administration services, such as entity setup, corporate or personal directors’ provision, bank account opening, and other administrative duties. The team can also provide accounting and bookkeeping, tax compliance, corporate secretarial services, and support individuals seeking premium residency permits.
If you want to learn more about our services in Saudi Arabia or the Middle East, please contact the team here
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