Ahsan Abdullah believes now is the time for investors and entrepreneurs to enter the Saudi market. As an entrepreneur himself whose firm advises hundreds of companies in over 7 countries, when Ahsan speaks, investors listen. Episode 8 of Success Saudi Podcast features Ahsan Abdullah, co-founder and director of Tass and Hamjit, a a multi-service firm offering a broad range of services in financial consultings, audit, tax and compliances, data analytics and legal domains. In this wide-ranging interview, we cover frequently asked questions by entrepreneurs and investors in KSA, including: - Different ways to set up a business in Saudi - Benefits for foreign companies - Common investor concerns - Current incentives for the manufacturing sector - Clarification on the Regional Headquarters Program Tax Holiday - Why multinational companies doing business in KSA should be concerned if they don't have an RHQ License at this point - Ahsan's key to success in Saudi and other markets Ahsan Abdullah has a talent for articulating industry jargon in layman's terms. I learned a lot from this interview, and it's apparent why Tass and Hamjit's services are highly sought after, and the firm is growing so quickly. ------------- Timestamps: 0:00 - Intro 01:34 - What are the ways for foreigners to start a business in KSA? 03:31 - What is the "Entrepreneurial License" and how to get one? 06:38 - Can you start a business in KSA if you don't have one established in a different country? 08:00 - What are the benefits for foreign investors? 11:28 - What are some common concerns you hear from potential investors? 13:06 - What are the nuances of doing business in KSA? 14:57 - Can you hold an Iqama & a foreign investment license at the same time? 16:28 - Updates about the regional headquarters program 19:51 - How will Saudi incentivize the manufacturing center to promote Saudi-made products? 22:16 - What does Saudization mean for business in KSA? 24:20 - How are companies finding local talent? 25:13 - What are the advantages of a joint venture in KSA? 28:05 - How good is the payment cycle for KSA in business? 29:27 - What are the compliances that need to be taken care of when doing business in KSA? 31:20 - Can you touch on the economic growth in terms of Riyadh Expo 2030 & the Fifa World Cup in 2034? 32:52 - What has helped you to be a successful entrepreneur in general and in KSA? 35:22 - Do you have any advice about collaboration with either government or private entities? 39:13 - What is Tass & Hamjits' competitive advantage? 41:09 - What message do you have for aspiring entrepreneurs in KSA? ---------- Find out more about Tass & Hamjit here: https://www.tasshamjit.com/ Special thanks to Fairmont Riyadh for hosting this episode of Success Saudi.