An overview of KSA GOSI Portal Monthly process

HLB KSA Payroll Team

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    GOSI, or the General Organization for Social Insurance, is a major government entity in the Kingdom of Saudi Arabia (KSA) that implements the country’s Social Insurance Law. They generally specialize in collecting employer payments, obtaining legal social insurance coverage, and paying benefits to insured individuals or their family members. GOSI is a financial is a financial organization based in the capital of Riyadh that is governed by a board of thirteen directors.

    In this article, our team is providing an overview of monthly process and activities relating to KSA Gosi portal.

    Percentage of GOSI applied to Saudi Nationals

    Total GOSI percentage for Saudi nationals is 21.50%. Please find the below break up;

    Employer’s Contribution

    • Unemployment Contribution = 0.75%
    • Retirement Contribution = 9%
    • Compensation and Disability Plan = 2%
    • Total Employer’s Contribution = 11.75%

    Employee’s Contribution

    • Unemployment Contribution = 0.75%
    • Retirement Contribution = 9%
    • Total Employee’s Contribution = 9.75%

    Percentage of GOSI applied to Expatriates

    The employer is responsible for paying a 2% GOSI contribution. However, there is no GOSI Contribution fee to be paid by an expatriate employee in Saudi Arabia.

    For more information about GOSI, please refer the following link. GOSI Contribution

    Standard Monthly Activities and Process

    All the activities relating to social contribution i.e. GOSI can be completed through the online portal. Once the company registered with GOSI, they will get their own username and password to perform all the GOSI related activities through online.  It is the responsibility of the company to complete the below process monthly through GOSI online portal,

    1. Register new hire (KSA or GCC National) if any.
    2. De-register or terminate leaver (KSA or GCC National) if any.
    3. Update contractual salary changes if any.
    4. Generate GOSI invoice and pay the amount.

    GOSI Portal Login Process:

    Website link for GOSI Portal access is https://www.gosi.gov.sa/en/Login

    Once you update user credentials and click on login, GOSI portal will send an OTP to the authorized person’s mobile number. Enter the OTP and login into the portal.

    Step 1: Register new hire (KSA or GCC National), if any.

    • Go to contributor services – click on Register contributor-add Saudi or GCC nationals in GOSI portal.

      Note:- All expat employees other than GCC nationals will be automatically added to GOSI portal once their visa is issued. No further action required from company side in relation to adding them in GOSI portal.

    Step 2: De-register or terminate leaver (KSA or GCC National) if any.

    • Go to contributor services – click on contributor list-Select employee from list- Click on the Terminate employee from the option.

    Step 3: Update contractual salary changes if any.

    If there is any salary change, please update the changes in the GOSI portal on a monthly basis. Please follow below steps to update salary

    • Go to contributor services – click on Manage Wage-update new salaries wherever applicable

    Step 4: Generate GOSI invoice and pay the amount

    Generate GOSI Bill from the portal to get the total invoice amount for the month. GOSI bill will be generated on 1st of every month. Details of the GOSI bill break up can be generated from the GOSI portal in “xlsx” format.

    Reconcile the bill, ensure all employees are showing in the GOSI bill and confirm their contribution amount. If any difference, check latest salary got updated in GOSI portal or not. For further clarification, employer can contact GOSI directly and ask for assistance. GOSI will not answer to a third party. Employers need to contact GOSI directly for clarification.

    How to pay monthly contribution to GOSI

    Company can deduct the employee portion through payroll and pay the total contribution i.e., both the employer and employee contribution to GOSI Authority. Companies can use the SADAD platform through their online banking portal to process GOSI payments.

     

    Frequently Asked Questions

    1. What is the deadline for paying the GOSI contribution?

      The deadline for completing the GOSI payment is the 15th of the following month. I.e., the last date for paying the January contribution is the 15th of February.

    2. Does a company get any invoice from GOSI regarding the total contribution due for the month?

      Yes, companies can generate monthly invoices from the GOSI portal. Break up for the total invoice amount is also available in the portal.

    3. What is the base amount for calculating GOSI?

      The GOSI contribution is always calculated on the Basic Salary + Housing allowance.

    4. Is there any maximum limit for GOSI Base amount?

      The maximum base amount for calculating GOSI is SAR 45,000/-. If any employee’s basic plus housing allowance is more than SAR 45,000/-, then GOSI contribution is calculated against SAR 45,000/-.

    5. How to enable SADAD platform in Company bank and Pay GOSI contribution?

      Step 1: Contact Company bank relationship manager, request to enable SADAD payment system in bank portal.
      Step 2: After enabling SADAD payment platform, enter GOSI subscription number and pay the monthly contribution amount to GOSI directly from Company bank account.

    Payroll Service in KSA

    The process of payroll is a little complicated and time-consuming; hence it is always recommended to outsource your company’s payroll function. Outsourcing payroll will ensure the assistance of a team of trained payroll professionals and it frees up the time of the organization, helping them focus on other projects that add value to their business.
    One should be extra vigilant while selecting their payroll provider, as payroll data is highly sensitive, and one should opt for a provider that can ensure high levels of data security.

    As a leading payroll outsourcing company, HLB HAMT can help solve your payroll complexities through customized strategies. We take care of our clients’ entire payroll cycle that includes preparation of payroll reports, processing salary payment with WPS compliance, accrual management including Gratuity, pension funds, an online portal for accessing payslips, and many more. Our leadership team spends the necessary hours in every project, ensuring our clients get refined consulting services to take your business forward.

    To know more about our payroll process in KSA, Click here

     

     

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