Saudization is fundamental to operating a business in Saudi Arabia. The Saudization scheme requires companies to hire a certain number of Saudi nationals depending on the company’s industry and size. Read More
The General Authority of Zakat and Tax (GAZT) has passed the Transfer Pricing Bylaws (TPB). Based on an accepted international framework, the bylaw has been effective since February 15 2019 Read More
Saudi Arabia is rapidly evolving, with Vision 2030 the driving force behind recent reforms, pushing it towards a diversified economy and increasing nationals in the workforce. The Kingdom’s transition away Read More
The Ministry of Labour and Social Development (MLSD) has issued invoices on the amount due on work permits due to an error on the Ministry of Labour (MoL) portal. The Read More
Saudi Arabia aims to reach 70% in e-payments by 2030 as part of the Vision 2030 reform plan. The aim is to shift the Saudi society from a heavy reliance Read More
In the Saudi Arabia, there are many regulations that affect the way companies run their human resource departments such as local employment law, Saudization, GOSI, WPS and Nitaqat. For foreign Read More
Saudi Arabia have launched a $22 billion project in Riyadh to improve the infrastructure, amenities and education in the region. There will be 1,281 development projects, including fifteen housing projects Read More
Saudi Arabia has announced they will contribute $3 billion towards companies in the Kingdom who have struggled to pay expat fees in 2017 and 2018, said the labour minister, Ahmed Read More
Saudi officials are in talks with private sector businesses to see how the government can adjust economic reforms. Government officials said they are open to constructive dialogue with the private Read More
Saudi Arabia launched their ambitious programme to attract $427 billion worth of investments in the industrial and logistics sectors. The 12-year programme has started with the signing of 37 agreements Read More
