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Employ Candidates Compliantly in Saudi Arabia

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  1. Overview: Saudi Arabia
  2. Global PEO and payroll
  3. Global HR Compliance
  4. Work permit for hiring expats via PEO
  5. Expand without a company set up
  6. Contractor vs. employee: which is better?
  7. Global Payroll Calculator
Other counrtries

Employer of Record in Saudi Arabia

What Is a Global Employer of Record?

An organisation that allows employers to hire employees in other countries is the Global Employer of Record (GEOR). The global Employer of record service provider handles all aspects of the foreign employment process, from ensuring compliance with local labour laws to managing payroll and benefits and providing HR support.

As a business expands into new international markets, it may need to hire employees in countries where it has no physical presence. An EOR, or global employer of record, is a cost-effective and compliance risk-free way to add employees in new markets without having to establish an entity in a foreign country.

A Global Employer of Record is an excellent way for a business to shield itself from the administrative burden of HR. The most common GEO services include payroll, tax filing, benefits administration, and workers’ compensation coverage; however, other crucial functions include compliance monitoring, policy development, and training administration. A PEO provides its clients with invaluable flexibility and cost savings helping make the day-to-day management of your accounts payable much easier while saving you valuable time!

How Does a Global Employer of Record Work?

If you’re looking to do business in a foreign country, it’s essential to ensure you comply with local payroll laws. This is where an Employer of Record (EOR) can help. An Employer of Record (EOR) can act on your behalf to manage local employee-related matters such as payroll, tax deductions, and onboarding of new hires.

An EOR can provide a registered entity for running a local, compliant payroll, managing payroll taxes, benefits, compensations, deductions, social insurance, and employee information. An Employer of Record can guide you on the host country’s required notice periods, termination rules, and severance pays, saving thousands of dollars in lawsuits while freeing up HR from repetitive tasks.

With a global EOR partner, you can ensure that your business operates smoothly and legally in your new country of choice.

Global Employment Services in Saudi Arabia

Businesses in the process of expanding globally often face challenges when it comes to compliantly onboarding employees in foreign countries. In most cases, legal compliance requires establishing a legal in-country business entity, a complex, costly and time-consuming process that many employers are not ready to undertake in Saudi Arabia.

To help your organization legally onboard and payroll a workforce in Saudi Arabia, Acumen International offers a global employment solution via our Global Employer of Record (EOR) designed to help you circumvent the legalities of direct hiring, eliminating the need for you to establish a legal entity in Saudi Arabia to conduct business there.

1. Recruitment

2. Global Mobility

3. Checks

4. Onboarding

5. Payroll Administration

6. Working Time & PTO Processing

7. Benefits Administration

8. Tax Administration & Reporting

Offboarding

Talent skilled in highly-specialized areas Employee Work Visa and Work Permit sponsorship Health checks Employment Agreement drafting In-country registration with statutory bodies Working hours Mandatory Benefits Tax Reporting frequency and requirements; Employment agreement termination:
Executive search Dependent Visa Criminal record checks Compliant worker onboarding on your behalf Day-to-day payroll management Overtime Health insurance Employer taxes & contributions Dismissal – by the employer
Contingency workforce Visa extension Background checks Account setup in the payroll and HR system​ Monthly pay slips or other pay frequency Public holidays Workers’ compensation Employee taxes & contributions Resignation – by the employee
Application for a sponsor license for a foreign national Education checks Employee data entry and records maintenance Accruals Annual leave Unemployment insurance Withholding tax Termination by mutual agreement
Relocation assistance Managing probation periods Allowances Parental leave Voluntary Benefits Local tax payments and reporting to local authorities Notice period handling
13th and 14th salary Sick leave Share plans for executives End of financial year reporting Final settlement & severance payments
Additional leave Bonuses & Equipment provision De-registration with statutory bodies
Expenses reimbursement & business trip processing
Health insurance, dental treatment

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Global EOR Helps Test Foreign Markets without Local Incorporation

As a business owner, you may feel overwhelmed by the tax implications of expanding your business overseas. However, new ideas exist to reduce complexity and ease the burden on busy entrepreneurs. In this article, we’ll explore some of the best ways to reduce the complexity of tax planning for international expansion.

If you’re thinking about using a Global Employer of Record (EOR) talent engagement model for your business, it’s becoming increasingly popular. Here’s how it works: a third-party company operates a local entity in each jurisdiction where it offers services. This can be a great way to comply with various laws and regulations.

