RIYADH: Professional services firm PwC has unveiled its new 22,400 sq. meters regional headquarters in Laysen Valley, Riyadh, as the Kingdom’s capital city continues to position itself as a thriving business destination.
The company, in its annual partners’ meeting in Riyadh on Sept.10, also reaffirmed its commitment to Saudi Arabia and said that it is dedicated to working with the Kingdom in various spheres, which include investment in people, innovation, and infrastructure, according to a press statement.
Saudi Arabia’s regional headquarters program has been attracting international firms over the past few years, with 600 international companies, including Northern Trust, IHG Hotels & Resorts, and Deloitte, already establishing their bases in the Kingdom, the Saudi Press Agency reported in March.
The regional HQ program offers a 30-year corporate tax exemption, withholding tax relief, and regulatory support, reflecting efforts to position the Kingdom as a regional business hub and attract multinational corporations to the capital.
“Our regional headquarters in Riyadh is more than just a building; it is an investment in the future. It has been designed to empower our people, enable our clients, and support the Kingdom’s Vision 2030,” said Riyadh Al-Najjar, PwC Middle East chairman of the board and Saudi country senior partner.
