Saudi Arabia Update: Registration and Subscription Regulation for Social Insurance Law Amended

Saudi Arabia’s General Authority for Social Insurance has announced a Decision has been issued by the Finance Minister and Chairman of the Authority approving an amendment to the registration and subscription regulation for the Social Insurance Law. The amendments will come into force on February 1, 2022.

Under the amendments, the period of time given to the employers to add subscribers becomes the end of the month of the joining and amending the period given to employers to remove the subscribers by the end of the month they are leaving.

Completing the registration of the non-Saudi subscribers and submitting their wages must also be done by the end of the month of their joining.

By Hammad & Al-Mehdar, Saudi Arabia, a Transatlantic Law International Affiliated Firm. 

For further information or for any assistance please contact saudiarabia@transatlanticlaw.com

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