Post
Region: Commonwealth of Liberty
15% for new companies in Saudi Arabia, both native and foreign for a period of three years.
Generally the Saudi government attempts to reduce the country's dependency on oil and it's price fluxuations. A 15% tax for 3 years, after that it's 25%. I might attempt to lower the corporate tax rate to 22.5% or even 20% later on, but now I attempt to keep a positive budget.
Generally doing business in Saudi is quite cheap, with a low minimum wage (even lower for expats) and a 0% VAT. I am also attempting to make business easy in Saudi Arabia to encourage new native companies.
