After February 16th, there will be no extension of the grace period for Tasattur violators.

1486
Advertisement

For the latest updates, news, and events of Saudi Arabia you can join our WhatsApp group


According to the National Program for Combating Commercial Concealment (Tasattur), the grace period for anti-cover-up system violators will not be extended and will end on Wednesday, February 16, 2022.

The Ministry of Commerce urged all anti-cover-up violators to correct their status, particularly those with annual revenues of “2 million riyals,” and take advantage of the corrective period to avoid deterrent statutory penalties of up to 5 years in prison or a fine of 5 million riyals, or both, as well as the seizure of illegal assets and funds involved in financial crime.

Trending Now  A foreign worker who transported illegal aliens to Saudi Arabia for 15,000 riyals was sentenced to five years in jail.

The program indicated that rectification requests will be accepted through the Ministry of Commerce’s website (mc.gov.sa) until the conclusion of the time, and violators will be able to take use of the repair alternatives outlined in the Regulation for Correcting Status, which include:

In the facility, there is a partnership between Saudi citizens and non-Saudis.

  • The facility was registered in the name of a non-Saudi.
  • The Saudi continues to practice the action by bringing in a fresh partner to the facility.
  • The facility’s disposal by Saudi Arabia
  • Non-Saudi obtaining the premium residency
  • Non-Saudi leaving the Kingdom.
Trending Now  Saudi Arabia establishes online Umrah visa processes for international pilgrims.

The typical practice of a Saudi citizen enabling a non-Saudi to participate in business or industrial activity in his name in exchange for a predetermined payment is known as tasattur.

What's your reaction about this news

🥰𝙒𝙚 𝙝𝙤𝙥𝙚 𝙩𝙝𝙖𝙩 𝙮𝙤𝙪 𝙡𝙞𝙠𝙚𝙙 𝙩𝙝𝙞𝙨 𝘼𝙧𝙩𝙞𝙘𝙡𝙚. 𝙋𝙡𝙚𝙖𝙨𝙚 𝙨𝙝𝙖𝙧𝙚 𝙞𝙩 𝙬𝙞𝙩𝙝 𝙮𝙤𝙪𝙧 𝙁𝙧𝙞𝙚𝙣𝙙𝙨 𝙖𝙣𝙙 𝙨𝙪𝙗𝙨𝙘𝙧𝙞𝙗𝙚 𝙩𝙤 𝙤𝙪𝙧 𝙬𝙚𝙗𝙨𝙞𝙩𝙚 𝙗𝙮 𝙘𝙡𝙞𝙘𝙠𝙞𝙣𝙜 𝙤𝙣 𝙩𝙝𝙚 𝘽𝙚𝙡𝙡 𝙄𝙘𝙤𝙣 (𝙇𝙚𝙛𝙩 𝘽𝙤𝙩𝙩𝙤𝙢 𝙤𝙛 𝙩𝙝𝙞𝙨 𝙋𝙖𝙜𝙚) 𝙩𝙤 𝙧𝙚𝙘𝙚𝙞𝙫𝙚 𝙣𝙤𝙩𝙞𝙛𝙞𝙘𝙖𝙩𝙞𝙤𝙣𝙨 𝙛𝙤𝙧 𝙚𝙫𝙚𝙧𝙮 𝙏𝙧𝙚𝙣𝙙𝙞𝙣𝙜 𝙖𝙧𝙩𝙞𝙘𝙡𝙚.🥰

Add us on Snapchat

Follow Us On  Google News

For the latest updates, news, and events of Saudi Arabia you can join our WhatsApp group or Telegram

Find Jobs Online in any region of Saudi Arabia on  KSA Job Site

Advertisement
Advertisement