The Saudi market present specificities which can be challenging and which can impact your business development. We offer our expertise of the local environment and our network, to guarantee your success in this new market.
BUSINESS CULTURE
Local culture permeates all business aspects
Personal relationships are crucial and time-intensive
Trust-building precedes business discussions
Face-to-face trumps written communication
Saudis want partners who commit locally
LEGAL ENVIRONMENT
"Localization" reigns supreme in Saudi business
High retail license costs necessitate local distributors
Strict rules are required to enter market
E-commerce governed by specific regulations
"Saudization" mandates local employee quotas
MAIN CHALLENGES
Lack of information and data on market
Building local networks is time-consuming
Trustworthy local partners are hard to find
High cost to set up a local business entity
Difficulties to navigate local rules and regulations
Difficulties to build a local team with proper skill