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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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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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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
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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
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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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GOSI: INSURING THE FUTURE OF YOUR COMPANY

The General Organization for Social Insurance (GOSI) carries out the social insurance regulations in Saudi Arabia. GOSI collects contributions from employers, covers social insurance according to the law and pays benefits for insured persons or their families. The organization provides medical treatment, allowances and services for injured or disabled individuals or to the families of insured individuals who are deceased, in which case the death pension is received. 

GOSI calculations vary across employee nationalities with employees split into three main groups, Saudi Nationals, GCC nationals who have varying contributions and other expat workers. For Saudi nationals in the private sector GOSI contributions equal 22% of the maximum monthly applicable earnings (9% each for the employee and employer for pension contributions, 1% each for unemployment contributions and 2% for occupational hazard which is covered by the employer). The monthly earning combines basic salary, housing allowance and commissions. In-kind housing is equivalent to a two-month basic salary divided by twelve months. Meanwhile, minimum salary 1500 SAR will be counted as half Saudi and minimum salary 3000 SAR will be counted as full Saudi.

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Corporate Immigration Saudi Arabia
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Valid Health Insurance Required to Extend Saudi Visit Visa

The Ministry of Interior (Jawazat) announced last week that valid health insurance is mandatory when applying for an extension of duration of stay for Saudi visit visas. Those visiting the Kingdom for Umrah, Haj or on diplomatic visas and visitors to diplomatic missions are exempt.

Visitors to the Kingdom must have valid health insurance documents to extend their stay and it must be renewed before its’ expiry date. The extension must be submitted to the immigration department at least 6 days before duration of stay expiry date to avoid mishaps in linking medical insurance with immigration.

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