Feb 1, 2023 1 min read

Qatar – Change in Social Security Contribution Rates for GCC nationals

Article Navigation

The General Retirement and Social Insurance Authority (GRSIA) of Qatar has announced changes in the Social Security and Pension Law with updated contribution rates applicable to private sector employees in Qatar, effective from 3 January 2023. The updated employee and employer rates with a comparison to the previous period rates along with the basis of calculation have been summarized below:

NEW RATES effective from 3 Jan 2023OLD RATES prior to 3 Jan 2023
NationalityEmployee RateEmployer RateBasis of calculationEmployee RateEmployer RateBasis of calculation
UAE6%14%Basic salary + Social allowance + Housing allowance*10%10%Basic salary + Social allowance
20%-Other allowances20%-Housing allowance + Other allowances
Kuwait7.5%11%Basic salary + Social allowance + Housing allowance*8.5%10%Basic salary + Social allowance
18.5%-Other allowances (applicable only if Gross salary not exceed KWD 2,750 and not less than KWD 230)18.5%-Housing allowance + Other allowances (applicable only if Gross salary not exceed KWD 2,750 and not less than KWD 230)
2.5%-Gross salary (maximum KWD 1,500)2.5%-Gross salary (maximum KWD 1,500)
Saudi9%9%Basic salary + Housing allowance*9%9%Basic salary
---18%-Housing allowance
Oman7%10.5%Basic salary + Social allowance + Housing allowance*7.5%10%Basic salary + Social allowance
Bahrain7%12%Basic salary + Social allowance + Housing allowance*7%10%Basic salary + Social allowance
19%-Other allowances17%-Housing allowance + Other allowances

* Please note that the Housing Allowance amount shall be restricted to QAR 6,000 per month for the calculation of employer contribution. The amount in excess of the capping limit mentioned above shall be borne by the employee.

Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change

Mercans Recommend

View PDF

New contribution rates for GCC Nationals in Qatar effective January 03,2022
Size

1,001.59 KB

Article Navigation

Most viewed posts

View all posts

South Africa Announce Changes to its Income Tax Law

Starting this March, these changes include adjustments to the minimum wage, OID maximum earnings limit, subsistence allowances, and annual tax rebates and thresholds.

Mar 9, 2023 2 min read

The Power of Organizational Agility in Global Payroll: A Guide to S...

A Guide to SaaS Technology and Outsourcing Tradeoffs Steve Goldberg Global HCM & HR Tech Advisor The What, Why and How of Organizational Agility Let’s start with a practical definition of organizational agility and highlight a few surr

Feb 24, 2023 10 min read

The Basics of IR35: What it is, How it Works, and How it Affects Bu...

If you're a business owner or a worker in the UK, it's essential to know about IR35. Through this article, get a concise overview of IR35, including its definition, operation, and impact on both businesses and workers.

Feb 23, 2023 4 min read

The Perfect Global Payroll SaaS Suite for Modern Businesses –...

Discover the ins and outs of payroll systems, the distinction between payroll SaaS and outsourcing, and important factors to consider when purchasing payroll software.

Feb 9, 2023 11 min read

Mercans Adds Thought Leader Pete Tilakos to its Board

Pete is a renowned global payroll product strategy leader, HR industry analyst, advisor, and thought leader.

Feb 8, 2023 2 min read

Dubai Multi Commodities Centre (DMCC) Mandates Wages Protection Sys...

This will enable DMCC member companies to pay employees’ wages via banks, exchange houses, and financial institutions approved by the UAE Central Bank.

Feb 8, 2023 1 min read