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 Provision of Consultancy Services

Description

  • Reimbursement for the beneficiary to cover costs related to understanding requirements or demand volumes in new markets and preparing market entry/growth strategies.
  • Reimbursement of 55% of the total eligible costs With a maximum cap of SAR 500,000 per year.

Eligible Activities

  • Foreign market entry strategies.
  • Consumer perception surveys.
  • Preparation of international business plans.
  • Diagnostic studies of supply chains.
  • Supply chain strategy.
  • Business network improvement.
  • International product positioning and pricing.
  • Inventory optimization.
  • Business risk management and scenario planning.
  • Supply chain risk management.
  • Procurement strategies (e.g., raw materials).
  • Optimization of transportation routes.
  • Export program management.
  • Enhancing product readiness for international markets, aligning with international quality standards and specifications, and obtaining regulatory compliance certifications for target markets.

Eligibility criteria

The beneficiary must meet the following requirement if the request exceeds SAR 100,000:

  • Completion of the detailed assessment by the Saudi Export Development Authority and justification of the need for the incentive

Required Documents – Initial Approval:

  • Quotation including: requested activities and their costs, the target market for the incentive, the objective of the consultancy project, and other relevant details (e.g., expected duration of service completion, agreed payment option).
  • Commercial Registration extract.
  • Applicant’s ID.
  • Company authorization for the applicant.
  • Statement of expected additional revenues resulting from the incentive.

All required documents for initial approval must be submitted within 30 days from the date of application.

Required Documents – Reimbursement:

  • Invoices in accordance with the approved quotation.
  • Proof of payment for each activity or cost claimed, showing: amount, payment date, details of the source and destination accounts.
  • Copy of the consultancy study/report.
  • Bank IBAN for both the source and destination accounts.
  • Proof of service utilization.
  • Completed incentive form and post-service report form.

All required documents for reimbursement must be submitted within 60 days after service completion.

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