Connect Group could help firms make their mark in the GCC
DUBAI, April 12, 2023
International businesses wanting to expand into the GCC region will now find it easier to establish, hire and navigate local employment laws, thanks to new support services from Connect Group.
While much of the world is facing an economic downturn, the GCC is poised for significant growth and transformation in the coming years, thanks to its continued economic diversification, youthful population, and continued innovation, driven by Dubai's Smart City project and Saudi Arabia's Vision 2030 plan, a release said.
Recent reports suggest the GCC will escape the worst of the global slowdown, with the World Bank predicting a 2023 GDP of 4.1% for the GCC compared to a global growth as low as 1.7%.
Outsourcing company
Businesses looking to capitalise on the strong GCC market can now enlist expert establishment support from Connect Group, one of the leading outsourcing companies in the Middle East. The group has launched new services designed to help their global clients explore, establish, and expand their business in the region.
For international businesses wanting to test out the local market, Connect Group offers flexible EOR (Employer of Record) services, allowing companies to hire employees in the Middle East without establishing an entity here, said Aaron Portero, Managing Director of Connect Group.
“We can take care of all employee work permits, visas, insurance, and payroll so they can legally work, live, and get paid in the Middle East. We can also assist with relocation and temporary accommodation for international employees.”-- TradeArabia News Service