This article has been researched and written by Rawan El Khalil and the team at Creation Business Consultants. AI has not been used in generating this article.
OVERVIEW OF THE SAUDI ARABIAN EMPLOYMENT ENVIRONMENT
In the dynamic framework of Saudi Arabia’s Vision 2030, aimed at economic diversification driven by mega-projects like Neom, the demand for the right talent has never been more critical, with upskilling emerging as a pivotal driver of success.
In December 2023, the Saudi Arabian private sector experienced significant growth, with 2.3 million Saudi nationals joining the workforce. This marked a positive trend, indicating a steady rise in job opportunities. Among these new additions, approximately 41% were females, showcasing the Kingdom’s commitment to gender inclusion. Overall employment in the private sector increased by 0.92 percent, reaching 10.9 million, with 8.6 million of the new workforce being non-Saudis.
The issuance of the commercial registration (CR) of a company in Saudi Arabia by the Ministry of Commerce and Industry (MOCI) is only the beginning of the process for creating an operational corporate tool. A company becomes eligible to employ and apply for work permits for its Saudi and non-Saudi employees once it completes its post-registration requirements with the Ministry of Human Resources and Social Development. The company will also need to process employment visas for non-Saudis, who will require authenticated employment contracts. This is a critical step in the hiring process to ensure that the company’s workforce is legally authorized to work in KSA and is in compliance with the MHRSD and immigration regulations.
This article outlines a complete checklist for hiring employees post-Company Registration issuance in Saudi Arabia.