Reasons why outsourcing payroll creates value for your business
Read this blog to get a detailed understanding of how outsourcing payroll creates value for your organization by optimizing the process.
Decoding Payroll: Demand Drivers, Challenges, Market Trends
Read this blog to know about payroll, demand drivers, challenges, market trends, and how outsourcing payroll helps businesses overcome the challenges.
The Young Country: The Rise of the Emirates
In this paper, we will walk through the journey of the 50-year young country, the UAE, its economic diversification, and its rise to becoming a global tycoon. Located at the center of the world map, we bring to you the Emirates, the brightest star in the constellation.
KSA Tourist Visa Guide: Everything you need to know
Saudi Arabia has opened its borders to the outside world with the newly introduced tourist visa. Saudi Arabia offers visitors a chance to discover and experience warm hospitality, a rich culture, a diverse heritage, and breathtaking landscape views. The government plans to expand the tourist market beyond religious pilgrims to diversify the Saudi economy beyond oil revenues.
Why is Bookkeeping Important for Business
When businesses are formed, the process involves the investment of capital, precious time, human power, and innovative ideas. All of these factors, put together, create the perfect recipe for a successful organizational model. The Saudi Arabian business community is built on smart strategies, sound financial operations, and technological integration.
Saudi Arabia introduces Labor Reform Initiative
In the 1950s, the sponsorship program (Kafalah in Arabic) emerged to regulate contractors’ and workers’ relationships. Under Kafalah, a migrant worker's immigration status was bound to a sponsor (Kafeel in Arabic) for a certain period. Over the period, the employer was given extensive rights regarding the mobility of migrant workers. The expat was permitted to work within the Kingdom as per the agreement with the sponsoring employer. However, they could not transfer or change the employer or leave the country without obtaining written permission from their current employer. Besides the government, only the sponsor had the authority to secure the worker's residency and work permits and cancel such permits. The employer was expected to report to the immigration authorities if the migrant worker had quit his/her job to confirm that they had returned to their home country after the employment period's termination. If a worker was reported as absconding to the authorities, the worker might get deported to their home country.
Taqat – Saudi Arabia’s Employment Support Program
Also called the National Labor Gateway, Taqat is one of Saudi Arabia’s touted employment support programs. This joint initiative was launched by the Ministry of Labor and Social Development (MLSD), the Human Resources Development Fund (HRDF), and the Ministry of Civil Service. The vision behind the launch of the e-platform was to create a comprehensive e-platform wherein job seekers are facilitated with a wide range of employment opportunities and services. This platform makes a significant contribution to bridging the gap between employers and employees while ensuring that workers from the private as well as the public sectors enjoy the same benefits. Furthermore, the launch of Taqat has given way to a more streamlined, organized way of operation of the Saudi labor market.
Everything you need to know about MOMRA
The Ministry of Municipal and Rural Affairs (MOMRA) was incepted in 1975 to implement provisions for the infrastructural development of the Kingdom of Saudi Arabia (KSA). An integral part of the government of Saudi Arabia, MOMRA is responsible for the construction of roads and providing essential equipment, rural development, beautification of cities, as well as ensuring that health and cleanliness standards are maintained across the region. The ultimate aim of MOMRA is to attain urban sustainability and offer top-class municipality services across all of the regions in KSA.
The 2021 Guide to Doing Business in Saudi Arabia
Foreign investors interested in pursuing the lively business culture of Saudi Arabia often find the initial steps challenging. From language barriers, cultural differences and technical requirements, Saudi market entry is a fine process. In collaboration with the Proven Operations team, the Content Team at Proven has put together a detailed guide featuring everything you need to know about Saudi Arabia market entry, entity incorporation, labor market and legal.
Chamber of Commerce in Saudi Arabia
The Chamber of Commerce is one of the earliest and deep-rooted service organizations in Saudi Arabia. It emerged intending to build a strong foundation of commercial confederation among people in a business devoted to the cause of advertisement of the private sector contribution to the economy. Saudi's Chamber of Commerce has formulated several promotional and development services to render aid to the private sector initiatives in industry, trade, and services.
