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Business Setup Saudi Arabia
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How to comply with anti-concealment law

The anti-concealment law has been a significant concern by foreign investors regarding their business future. It has been a part of the national program to combat commercial concealment by the Ministry of Commerce.

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Global Resource Management
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The successful customer retention tactics your business should follow

In today’s era, many leading businesses are putting more effort into retaining a client over acquiring new clients. While attracting new consumers has its appeal, maintaining existing consumers will yield a higher ROI over time – and it will cost 5 to 25 times less. However, it is often easier to say so than act, especially in today’s competitive digital age.

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Corporate Immigration Saudi Arabia
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Accounting Nationalization: Welcome move to achieve long-term benefits

Following the footsteps of the retail and engineering professions, the Ministry of Human Resources and Social Development in Saudi Arabia has implemented 30% localization of the accounting profession in line with Vision 2030, which came into effect on 12 June 2021. The Nationalization Scheme, or Nitaqat, is a policy adopted by the Ministry of Labour that requires Saudi enterprises to hire local people on a quota basis. The government aims to create more than 9,800 jobs in the private sector by localizing jobs in this profession. This article will dive into details in the Saudization plan, how the government is facilitating it, and what needs to be done to achieve the goal. 

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HXM Solutions
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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. 

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Corporate Immigration Saudi Arabia
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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.  

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News
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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.  

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Business Setup Saudi Arabia
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Fasah – An Integrated E-System in Saudi Customs

Fasah Saudi Arabia is an integrated e-system platform that was launched by TABADUL with the vision of building a bridge between all organizations involved in the import and export process by bringing it under one roof.

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Business Setup Saudi Arabia
PROVEN

A Guide Through What is Muqeem Portal

Muqeem Portal (also known as Al Muqeem) is a digital portal created to facilitate official documentation processes for Saudi Arabia residents and provide data for employers on their resident workers, as well as perform various transactions. The portal is one of many digital services provided by Elm, a Saudi entity owned by the Saudi Public Investment Fund (PIF).

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Business Setup Saudi Arabia
PROVEN

What is GOSI in Saudi Arabia: Everything you need to know

The Government Organization for Social Insurance (GOSI in Saudi Arabia) is a premium government institution in Saudi Arabia that deals with social insurance in the country. Headquartered in Riyadh, GOSI is a financially and administratively independent organization that is supervised by a board of thirteen directors. The board of directors consists of insured persons, employers as well as officials from government departments. Since its inception in 1973, GOSI has constantly worked towards improving social insurance benefits meted out to the contributors and their family members. 

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