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The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
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Globalisation and company growth ambitions are driving an increase in transactions activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer-term strategic goals.
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Blog The Role of Tax in Driving Saudi Arabia’s Non-Oil Economy: Unlocking Opportunities in Emerging Sectors

In recent years, the Kingdom of Saudi Arabia (KSA) has embarked on a transformative journey to diversify its economy, reducing its dependence on oil revenues. With Vision 2030 as a guiding framework, the nation actively explores opportunities across various non-oil sectors, such as technology, tourism, and logistics. Tax policies and incentives are central to this ambitious agenda, and they are increasingly seen as pivotal tools for stimulating growth and attracting investment in these emerging sectors. This article examines how the Kingdom's tax landscape is evolving to support its non-oil economy and unlock opportunities for domestic and foreign investors.

| 4 min read | 08 Nov 2024

Assurance

We have the scope, depth, and global reach to serve businesses who are positioned to thrive in Saudi Arabia. Our team provide you with assurance services that...

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We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.

Zakat and Tax

Our experienced tax team not only support core compliance but are at the leading edge of transformation and operational resilience in respect of the tax...

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Energy & natural resources

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Financial services

Optimism is slowly returning to the global economy, but the financial services industry needs to regain the trust of public and private bodies. To succeed,...

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Consumer products

Emerging markets and shifting consumer demand are creating new opportunities in consumer products, with business leaders investing in new products, markets and...

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Dynamic businesses need to move with speed and purpose if they want to capitalise on opportunities in travel, tourism & leisure. At Grant Thornton, we know...

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Demographic, organisational and resourcing issues are radically changing the global healthcare industry. Worldwide, we have a long and varied list of clients,...

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We work with all types of agencies, including central and state government, local government, donors (including bilateral and multilateral international...

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Real estate & construction

While the impact of the prolonged downturn continues to be felt, pockets of opportunity and optimism have emerged within the retail estate and construction...

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Technology, media & telecommunications

Rapid change and complexity are norms, and innovation the fuel in the technology industry. Today’s revolutions – including cloud, as-a-service, social media...

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GrowthiQ

GrowthiQ - edition 5

01 Jun 2016

Welcome to the fifth edition of GrowthiQ, our digital publication that provides practical solutions to the challenges facing leaders of dynamic businesses. Below you will find a range of articles that we hope you will find insightful.

To speak a Grant Thornton specialist contact us.

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GrowthiQ - edition 5

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GrowthiQ - edition 5

How to compete through your supply chain

Are you getting the best from your lender?

Why failure can be good for your business

Steering your company to long-term success

What healthcare can teach us about big data

What Candy Crush can teach you about diversity