Companies decided to Pay New Expat Dependents Fee

Expat Dependent Fees is levied From July 1st in the kingdom of Saudi Arabia. There are around 3 Million Dependents living in the kingdom with around 10.5 Million expatriates working in private companies.

Companies decided to Pay New Expat Dependents Fee

Most of the companies hage decided to pay Expatriate Dependent Fees for Only for highly Skilled expatriates and experienced foreign workers and prevent them from leaving Saudi Arabia.

Government of Saudi Arabia will be generating good amount of revenue from due to implementation of Dependnet Fees, though fees has been a shock for every expatriate living in Saudi Arabia.

Now Companies are planning to revise all the expat travel, education and vacation allowances in order to compensate the dependent fees they will be paying.

Dependent Fees which has just started from 100 SAR monthly on each dependent which is expected to reach 1200 SAR annually.

By July 2020 it will 400 SAR per month per dependent i.e. 4800 SAR anually.

Companies will also be paying tax based on the Nitaqat wherein it all depends on no of Saudi Expatriates Vs Saudi Citizens working in a company.

Leave your vote

Previous Post
Next Post
Advertisement

Redirecting in 10 seconds

Close

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.