Saudi Arabia’s rapid governmental updates have impacted companies operating in the Kingdom down to the employee level. Human resource departments have had to rapidly adapt to implement changes. In recent years, there have been updates to many regulations including Saudization, TAQAT, Nitaqat, GOSI and block visas.
However, many of the updates have been positive such as the government offering improved services through a more convenient e-service option which provides faster approvals.
The introduction of e-services in the Kingdom has made government services more efficient by decreasing delays that were present due to manual processing. Now, many e-services deliver confirmations in as little as a few minutes. Some of the recently introduced e-services include the employee contract registrations, e-approval of sick leave and the profession amendment e-service.
How companies deal with ministries
As company’s communication with ministries becomes increasingly digital, the need to visit physical offices decreases. E-services and online portals store data that companies need, such as contracts, employee data or wages, giving them access to more reliable, transparent and accurate information; increasing trust between the private sector and government.
Companies who are non compliant can face penalties, however, the simplification of processes has resulted in higher levels of compliance due to ease of use.
How can companies handle updates?
With the government working to create a more attractive market for companies, many changes are to be expected, and being able to respond proactively to updates is beneficial. Human resource departments can ensure compliance through frequent checking of regulatory updates from government ministries, assessing how changes will impact the business, creating a strategy to implement the change and execution.
The governmental updates improving the business environment for foreign investors in the Kingdom is creating ease for companies to operate. The introduction of online portals and services makes processes more efficient, timely and reliable for companies. We can expect further improvements from the Saudi government as they continue to reach their Vision 2030 objective of creating an attractive market for foreign and local investors.
Founded by Saudi Nationals Zaid Al Mashari and Naif Al Otaibi in 2009, PROVEN SA delivers business solutions to companies currently operating in or looking to branch out into KSA. PROVEN SA is a specialist in corporate immigration, employee outsourcing and recruitment, Providing international companies with advanced regional insight and the necessary tools to successfully do business within the Kingdoms burgeoning markets. Due to an increase in international interest, PROVEN SA expanded out of Saudi in 2016, and now holds offices in Riyadh, Dubai, Dallas and London.
Telephone: +971 4 4508 208 / +966 (11) 411 1127
Linkedin: Proven SA
For more information
Alexis Aboagye - Marketing Executive
+971 4 450 8208
© Press Release 2019