A joint venture (JV) in Saudi Arabia is a business structure in which a foreign company partners with a Saudi entity — whether a Saudi national, a Saudi company or a government body — to establish a jointly owned enterprise. JVs are used to access restricted sectors, leverage local market knowledge, meet Saudization requirements more effectively or fulfill government tender eligibility criteria. Each party contributes capital, assets or expertise in exchange for a share of profits and governance rights. JVs must be registered with MISA and the Ministry of Commerce and governed by a JV agreement compliant with Saudi Company Law. Inclusive Solutions advises on JV structure and establishment.