Why PRO and GRO Services are Essential for Foreign Business Growth in Saudi Arabia
With global firms flocking to Saudi Arabia, PRO and GRO services are crucial to facilitate a faster business setup process.
PRO (Public Relations Officer) and GRO (Government Relations Officer) service providers help foreign companies fast-track their Saudi entity setup process, saving them up to 50% of their GRO & PRO expenses.
These services include handling all the paperwork for essential procedures such as visa processing, employee sponsorship, license renewals and approvals. With the help of service providers, companies can effectively take root and foster their future business growth within the ever-growing Saudi business landscape.
Understanding the Impact of GRO and PRO Service Providers on Accelerating Saudi Business Growth
Whether already established or in the process of expansion, businesses in Saudi Arabia gain numerous benefits from outsourcing GRO and PRO services to entities that operate in the Kingdom.
Streamlined Operations
By outsourcing GRO and PRO services, businesses can streamline their administrative processes and ensure their operations are finely tuned for success and fully compliant, which propels a company toward profitability, strong market positioning, and accelerated business growth.
Ensuring compliance in Saudi Arabia
GRO and PRO experts are well-acquainted with the local regulatory environment and industry-wide compliance requirements. This expertise helps mitigate the risk of non-compliance in Saudi Arabia and increases access to government benefits and incentives, such as achieving a platinum Nitaqat rating when a company's workforce comprises 40% Saudi nationals.
Accelerated Saudi Market Expansion
With GRO and PRO service providers handling administrative tasks, businesses can increase their focus on core activities and strategic initiatives, accelerate their expansion plans, and tap into the Kingdom's burgeoning potential.
With the right support, tools, and strategy, companies can effectively capitalize on the full breadth of PRO and GRO services as they press ahead with their Saudi market expansion, ensure compliance with local regulations, and leverage Saudi Arabia's business environment as a gateway to global markets.
Benefits of Partnering with Local PRO and GRO Service Providers
The business regulatory landscape in the Kingdom keeps changing to match the speed at which the market is moving. Government entities keep updating their processes, which requires a foreign business to remain on top of these changes.
Therefore, it becomes essential for businesses planning an entry into Saudi Arabia to partner with local business set-up organizations to adapt to these regulations and achieve maximum efficiency by saving time and effort.
Leading business set-up entities, such as AstroLabs, help manage the PRO and GRO for an existing roster of more than 130 foreign businesses. So far, it has processed over 400 visas for its clients.
The support offered by the on-ground team encompasses managing annual license renewals, license amendments, employment visa issuance and onboarding, and payroll processing, as well as ensuring companies' compliance with the General Organization for Social Insurance (GOSI) and Saudization requirements.
Reflecting on AstroLabs’ role in achieving business success, one of our expansion clients said that the expertise and support of our on-ground team have been critical in establishing the right legal structure and foundation for their business and ensuring its full compliance.
Besides, the core services offered by AstroLabs include securing offices, tax advisory, cost analysis, and governmental portal management.
