Tabuk Province · $500B development · regulatory SEZ

Business setup
in NEOM.

NEOM isn't a city you set up in like Riyadh or Jeddah. It's a Special Economic Zone with its own regulatory framework — different tax rules (5% corporate tax cap, 0% personal income tax), bespoke immigration, dedicated NEOM Authority for permits. Sub-projects include The Line (linear city), Trojena (mountain destination), Sindalah (luxury island), Oxagon (industrial). Setup here makes sense if you're a vendor to NEOM, building inside one of its sub-projects, or running tourism/hospitality serving its visitor flows.

NEOM advantages

Why founders pick NEOM.

The honest local advantages — what NEOM actually offers vs other Saudi cities.

  • NEOM Special Economic Zone — corporate tax capped at 5% (vs 20% standard KSA rate)
  • 0% personal income tax for NEOM residents (otherwise zero PIT applies KSA-wide anyway, but NEOM codifies it)
  • Bespoke immigration regime — NEOM-specific work visas, faster processing
  • NEOM Authority — dedicated regulator, faster approvals than MISA for NEOM-relevant activities
  • Procurement preference for NEOM-incorporated suppliers to NEOM projects (massive ongoing demand)
  • Tabuk International Airport (TUU) + Sharma airport upgrade — direct access
All cities, same prices

NEOM setup, published rates.

Government fees are uniform across the Kingdom. Our service tiers don't change by city.

Market Entry

Solo founder

SAR36,999

One-time

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Most popular
Operate & Comply

First year ops

SAR65,000

Year 1 · Renewal SAR 39,000

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Scale & Govern

JSC, RHQ, multi-entity

SAR120,000+

From

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NEOM FAQ

Local questions.

Depends on your customer. Selling TO NEOM projects: setup inside NEOM gets procurement preference. Selling TO Saudi market broadly with NEOM as one customer: standard MISA license is more flexible. We've structured both — book a discovery call.

Faster than standard KSA — NEOM Authority targets sub-30-day setup for qualifying entities. But the eligibility screening is stricter (your activity must align with NEOM's master plan).

Yes, but conditional. The 5% corporate tax cap applies to NEOM-zone activities. Operations outside NEOM (revenue from KSA-wide sales) are taxed at standard rates. Need careful structuring to capture the benefit.

Partially. The Line is in early construction phase. Sindalah opened in 2024. Oxagon is operational for industrial tenants. Trojena is in development. Founders setting up in NEOM today are early — that's both the risk and the opportunity.

Ready to build in NEOM?