In Saudi Arabia, the local content requirements are an essential part of economic policies and pivotal to the country’s economic growth and diversification strategy. Local content refers to the total expenditure through the participation of Saudi elements in labour, goods, services, and productive and technological assets
Local Content Requirements
Local content requirements are defined as a set of rules and regulations imposed by the Saudi government to ensure a certain percentage of local content in business activities and projects. This measure aims to support the local economy and encourage companies to invest in the Kingdom
How to Comply with Local Content Requirements
Companies must provide a certain percentage of local content in their activities and projects. This percentage is determined according to the rules and regulations set by relevant government authorities within Saudi Arabia. By complying with these requirements, companies can benefit from the support and facilities provided by the government to enhance their growth and expand their business scope
Elements of Local Content Evaluation include: