Our PEO Services in Saudi Arabia can help you make your expansion hassle-free and cost-effective, enabling you to start your Saudi business in days. Over the last few decades, Saudi Arabia has become a major economic power. The Kingdom of Saudi Arabia (KSA) is a powerful economy, with its strength built on holding 15% of the planet’s known oil reserves while also being the largest global exporter of crude oil.
As Saudi Arabia increases its international profile, the government is striking a balance between attracting foreign investment into an increasingly entrepreneurial environment and simultaneously seeking to protect the Saudi workforce, making Saudi Arabia an appealing market for growing businesses and Global Expansion. But going at it without the proper support can increase the costs, time and risks involved. Those challenges can be worked through more efficiently and cost-effectively with the help of a global Professional Employer Organisation (PEO) such as Bradford Jacobs.
Using PEO services in Saudi Arabia means there is no need to set up a legal entity, and you can start doing business there within days. We have expert knowledge of Saudi payroll, labour laws, and other local regulations. By utilising our sources, you can start your expansion hassle-free and cheaply.
We have the connections and network to locate talents that meet your needs and wishes on all levels. We ensure your company complies with all regulations and laws, areas to which you can incur severe penalties would you fail to adhere. Your chosen candidate is hired through our agencies in Saudi Arabia and remains under your day-to-day control.
As part of our service, we can administer the returns and associated payments for wage tax and social security contributions directly from our payroll system to the tax authority, relieving you of the following responsibilities:
Your business is not like any other, and we get that. Your international plans require solutions that match them, your goals, and your business strategy. Therefore, our PEO services in Saudi Arabia provide a consultative approach and a tailor-made solution because we know one size does not fit all.
A PEO works with Employer of Record (EOR) agencies. Our EOR agencies in Saudi Arabia enable you to operate staff in-country without worrying about HR (Human Resources) services, tax, payroll, hiring, firing, or adapting to Saudi regulations and employment laws changes. When you hire us as a PEO, we establish a contract between you and Bradford Jacobs. We also sign an employment contract with your new employee in Saudi Arabia. Although we function as your employee’s legal employer, they perform duties for your business as a part of your team.
Step 1: You want to deploy an existing employee or recruit new talent in Saudi Arabia.
Step 2: Once the candidate is selected, Bradford Jacobs steps in as their EOR through our Saudi entity. We guarantee compliance with employment contracts, payroll, HR, tax, required visas or work permits.
Step 3: Within a few days, your company will have an international presence in a new market, in a prime position, without the risks, hassle, or expenses of setting up your subsidiary.
Step 4: You will control the employee daily while we manage all work-related registration formalities. Our consultants inform your employee about their holidays, benefits, and entitlements policies.
Step 5: All approved declarations and completed timesheets are sent to us by the employee. We will invoice you, and once the payment is completed, we will deduct all contributions from the authorities and transfer the balance into the employee’s account.
As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. In a new country, this process will probably take some more effort… well, it does not have to. We have extensive experience with Saudi payroll, taxes, and other local laws and regulations. That way, you can enjoy the following:
Employees are the main core of your business. They keep the engine running; therefore, creating a stable agreement that satisfies both employer and employee is also important. As their legal employer, we are responsible for keeping your employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract. We will make sure they enjoy the following: