In a major move to boost employment for Saudi citizens, the Ministry of Human Resources and Social Development, in partnership with the Ministry of Tourism, has announced the nationalization of 41 professions in the tourism sector, to be implemented in three phases starting April 2026.
Moving employees abroad can be a rewarding strategy for companies, helping to expand operations, transfer skills, and build a stronger international presence. However, this exciting venture comes with risks that can impact both the company and employees if not carefully managed. Here are the top 5 risk factors to consider when relocating employees abroad, along with strategies to mitigate them and ensure a smooth transition.
RHQ Programme: Gateway for Multinationals Saudi Arabia’s Vision 2030 initiative takes a significant step by offering a 30-year tax exemption to multinational corporations establishing regional headquarters in Riyadh. This move, part of the Regional Headquarters (RHQ) Program, aims to position the Kingdom as a central business hub. The package includes a 0% corporate income tax
