Recent news

Those who have irregularities in their income tax declarations now have until the end of the year to make an amended declaration …

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Saudi Arabia raised the mandatory retirement age on 3rd July 2024 to 65 from 60, although it will only happen in stages – starting with an extra four months this year …

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Labour disputes may now be handled through submission via the Human Resources and Social Development Ministry’s website …

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The number of Saudi men and women who are benefiting from the flexible work system has exceeded more than 35,000 since its launch …

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Establishments with 50 or more workers have until 30th July 2024 to update data concerning their branch locations through the “establishment location Management” service – available through the Qiwa platform …

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Under current legislation, the number of foreign nationals a company may hire depends on their Nitaqat level (i …

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New targets now apply in the private sector aviation industry …

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The law is aimed at protecting individuals who come under threat of revenge, intimidation or assault for giving evidence, or for being called to give evidence, in court that exposes corporate wrongdoing …

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Under the Regional Headquarters program (RHQ) tax rules, entities established in Saudi Arabia that meet certain criteria are granted a 30-year renewable tax incentive of 0% corporate income tax (CIT) and 0% withholding tax (WHT) on nonresident dividends and payments for services that are necessary for the RHQ’s activities …

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Back in September 2023 we predicted that there would be a coming requirement for employers to disclose training data, with private sector companies employing 50 or more workers being obliged to report their training data annually through the Qiwa platform …

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The decision to localize 25% of engineering professional positions in the private sector will apply to establishments that employ at least five workers in such jobs …

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According to a latest report released by the Saudi General Authority for Statistics (GASTAT), 45 …

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The Insurance Authority is planning to Saudize all jobs related to sales of insurance products from 15th April 2024 …

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According to the amended table of violations and penalties, the penalty for the late payment of wages and allowances of workers has now been fixed at SR300 for each worker, regardless of the size of their establishment …

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An economic transformation is taking place in Saudi Arabia in the face of the World’s decreasing reliance on oil …

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