Multinationals moving HQs to Saudi Arabia likely to get tax relief, says minister  

RIYADH: Multinational companies relocating their headquarters to Saudi Arabia in 2023 with the aim of securing government contracts could get tax exemptions, according to the Minister of Investment Khalid Al-Falih. 

During an interview with the British newspaper Financial Times, Al-Falih noted an announcement regarding incentives will be issued soon to clarify the regulations for global firms.