Please enter your username and password here:Forgot Password?
Please enter your details here:or Login
By ExpatBriefing.com Editorial
27 June, 2014
Saudi Arabia's Council of Ministers revealed on June 23, 2014, its decision to ease the levy on businesses employing expat workers.
Under the new measure, companies with nine or fewer employees will be able to hire up to four foreign workers without having to pay the annual SAR2,400 (USD640) fee per expatriate worker.
The tax break is intended to give a boost to small and medium enterprises (SMEs), and will reportedly benefit about 900,000 companies.
The Council also decided to grant an exemption from the expat tax to foreign workers married to Saudis, and to their children.
From November 2012, the Saudi government began imposing a monthly SAR200 levy on companies for each expat worker on their books. Local business leaders criticized the measure.
About | Useful Links | Global Media Partners | Media | Advertising And Sales | Banners And Widgets | Glossary | RSS | Privacy & Cookies | Terms And Conditions | Editorial Policy | Refer To A Friend | Newsletters | Contact | Site Map
Important Notice: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. © Wolters Kluwer TAA Ltd 2017. All rights reserved.
The Expat Briefing brand is owned and operated by Wolters Kluwer TAA Limited.