The National Program to Combat Commercial Fronting all violators of the law to rectify their situations, especially businesses with annual revenues of “two million riyals” and take advantage of the benefits of the rectification period to avoid the application of deterrent legal penalties, which include up to 5 years in prison and a fine of 5 million riyals. The program emphasized that there will be no extension of the rectification period, which ends tomorrow, Wednesday..

The program confirmed that it will continue to accept rectification requests until the end of the period via the Ministry of Commerce’s website: mc.gov.sa. Violators can take advantage of the rectification options specified in the Rectification Regulations, which are: (partnership in the business between a Saudi and a non-Saudi; registration of the business in the name of a non-Saudi; a Saudi continuing to operate the business by bringing in a new partner; a Saudi disposing of the business; a non-Saudi obtaining a special residency permit; or a non-Saudi leaving the Kingdom).