The Ministry of Commerce has made great strides in combating the phenomenon of commercial concealment with numerous and intensive efforts, starting years ago with awareness and guidance on the dangers of this behavior that eats into the body of the national economy and causes the slow death of the country's resources and capabilities, until the ministry, in cooperation with 20 government agencies, reached the finish line announced on February 16. <Following the general trend of reforms that have occurred in the map of the relationship between service providers and beneficiaries, all regulations are working to erase distortions and randomness, such as the approval of dealing <a href="https://amlak.net.sa/34008/" data-type="post" data- will greatly facilitate the task of combating commercial concealment, whose owner works with minimal costs and implements his plans through loopholes and exploiting the facilities granted by the competent authorities to citizens and national institutions to invest and improve their resources and maximize the benefit with all transparency and clarity in the type of activity and how to manage it, but some are still waiting until the penalties that reach 5 years in prison and a fine of 5 million riyals, after disclosure and reporting were ambitious and fair incentives and options.
<According to the data issued by the Ministry of Trade and Investment, the contracting sector received the largest share of the cover-up, as the number of targeted institutions is expected to reach 86 thousand institutions in the contracting sector that fall under the crime of commercial concealment out of 200 thousand establishments, and the retail sectors are expected to monitor 84 thousand establishments, according to the data released by the Ministry of Trade and Investment. With these frightening figures, the light shines from the end of the dark tunnel of concealment, accompanied by good news when we see a great response to the campaign to address these distortions; a number of large and medium enterprises, whose annual revenues exceeded more than 6 billion riyals, benefited from the corrective period during the past period.
The Ministry of Commerce has developed with its partners a number of ambitious options such as these partnerships, and other options to introduce a new partner in the establishment (Saudi or licensed foreign investor), in addition to the privileged residence for foreigners, these solutions and treatments wipe the injustice from the chests of those involved and make them feel satisfied to continue activity and continuity in the labor market with a new dress free of defects.These solutions and treatments wipe the injustice from the chests of those involved and make them feel satisfied to continue activity and continuity in the labor market with a new dress free of defects.








