Tag: Saudi Arabia

Saudi Arabia Payroll Outsourcing Alert

Social Insurance Process Changes Announced. Effective from 1 February 2022, the General Organization for Social Insurance (GOSI) has announced the following amendments to the GOSI registration and contributions processes: Contributions for mid-month starte...

Jan 25, 2022 2 min read

Saudi Arabia Payroll Outsourcing Alert

Effective from 1 January 2022, the General Organization for Social Insurance (GOSI) announced changes to employee and employer contribution rates for the unemployment insurance law (SANED) GOSI component by reducing the total SANED contribution from 2% to 1.5%, wit...

Jan 21, 2022 2 min read

Saudi Arabia Payroll Outsourcing Alert

Saudi Arabia – 20% of All Engineering Positions must be filled by Saudi Nationals. The government of Saudi Arabia has announced that, effective from 14 January 2021, all private sector employers with more than four engineering positions must employ at least one ...

Sep 28, 2020 1 min read

Saudi Arabia Payroll Outsourcing Alert

Saudi Arabia – Visas and Iqamas Extended due to COVID-19. On 5 July 2020, the Ministry of Interior for Saudi Arabia announced the below exemptions and extension for visas and residency permits for expatriates: Free of charge extension of final exit visas. ...

Jul 7, 2020 2 min read

Saudi Arabia Payroll Outsourcing Alert

Saudi Arabia – Gradual Easing of Restrictions. The Ministry of Interior for Saudi Arabia, has announced the below five steps for the gradual lifting of the COVID-19 related restrictions. First: From Thursday 5 Shawwal 1441 AH corresponding to 28 May 2020 u...

May 28, 2020 3 min read

Saudi Arabia Payroll Outsourcing Alert

Saudi Arabia – Value Added Tax Increases to 15%. Mercans, a leading KSA payroll outsourcing, PEO/GEO, employee leasing, recruitment and BPO services provider, has published KSA payroll outsourcing alert. Subscribe to Mercans’ KSA payroll outsourcing alerts to ensu...

May 19, 2020 2 min read

Saudi Arabia Payroll Outsourcing Alert

Saudi Arabia – The Government Rolls Out the Next Phase of Wage Protection System (WPS) Mercans, a leading KSA payroll outsourcing, PEO/GEO, employee leasing, recruitment and BPO services provider, has published KSA payroll outsourcing alert. Subscribe to Mercans’ ...

May 10, 2020 6 min read

Executive Regulation Amendment in Saudi Arabia

Saudi Arabia – The Labor Law Amendment to treat COVID-19 as a force majeure. The Ministry of Human Resource and Social Development of Saudi Arabia has issued an amendment to the executive regulation of Saudi Arabian Labor Law by adding the following article (Artic...

Apr 14, 2020 2 min read

Salary Incentives Announced in Saudi Arabia

Saudi Arabia –The Government Announced Salary Incentives for Saudi National Employees The government of Saudi Arabia has announced financial support measures to private sector employers with Saudi national staff. The support program introduced by the Ministry of H...

Apr 3, 2020 2 min read

Tax Stimulus Package in Saudi Arabia

Saudi Arabia – Tax Incentives Introduced to Stimulate Economy and Support Private Sector. Due to the global outbreak of COVID-19, the General Authority of Zakat and Tax (GAZT) of Saudi Arabia has introduced the following initiatives: Monthly VAT returns submi...

Mar 30, 2020 1 min read

Saudi Arabia Payroll Outsourcing Alert

Payroll & HR Insights From a Global Payroll Outsourcing Provider Clarification of the treatment of Company Provided Housing in Saudi Arabia Saudi Arabia’s Ministry of Labour (MOL) introduced the Wage Protections System (WPS) in 2013. All employers with more t...

Feb 19, 2019 5 min read

Saudi Arabia Payroll Outsourcing Alert

Payroll & HR Insights From a Global Payroll Outsourcing Provider The Kingdom of Saudi Arabia Eases Immigration and ‘Saudization’ Rules During January 2019, the government of Saudi Arabia has introduced several changes to its Nitaqat (Saudization) and immigrat...

Feb 19, 2019 2 min read

Saudi Arabia Payroll Outsourcing Alert

Mercans' Saudi Arabia Payroll Outsourcing solutions guarantee compliance. Saudi Arabia payroll outsourcing leader Mercans has issued the following Wage Protection System (WPS) compliance-related alert to the companies operating in Saudi Arabia. Mercans offers lega...

Aug 15, 2018 6 min read

Payroll Outsourcing – Answer to Saudi Arabia WPS Rules

Saudi Arabia’s Ministry of Labor expands the WPS compliance requirements. Consider payroll outsourcing solutions in order to comply with the WPS requirements in Saudi Arabia. The Ministry of Labor has announced that effective from November 1, 2015, all companies w...

Nov 23, 2015 2 min read

Payroll Outsourcing in Saudi Arabia Best Way to Stay Compliant with Labor Law Changes

10 things you need to know about the latest changes in the Saudi Arabian Labor Law. The Ministry of Labor for the Kingdom of Saudi Arabia announced 38 amendments to the Labor Law. These changes went into effect from October 18, 2015. The full text of the amendment...

Nov 7, 2015 3 min read