Here’s how the Employer of Record arrangement works. A new business owner approaches a global EOR company to hire a remote worker based in a different jurisdiction. Rather than the business owner establishing a new company or registering a branch in Saudi Arabia, the employee can be employed by our local EOR company in Saudi Arabia. All attendant costs associated with this arrangement are then charged to the client company for a fee. This can be a more efficient and cost-effective way of doing business for both the employer and the employee. Many start-ups like this idea because it gives them the flexibility to focus on getting their business up and running.

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Global Employment Challenges Acumen Global EOR Helps Address in Saudi Arabia

1. Compliance

  • Compliant hiring and payroll in 190+ countries
  • Ongoing monitoring of legal, firing & firing regulations
  • Tax & benefits guidance
  • Continuous labour, tax, payroll, and immigration compliance monitoring & updates.

2. Risk Control

  • Permanent establishment risk
  • Worker misclassification risk
  • Under-taxation risk
  • HR & immigration compliance risk
  • Intellectual property right risk.

3. Need for Local Incorporation in Saudi Arabia

  1. Outsourced HR support upon new market testing
  2. HR arm upon global expansion
  3. Business in transition – M&As, close-downs.

4. Employee Transfer in Saudi Arabia

  • From PEO to PEO
  • From EOR to EOR
  • From legal entity to legal entity
  • Convert Independent Contractors to full-time employees.

5. All-in-one Solution in Saudi Arabia

Acumen Global Employer of Record offers integrated global employment solutions under one roof and can replace multiple vendors, including:

  1. Payroll Company
  2. Employee Benefits Broker
  3. HR Consultants
  4. Background Checks Vendors
  5. IP Attorney
  6. Tax Advisor
  7. Translation service
  8. Legal Advisor
  9. Immigration Advisor
  10. HR Compliance Advisor.

6. Global Knowledge. Hyper-local Expertise and Support

  • Faster time-to-hire with streamlined paperwork and communication
  • One platform to onboard and manage all team members
  • Streamlined global payroll
  • Single source of truth for contracts and documents
  • Dedicated customer service
  • 24/7 local support
  • Simplified hiring for Full-time employees and contractors
  • Expertise with hiring and firing local and foreign workforce.

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Why Work with a Global Employer of Record in Saudi Arabia?

Payroll taxes and service fees can be an enormous burden for employers. Many companies use a Global EOR (Employer of Record) to help with these costs. PEOs typically charge a percentage of the payroll, including employee insurance fees. It can be challenging to determine the actual costs for these services, especially when some employer taxes are only paid on wages up to a certain threshold.

1. Single Global Service Agreement

A global PEO can cover all your international projects within a single contract and add new employees and services as you expand your global workforce in new countries.

2. No Required Minimums

We accept projects of any length with any number of employees.

3. Flexible Pricing — Save As You Grow

At Acumen, we adjust your pricing based on the project employee number, whether you need to scale up or down.

4. End-to-end Global Employment Solution

We manage all your global services, including employment, recruitment, immigration, legal and global HR consulting, saving you valuable time. And Acumen International covers the cost and saves you the effort of finding and selecting local employment-related service providers.

5. Avoid Lawsuits in Saudi Arabia

One way to limit your liability as an international employer is by working with a global Employer of Record in Saudi Arabia. A Global Employer of Record (EOR) has the expertise and infrastructure to ensure that international companies operating in Saudi Arabia follow local employment and tax laws. A Global (EOR) enables companies to minimize their risk by providing employment infrastructure, handling payroll, and managing other HR functions for their clients so that the client can take more of a backseat approach when managing local and foreign employees in Saudi Arabia.

6. Reduced Expenses

A global employer of record (EOR) will bundle the cost of payroll, benefits, and workers’ compensation onto one payroll. The EOR in Saudi Arabia will also handle tax filing on your behalf. This means that you only pay one set fee per month for all services, which can save you time and money by preventing multiple invoices from being mailed to you.

7. Free Yourself From HR Hassles with a Global Employer of Record in Saudi Arabia

When you partner up with a Global Employer of Record, you’ll have someone who’s always there to handle the small and large tasks that will come up in your HR department. You’ll never have to worry about filling out paperwork or managing new hires again—you can focus all your attention on growing your business. A Global Employer of Record will handle the HR headaches so you can concentrate on what matters: your business.

