PRO Partner Group

Why are so many businesses choosing Saudi Arabia?

📈 Access to the GCC's largest economy
🌍 Strategic location connecting Europe, Asia, and Africa
🚀 Vision 2030 opportunities across technology, tourism, logistics, manufacturing, and more

As Saudi Arabia continues to transform its business landscape, companies are increasingly establishing a presence in the Kingdom to support their long-term growth ambitions.

Thinking about expanding into Saudi Arabia? Get in touch with our team to learn more.

IFZA Introduces Enhanced UBO Compliance Requirements.

Companies registered with IFZA should take note of an important update regarding Ultimate Beneficial Owner (UBO) records.

Effective 16 June 2026, UBO information must be updated and maintained to support licence renewal applications.

Under UAE Cabinet Resolution No. 109 of 2023, failure to update UBO records with the relevant registrar may result in administrative fines and the suspension of commercial activities.

Key changes include:
✔ Updated online forms for UBO information and supporting documents
✔ System-generated UBO declarations requiring authorised signature
✔ Additional KYC documentation where required
Businesses should review their records and ensure their UBO information remains accurate and up to date to avoid delays or compliance issues.

Important Update: ASP Appointment Deadline Extended.

The UAE Federal Tax Authority has extended the deadline for appointing an Accredited Service Provider (ASP) for e-Invoicing compliance from 31 July 2026 to 30 October 2026.

While the appointment deadline has been extended, the mandatory implementation date for e-Invoicing remains 1 January 2027.

This update provides businesses with additional time to assess their requirements, select the right provider, and prepare for a smooth transition.

The requirement applies to in-scope entities with annual revenues exceeding AED 50 million.

If your business may be affected, now is the time to review your e-Invoicing readiness and implementation strategy.

Keeping up with HR and immigration regulations is essential for businesses operating in the UAE.

In our latest UAE HR & Immigration Update, we highlight key developments affecting employers, including:
✔ New Wage Protection System (WPS) requirements
✔ Expanded list of approved WPS providers
✔ Mid-year Emiratisation obligations and deadlines
✔ Compliance requirements and potential penalties
✔ Immigration and workforce mobility updates

Swipe through our latest carousel for a summary of the changes and key actions employers should consider.

For tailored advice on HR, immigration, payroll, and compliance matters, contact our team today.

Bahrain's labour fund, Tamkeen, has launched an emergency support initiative to assist businesses affected by recent regional developments.

The programme is designed to help impacted SMEs maintain business continuity, protect jobs, and navigate operational challenges during periods of uncertainty.

Measures such as these highlight Bahrain's ongoing commitment to supporting the private sector and strengthening business resilience when companies need it most.

For businesses operating across the GCC, it serves as another example of how governments in the region continue to prioritise economic stability and private sector growth.

Congratulations to Rohan Jain on being recognised as the Client Accounting Champion for Q3.

This achievement reflects his hard work, professionalism, and commitment to delivering excellent service to both clients and colleagues. His dedication and attention to detail continue to make a valuable contribution to the team.

Well deserved, Rohan, and congratulations on this recognition.

Saudi Arabia Compliance Alert: CHI & GOSI Integration.

Employers in Saudi Arabia should review their employee health insurance records following the implementation of a new integration between the Council of Health Insurance (CHI) and the General Organization for Social Insurance (GOSI).

Key considerations:
✔ Employees registered with GOSI should be included under the company's health insurance policy.
✔ The new integration automatically validates employee data across both systems.
✔ Discrepancies may result in policy activation issues on the CHI platform.
✔ Non-compliance could impact residency renewals and may lead to delays or penalties.

We recommend that employers review their records and coordinate with their health insurance provider where necessary to ensure compliance.

For questions regarding employee enrollment or policy coverage, please contact your health insurance provider directly.

Which GCC long-term residency programme is right for you?

As countries across the Gulf continue to attract investors, entrepreneurs, skilled professionals, and high-net-worth individuals, long-term residency options have become an increasingly important part of the region's economic landscape.

From the UAE Golden Visa and Saudi Arabia's Premium Residency programme to emerging options in Qatar, Bahrain, and Oman, each jurisdiction offers its own advantages, eligibility criteria, and investment requirements.

Our latest comparison breaks down the key differences across the GCC to help individuals and businesses make informed decisions.

View the full comparison below.