Saudi Arabia: New rule for companies in Saudi Arabia, now it will be difficult to change business activity.

There is important news for companies and expatriates working in Saudi Arabia. Qiwa Platform has clarified that now companies will not be able to change their business activity easily. If a company wants to change its activity, it will have to see whether it will affect its nationality diversity The limit is not being crossed. If the new activity violates the prescribed rules, the application will not be approved.

It is important to follow the rules

According to this platform of the Ministry of Human Resources and Social Development, every application for changing business is examined by a special committee. If a company adds to its registration an activity for which Saudization If the rate is higher, then the company will have to follow the same new and strict rate. This system aims to strengthen the labor market and Saudi Vision 2030 Has been implemented to meet the goals of.

What will be the impact on migrants?

Under the present rules, the company in which 5 employees are, there at least 1 Saudi citizen It is necessary to have. Ministry’s target in private sector More than 340,000 new jobs To prepare for Saudi citizens. Expatriates now have to keep in mind that any changes in their company’s rules and activities may impact their work permit and the validity of the company. Companies should directly explain the reason for their rejection. qiwa Can see on the portal.