King Abdullah Financial District (KAFD)
Riyadh, Saudi Arabia
KAFD is a special financial zone in Riyadh designed to become the Middle East's financial hub. The district spans 1.6 million square meters and includes office, residential, and leisure facilities as part of Saudi Arabia's financial sector development.
Quick Overview
Setup Cost Range
SAR 30,000 - SAR 150,000
Minimum Share Capital
SAR 500,000 for financial services
Visa Quotas
Based on business type and office space
Regulatory Authority
Saudi Arabian General Investment Authority (SAGIA)
Key Benefits
Financial Services Infrastructure
International Business Environment
Modern Office Space
Residential Components
Cultural & Leisure Facilities
Tax Incentives
Industry Focus
Financial Services
Banking
Insurance
Asset Management
Fintech
Professional Services
Allowed Company Types
Limited Liability Company
Joint Stock Company
Branch Office
Representative Office
Licensing Process
Application through SAGIA, Document verification, License approval, Commercial registration within 15-20 working days
Legal Framework
Saudi Arabian Financial Sector Law
Contact Information
Leadership
CEO/Key Spokesperson
Khalid Al-Hussan - CEO
Strategic Location
60 minutes to King Khalid International Airport
Access to major highways