Tentmaker Reports

Saudi Arabia Report

Entrepreneurial Missions Index


General Information


28,828,870 (43rd most populous country in the world)



Crude oil production, petroleum refining, basic petrochemicals, ammonia, industrial gases, sodium hydroxide, cement, fertilizers, plastics, metals, commercial ship repair, commercial aircraft repair, construction

Unless otherwise noted, all information included here was obtained from the World Factbook project 4, conducted by the Central Intelligence Agency (CIA). For more detailed information about Saudi Arabia, visit https://www.cia.gov/library/publications/the-world-factbook/geos/sa.html.

Business Information

The World Bank ranks Saudi Arabia as 44 out of 183 economies in terms of ease of doing business. The country ranks as 0 (of 183) in terms of ease of starting a business.

It requires 0 procedures, takes 0 days, and costs N/A% of income per capita to start a business in Saudi Arabia.

In order to start a business in Saudi Arabia, one must follow these procedures:

  1. Register at the Unified Registry / Ministry of Commerce and Industry
  2. Open bank account
  3. Register with the Department of Zakat and Income Tax (DZIT) to obtain a file number and a certificate of commencement of business
  4. Register employer and employees for the General Organization of Social Insurance (GOSI) contributions online

Unless otherwise noted, all information included here was obtained from the Doing Business project 3, conducted by the World Bank. For more detailed information about starting a business in Saudi Arabia, visit http://www.doingbusiness.org/.


To learn more...


Saudi Arabia Economic Freedom

The World Economic Forum (WEF) was founded in 1971 by Klaus Martin Schwab at the University of Geneva in Switzerland.  It is a non-profit foundation best known for its annual meeting in Davos, Switzerland, which brings together top business leaders, international political leaders, selected intellectuals and journalists to discuss both economic and social issues facing the world.  The WEF also serves as a think tank, and publishes a wide range of reports focusing on issues of concern and importance to Forum communities. In particular, Strategic Insight Teams focus on producing reports of relevance in the fields of competitiveness, global risks and scenario thinking.  The Global Competitiveness Report measures competitiveness of countries and economic competitiveness among a wide range of factors such as corruption, tax rates, work ethic, and many others.

Saudi Arabia Summary


1 World Economic Forum

2 Free the World
Gwartney, James and Robert Lawson with Herbert Grubel, Jakob de Haan, Jan-Egbert Sturm, and Eelco Zandberg (2009). Economic Freedom of the World: 2009 Annual Report. Vancouver, BC: The Fraser Institute. Data retrieved from www.freetheworld.com.

3 World Bank Data

4 World Factbook Project

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