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Can you sit on a board there?

Pick a market. You get the residency test, the nationality test, the work-authorisation position, the appointment steps in order, and the frictions that actually delay appointments — each cited to the instrument that creates it.

Approval or registration requiredSA

Foreign nationals serve on Saudi boards, and the framework does not bar it — but sector licensing, the four-year election cycle and, for regulated firms, SAMA or CMA approval shape the route in.

Residency test
No general residency requirement for a non-executive director of a listed joint stock company; some regulated sectors and executive roles do carry residency conditions.
Nationality test
Certain licensed and strategic activities carry Saudi-national requirements at board or management level. Check the sector's licensing conditions before assuming the general position applies.
Work authorisation
A non-resident non-executive director attending board meetings travels on a business visit visa. Resident and executive roles require an iqama and are subject to Saudization requirements.
Board language
Statutory documents and general-assembly process are in Arabic; board discussion at internationally owned entities is often in English.
Tenure limit once appointed
Board terms are limited to four years and are renewable. Independence is reassessed each cycle against the CMA's criteria rather than capped by cumulative years.
Time commitment
Boards typically meet four to six times a year, with committee cycles and a general assembly; giga-project and transformation entities meet considerably more often.
What a seat pays
SAR 200,000 – 500,000 a year for an independent director of a Tadawul-listed company, with banks and the largest groups above that.
Tax on your fees
There is no personal income tax in Saudi Arabia on directors' fees for individuals. Withholding tax can apply to payments to non-resident parties depending on characterisation — take advice before invoicing through an entity.

The appointment steps, in order

  1. 1Nomination and election by the general assembly, within the four-year board cycle
  2. 2CMA disclosure of the board's composition and each member's classification as executive, non-executive or independent
  3. 3For a bank, insurer or finance company, SAMA fit-and-proper approval before the appointment takes effect
  4. 4For a capital-market institution, CMA approval of the relevant registered person or board appointment

What actually gets in the way

  • The four-year cycle means appointments cluster; entering mid-cycle usually requires a casual vacancy
  • Arabic is the language of statutory documents, and general-assembly process is conducted in Arabic
  • Saudization requirements shape senior appointments, and are a real consideration in how a board composes itself

The instruments behind these answers

  • Companies Law (Royal Decree M/132 of 2022) The modernised corporate statute, in force since January 2023, governing company forms, board duties, and shareholder rights. (Kingdom of Saudi Arabia)
  • CMA Corporate Governance Regulations Art. 16 The board must have between three and eleven members, a majority non-executive, and independent directors numbering not fewer than two or one-third of the board, whichever is greater. (Capital Market Authority)
  • CMA Corporate Governance Regulations Audit committee provisions The audit committee must have between three and five members, must include at least one independent director, and may not include an executive director; its chair may not be the board chairman. (Capital Market Authority)
  • CMA Corporate Governance Regulations Board term A board term may not exceed four years, after which directors stand for re-election. Independence is reassessed on each cycle. (Capital Market Authority)

Reviewed against primary sources in August 2026. This is governance decision-support, not legal or tax advice. Rules change and transitional provisions frequently apply — verify against the primary instrument before you rely on it.

Eligibility is only the first question

Being allowed to sit on a board there is not the same as being read for one.

The mobility index answers the second question: whether your record is legible to a board in that market, whether you hold what it is currently short of, and whether you can do the job in the language its board works in.