In Saudi Arabia, businesses are required to register with the General Organization for Social Insurance (GOSI) to ensure that their employees are covered for social security, pension, and healthcare. Both employers and employees contribute to the social insurance system. *Thiqah* assists businesses in registering with GOSI, ensuring that both employer and employee contributions are accurately calculated and paid. We handle the reporting of employee data to GOSI, including salary details and changes in employment status, ensuring compliance with Saudi law. We also provide assistance with audits and inspections by GOSI to verify the correct payment of contributions.
Customer Benefits
Explore the key advantages that make Saudi Arabia the ideal place for business growth.
•100% foreign ownership in key sectors
•Strategic location connecting Europe, Asia, and Africa
•Young and tech-savvy workforce
•Massive opportunities through Vision 2030 projects