- Work Permit Fee Forthcoming
- October 3, 2016
- Law Firm: Fragomen Del Rey Bernsen Loewy LLP - New York Office
On or after January 1, 2017, companies in the oil and gas, financial, consulting and other sectors will be subject to a work permit fee.
Companies hiring intracompany transferees in any sector will be exempt from paying the work permit fee but will still be subject to special conditions if hiring foreign nationals.
This fee was implemented instead of various work permit conditions proposed by the Ministry of Labor and Foreign Investment Council, such as hiring and training local workers for such companies.
New rules related to work permit fees are expected to be released shortly after January 1, 2017.
What This Means for Employers and Foreign Nationals
Affected employers should be prepared to pay a work permit fee for any new application submitted on or after January 1, 2017.