Business Setup in NEOM

The Future is Here. Establish your business in the world's most ambitious smart city and innovation hub.

Why Start a Business in NEOM?

NEOM is a $500 billion mega-city project in northwestern Saudi Arabia. It's a special economic zone designed to be a global hub for innovation, technology, and sustainability.

  • Future City: World's most advanced smart city with cutting-edge technology.
  • Special Economic Zone: Unique regulatory framework and incentives.
  • 100% Foreign Ownership: Full ownership with no local partner required.
  • Tax Benefits: Competitive tax regime and financial incentives.
NEOM Future City

Choose Your License Type

Technology License

For tech startups and innovation companies.

Key Benefits:

  • AI and robotics
  • Biotech and life sciences
  • Clean energy technology
  • Innovation incentives
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Tourism License

For hospitality and tourism ventures.

Key Benefits:

  • Luxury resorts
  • Eco-tourism
  • Adventure tourism
  • Entertainment venues
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Renewable Energy

For clean energy and sustainability projects.

Key Benefits:

  • Solar and wind energy
  • Green hydrogen
  • Sustainability consulting
  • Government support
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Your Journey to Business Setup

1

NEOM License Application

Apply for a license through NEOM's special economic zone authority.

2

Business Plan Review

Submit your business plan for review and approval.

3

Facility Setup

Secure office or facility space in NEOM's designated zones.

4

Registration & Banking

Complete registration and open corporate bank account.

5

Visa & Operations

Process visas and commence operations in NEOM.

Key Sectors in NEOM

Technology & AI

Innovation Hub

Cutting-edge technology and artificial intelligence.

Renewable Energy

Sustainability

100% renewable energy powered city.

Biotechnology

Life Sciences

Advanced biotech and healthcare research.

Tourism

Luxury & Adventure

World-class tourism and entertainment.

Media & Entertainment

Creative Industries

Film production and creative content.

Advanced Manufacturing

Industry 4.0

Smart manufacturing and robotics.

Why Invest in NEOM?

Innovation First

World's most advanced smart city with cutting-edge infrastructure.

Special Incentives

Unique regulatory framework with competitive tax benefits.

Global Vision

Part of Vision 2030's most ambitious project.

Frequently Asked Questions

What is NEOM?

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NEOM is a $500 billion mega-city project in northwestern Saudi Arabia, designed to be a global hub for innovation, technology, and sustainability.

What are the main advantages of NEOM?

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Special economic zone status, 100% foreign ownership, competitive tax regime, cutting-edge infrastructure, and focus on innovation and sustainability.

What industries is NEOM focused on?

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Technology, renewable energy, biotechnology, tourism, media & entertainment, and advanced manufacturing.

Can I own 100% of my company in NEOM?

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Yes, NEOM allows 100% foreign ownership across all sectors without requiring a local partner.

How do I apply for a NEOM license?

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Applications are submitted through NEOM's special economic zone authority. Contact us for assistance with the application process.

Ready to Start Your Business in NEOM?

Get a free consultation with our NEOM setup experts.

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