Cost of doing business

Cost of doing business

Commercial and industrial rents

Inside industrial cities SAR 1 - 2  per square meter per year [US$0.26]
Elsewhere SAR 20 to SAR100 per square meter per year [US$5.33 to US$26.67]

 

Residential rents

Rentals for residential accommodation can vary immensely. Worker accommodation is usually the least expensive but the annual rental for senior management accommodation would likely exceed US$40,000 for a three bedroom furnished villa in a residential compound.

 

Utilities

Electricity
Rate  of industrial consumption of  loads (1000 KwH) or less
Time period

Seasonal Rate

(For plants with electromechanical counters)

Rate

(For plants with digital counters)

Time period Rate ( KwH/H) Time period Rate ( KwH/H)
Oct- April all  the times 12 all times 12
May - Sep



All the times


15

Off-peak time

Sat-Thu :  08:00-00:00
Fri:09:00-00:00
 21:00 - 00:00 -

10

Peak time

Sat-Thu :12:00- 17:00

26
The other times 15
Rate  of industrial consumption of  loads (1000 KwH) or more
Time period

Seasonal Rate

(For plants with electromechanical counters)

Rate

(For plants with digital counters)

Time period Rate ( KwH/H) Time period Rate ( KwH/H)
Oct- April all  the times 14 all times 14 
May - Sep



All the times


15

Off-peak time

Sat-Thu :  08:00-00:00
Fri:09:00-00:00
 21:00 - 00:00 -

10

Peak time

Sat-Thu :12:00- 17:00

26
The other times 15
Water Rising from SAR0.10 [US$0.027] over four further bands to a maximum of SAR6.00 [US$1.6] per cubic meter.

Employee costs

Employee incomes vary according to the status, position and experience of the employee as elsewhere in the world.

In addition 18% General Organization for Social Insurance (GOSI) contribution for annuities is payable (9% by the employer and 9% by the employee), for Saudis employed and 2% for occupational hazards: health insurance, transportation or compensation in lieu of cars for more senior personnel, return tickets to the country of origin and an end of service bonus payment.