Acumen International – Your Single Point of Truth and Global Employment Solutions Provider in Saudi Arabia

  1. Immediate service coverage in 190 countries.
  2. Both a single point of contact and a dedicated account manager for your project for all target countries.
  3. A single contract for all in-country services (employment, immigration, legal, etc.)
  4. A single PEO provider assumes full responsibility for your international employees in multiple countries.
  5. Payments are made within the UK or to the UK bank company account.
  6. Fully compliant standardized procedures and reporting systems.
  7. Standard payroll breakdowns for all target countries.
  8. As soon as we receive your request for a project in any country, we will send you a payroll breakdown and offer within two working hours.
  9. Full 100% fee money-back guarantee for employee or contractor payment delays.
  10. Tailored and 100% compliant employment contract drafts.

With Acumen in your corner, you can quickly and easily onboard and compensate your employees without the risk of legal repercussions.

Our Global PEO&Payroll Client
Employment risks mitigation
Tax compliance & payroll processing
Incorporation costs no need for own
entities
Effort 90% 10%
Coverage 190 countries 190 countries

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Global Payroll Calculator: Accurate Global Employment Cost Estimation

Acumen International offers the Global Payroll Calculator to help businesses understand the compliance requirements for conducting business in a new country. Acumen’s research team tracks developments in 190 countries around the globe. It provides up-to-date data on local regulations related to tax, payroll regulations, benefits, hiring practices, compliance requirements, and other labour-related factors that impact an employer’s bottom line. This valuable information makes the Global Payroll Calculator an invaluable tool for businesses looking to expand internationally.

Global Payroll Calculator helps companies reduce labour costs by providing up-to-date information on hiring, compensation, and tax requirements. It is also an ideal tool for quickly locating employees in any country.

Global employment services

Businesses in the process of expanding globally often face challenges when it comes to compliantly onboarding employees in foreign countries. In most cases, legal compliance requires establishing a legal in-country business entity, a complex, costly and time-consuming process that many employers are not ready to undertake.

To help your organization legally onboard and payroll a workforce in Saudi Arabia, Acumen International offers a global employment solution via our Global Employer of Record (EOR) designed to help you circumvent the legalities of direct hiring, eliminating the need for you to establish a legal entity in Saudi Arabia in order to conduct business there.

Get Express Quote

Unlocking Opportunities: Reasons to Expand Business to Saudi Arabia

Reasons to Expand Business to Saudi Arabia Description
Robust Economy Saudi Arabia boasts a strong and stable economy driven by oil exports, diversification efforts, and government investments.
Strategic Location Saudi Arabia offers strategic access to regional and international markets situated at the crossroads of Europe, Asia, and Africa.
Thriving Business Environment The country promotes a business-friendly environment with initiatives to attract foreign investment, streamline regulations, and facilitate entrepreneurship.
Abundance of Natural Resources Saudi Arabia is rich in natural resources, particularly oil and gas reserves, providing opportunities in energy-related industries.
Government Initiatives and Reforms The government has implemented various initiatives and reforms to stimulate economic growth, diversify sectors, and improve ease of doing business.
Growing Consumer Market Saudi Arabia has a young and affluent population with increasing purchasing power, creating a sizable and expanding consumer market.
Infrastructure Development Significant investments in infrastructure projects, including transportation, utilities, and smart cities, offer opportunities for construction and related sectors.
Foreign Investment Opportunities Saudi Arabia actively encourages foreign investment through initiatives like Saudi Vision 2030, offering attractive incentives and investment protection.
Favourable Tax and Regulatory Framework The country provides a favourable tax environment, including tax exemptions, incentives, and a transparent and supportive regulatory framework.
Young and Educated Workforce Saudi Arabia has a large pool of young, well-educated, and skilled professionals, providing a competent workforce for various industries.

Spotlight on Saudi Arabia

Saudi Arabia, officially the Kingdom of Saudi Arabia, is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast and Yemen to the south; it is separated from Egypt and Israel by the Gulf of Aqaba. It is the only country with a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid deserts, lowlands and mountains.

  • Capital: Riyadh.
  • Population: 32,175,224 as of 2022
  • Local currency: Saudi riyal.
  • Industries: The country has the largest oil reserves in the world and is also the largest producer and exporter of oil globally.
    Tourism, financial and banking services and the insurance sector dominate the services sector.

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