Logo

With more than 15 years of experience, our expertise in setting up a compliant business and providing professional services in the UAE stands second to none.

Contact Info

Nassima Tower - 2403 - Sheikh Zayed Rd - Dubai - United Arab Emirates
info@tascoutsourcing.com
+971 4 358 8500

Follow Us

  • Home
  • |
  • Payroll Services In Saudi Arabia

Payroll Services in Saudi Arabia

Taking Care of the People Who Take Care of Your business!

Manage your payroll calculations accurately without dealing with unnecessary math and manual filling. Our solution is all you need to streamline the payroll operations of your business. From multi-currency management and automated paychecks to custom reports, we will take over your payroll process, so you never have to worry about it again.

Make payroll as simple as possible for your business. Get in touch with us, and we’ll incorporate automation into your payroll processes. Our experts will curate a payroll solution that will work seamlessly with your existing payroll program to offer a better experience to your employees, saving you money and time in the process.

REQUEST A CALL BACK!

HOW DO WE WORK?
OUR 3 STEP PROCESS

Establishing Payroll Policy
Conducting Input Validation
Calculating Payroll
Providing Reports
Handling Payroll Accounting
Payroll management KSA
Collecting Input
Making Pay-outs
Maintaining Statutory Compliance
STAGE 1

PRE- PAYROLL
ACTIVITIES
STAGE 2

ACTUAL PAYROLL
PROCESS
STAGE 3

POST- PAYROLL
ACTIVITIES

WHY PARTNER
WITH US?

Payroll management KSA

INNOVATIVE AI &
CLOUD BASED TECHNOLOGY

Payroll management KSA

BOTS
ENABLED

Payroll management KSA

SERVES MULTI GEOS,
CURRENCY & ESTABLISHMENTS

Payroll management KSA

ANYTIME
IN-HAND SYSTEM REPORTS

Payroll management KSA

SEAMLESS &
CUSTOMISED INTEGRATION

Payroll management KSA

100% COMPLIANCE
AS PER LOCAL GOVERNMENT LAWS

Payroll management KSA

REPORTING

TASC CORPORATE –
END-TO-END ASSISTANCE FOR PAYROLL MANAGEMENT IN SAUDI ARABIA

Administering accurate, compliant, and timely payroll management in KSA demands a thorough understanding of reporting, local tax, compensation, and employment requirements. At TASC Corporate, we provide the best payroll services in Saudi Arabia with in-country expertise and support, ensuring that your employees always get paid compliantly, correctly, and on time. If you’re looking for payroll for small businesses in Saudi Arabia, our consultants are here for you.

PAYROLL PROCES
IN SAUDI ARABIA

The payroll for small businesses and big corporations can be slightly complicated, making it difficult to implement. Here’s a simplified version of the steps involved in payroll management in KSA –

- PHASE #1 – PRE-PAYROLL -

Business Setup – The organizational policies must be clearly established and communicated.
Business Profile – You must register the business, and apply for a tax identification number register for VAT if applicable.
Work Location – It is important to form a structure for all the work locations in Saudi Arabia.
Leave Policy – A leave policy is crucial for the business because employees have the right to day offs.
Attendance Policy – An attendance policy must be devised because it will help in calculating payroll.
Statutory Components – Compliance with all laws and regulations surrounding employee rights and benefits is mandatory.
Salary Components – All components, such as minimum wage, social insurance, and additional perks, must be defined.
Pay Schedule – Having a structure for the payment schedule is necessary.
Employee Information – The best payroll services in Saudi Arabia will gather employee information, such as legal name, department, address, etc., to process payroll

- PHASE #2 – PAYROLL -

Logo
During this phase, payroll will be calculated referring to the attendance policy. Experts will make deductions from the gross salary to find out the net earnings

- PHASE #3 – POST-PAYROLL -

Salary Payments – Regular salary payments to corporate banks would be made using a software solution.
Payroll Accounting – A record of transactions is essential, and this is where accounting will come into play.
Payroll Compliance and Reporting – Report of payroll data is necessary for compliance.

COMPONENTS OF PAYROLL
IN SAUDI ARABIA

Let’s take a look at some of the components that payroll companies in Saudi Arabia are expected to manage –
  • COMPENSATION – On April 25, 2021, the Saudi Arabian government increased the minimum monthly salary from 3,000 SAR to 4,000 SAR. However, private companies aren’t subject to this requirement.
  • WORKING HOURS – Workers receive their pay either monthly or weekly. Employees are expected to work 48 hours a week or 8 hours a day. The work hours are reduced to 36 hours a week and 6 hours a day during the month of Ramadan. All government and most private establishments consider Friday and Saturday the official weekend.
  • OVERTIME LAWS – Employees working for more than the standard weekly or daily working hours will receive extra pay, which is usually an additional 50% of their usual salary, along with the basic hourly earnings.
  • SICK LEAVE – Payroll for small businesses has to take sick leaves into consideration, which is typically up to four months for employees in Saudi Arabia. Though it is paid, the compensation reduces with the increasing number of days.
  • PARENTAL LEAVE – Female employees receive up to 10 weeks of paid maternity leave, which can be taken four weeks before the expected delivery date. However, it would depend on how long the employee has been working in the organization. Employees who have been part of the company for three years or more are eligible to receive 100% pay during leave. Fathers in Saudi Arabia receive only one day of paternity leave on the day of having the baby. Public Holidays – Payroll companies in Saudi Arabia must consider public holidays while processing salaries. There are around six national holidays in the nation, but some of them go up to 12 days. Some of the major holidays include the Islamic New Year, the Day of Arafah, Eid Al Adha, Eid Al Fitr, Al-Yawm-Al-Watani, and Yawm-Al-Taasis.
  • PAYROLL TAXES – Employees with personal income don’t have to pay payroll tax, especially when making their sole living in Saudi Arabia. Although, resident employees are required to remit a 10% social security deduction. It is apart from a 2% deduction on unemployment insurance and pension. Some of the other taxes are for Social Security (GOSI), Pension Contributions and Unemployment Insurance (SANID), Occupational Hazard Insurance, and Corporate Income. Payroll outsourcing services in Saudi Arabia would deduct all these taxes from employees' base salary.
icon
Logo

WHY CHOOSE US FOR PAYROLL
MANAGEMENT IN KSA?

Experienced team of chartered accountants and accounting professionals
We streamline your payroll processes for the better efficiency
We take the utmost precaution to make sure your employee data is kept safe and secure with professional-level privacy software.
With deployment of necessary software and infrastructure, we can take over your payroll process immediately
No investment in expensive encryption and accounting software
Seamless collaboration
In-depth local knowledge in payroll management
Immediate updates on rules and guidelines
100% compliance, no issues in the future

WHAT MAKES US
STAND OUT

Payroll management KSA

Quick roundabout time and reliable delivery

Payroll management KSA

Established
presence

Payroll management KSA

Flexible
solutions

Payroll management KSA

Up-to-date
compliance

Whether you’re a start-up with few employees or a big corporation with several thousands of employees, you can stay assured that our customized payroll outsourcing services in Saudi Arabia will take care of your specific needs.

If you wish to learn more about our payroll outsourcing services in Saudi Arabia, get in touch with us today!

© Copyright 2024 TASC Corporate Services. All rights reserved