“Trade” defames a resident convicted of the crime of covering up...




The Ministry of Commerce declared a resident of Syrian nationality after a final court ruling was issued condemning him for violating the anti-cover-up system and working for his own account in the activity of building and construction materials trade in the city of Riyadh.

The Ministry published the judicial ruling issued by the Criminal Court in Riyadh, which includes a fine of 100,000 riyals, closing the facility, liquidating its activities, canceling its licenses, writing off the commercial register, collecting zakat, fees and taxes, in addition to the penalty of expelling the concealed one from the Kingdom and not allowing him to return to it to work, and defamation by publishing the ruling. In a newspaper at the expense of the offender.

The Ministry of Commerce urges violators of the anti-cover-up system (Saudi or non-Saudi) to take advantage of the corrective period regulation for the conditions of violators of the anti-cover-up system and to submit requests to correct their status through the ministry’s website mc.gov.sa before the expiry of the deadline on February 16, 2022, in order to avoid the penalties prescribed in the system and their consequences and the retroactive payment of income tax.

The process of correction is easy and easy through several options, including: entering a new legal partner “Saudi or non-Saudi” and continuing to work in the facility, or the Saudi’s disposal of the facility by selling, ceding or dissolving it, or registering the ownership of the facility in the name of the non-Saudi by agreement between the Saudi and the non-Saudi. The Saudi can transfer the ownership of the facility to the non-Saudi after the latter obtains an investment license. A non-Saudi can also apply for a premium residence application, an investment license to continue working in the facility, or apply for a final exit.
Ministry of Commerce
Anti-commercial cover-up
commercial cover-up

“Trade” defames a resident convicted of the crime of covering up in the activity of building and construction materials
Sabq electronic newspaper
previously
2021-10-21

The Ministry of Commerce declared a resident of Syrian nationality after a final court ruling was issued condemning him for violating the anti-cover-up system and working for his own account in the activity of building and construction materials trade in the city of Riyadh.

The Ministry published the judicial ruling issued by the Criminal Court in Riyadh, which includes a fine of 100,000 riyals, closing the facility, liquidating its activities, canceling its licenses, writing off the commercial register, collecting zakat, fees and taxes, in addition to the penalty of expelling the concealed one from the Kingdom and not allowing him to return to it to work, and defamation by publishing the ruling. In a newspaper at the expense of the offender.

The Ministry of Commerce urges violators of the anti-cover-up system (Saudi or non-Saudi) to take advantage of the corrective period regulation for the conditions of violators of the anti-cover-up system and to submit requests to correct their status through the ministry’s website mc.gov.sa before the expiry of the deadline on February 16, 2022, in order to avoid the penalties prescribed in the system and their consequences and the retroactive payment of income tax.

The process of correction is easy and easy through several options, including: entering a new legal partner “Saudi or non-Saudi” and continuing to work in the facility, or the Saudi’s disposal of the facility by selling, ceding or dissolving it, or registering the ownership of the facility in the name of the non-Saudi by agreement between the Saudi and the non-Saudi. The Saudi can transfer the ownership of the facility to the non-Saudi after the latter obtains an investment license. A non-Saudi can also apply for a premium residence application, an investment license to continue working in the facility, or apply for a final exit.

October 21, 2021 – Rabi` al-Awwal 15, 1443

08:11 PM

Last update
October 21, 2021 – Rabi` al-Awwal 15, 1443

11:19 PM


The Ministry of Commerce declared a resident of Syrian nationality after a final court ruling was issued condemning him for violating the anti-cover-up system and working for his own account in the activity of building and construction materials trade in the city of Riyadh.

The Ministry published the judicial ruling issued by the Criminal Court in Riyadh, which includes a fine of 100,000 riyals, closing the facility, liquidating its activities, canceling its licenses, writing off the commercial register, collecting zakat, fees and taxes, in addition to the penalty of expelling the concealed one from the Kingdom and not allowing him to return to it to work, and defamation by publishing the ruling. In a newspaper at the expense of the offender.

The Ministry of Commerce urges violators of the anti-cover-up system (Saudi or non-Saudi) to take advantage of the corrective period regulation for the conditions of violators of the anti-cover-up system and to submit requests to correct their status through the ministry’s website mc.gov.sa before the expiry of the deadline on February 16, 2022, in order to avoid the penalties prescribed in the system and their consequences and the retroactive payment of income tax.

The process of correction is easy and easy through several options, including: entering a new legal partner “Saudi or non-Saudi” and continuing to work in the facility, or the Saudi’s disposal of the facility by selling, ceding or dissolving it, or registering the ownership of the facility in the name of the non-Saudi by agreement between the Saudi and the non-Saudi. The Saudi can transfer the ownership of the facility to the non-Saudi after the latter obtains an investment license. A non-Saudi can also apply for a premium residence application, an investment license to continue working in the facility, or apply for a final exit.

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