
Local content
Definition of Local Content Utilizing national resources and capabilities in products, services, and projects, including human capital, materials, and local technologies. With the aim of strengthening the national economy, supporting local companies, and stimulating innovation and investment within the Kingdom.
The Saudi local content system seeks to support the national economy and encourage companies to rely on domestic resources and talent. The significance of this system lies in enhancing the competitiveness of Saudi companies, protecting their rights, and ensuring their compliance with approved legal standards.”
The Importance of Local Content in Saudi Arabia
Local content is considered one of the fundamental pillars that the Kingdom focuses on to achieve Vision 2030. It does so by enabling legal and industrial companies to benefit from domestic resources, supporting national projects, and contributing to the creation of new job opportunities.
According to the system, companies are required to commit to a certain percentage of local content in their contracts and projects. This ensures the promotion of local investment, reduces dependency on external suppliers, and stimulates domestic innovation.
Legal firms play a pivotal role in this context, through:
- Providing legal consultations to ensure companies comply with the required local content percentage.
- Structuring and drafting contracts and agreements to align with regulatory requirements while ensuring the protection of all parties’ rights.
- Advocating on behalf of companies before official authorities to ensure full compliance with Saudi laws and regulatory frameworks.
Through compliance with local content requirements, your company can unlock growth opportunities, safeguard its investments, and actively contribute to the Kingdom’s economic development. At Etqan Al Mutamayyiza Law Firm & Legal Consultations, we deliver end-to-end expertise to secure your compliance with the Saudi local content framework while empowering your legal strategies with precision and professionalism.
