Violating Establishments Urged, to quickly, Submit Correction Requests

National Anti-Concealment Program urged all violating establishments to quickly submit requests, from online for correction, and to take advantage of the benefits of the corrective period, for violators of the anti-cover-up system, before it expires, after one month on February 16, 2022.

The program confirmed that the remaining 30-day is the last opportunity to correct position, as 20 government agencies are working to control those who hide behind artificial intelligence techniques, analyze data and information, in order to impose legal penalties on them, up to 5-year, in prison, and a fine of up to SR5 million.

During the last month of the corrective period, the national program to combat cover-up, will continue to receive requests to correct the positions, from online through: mc.gov.sa according to the following options: Partnership in the facility between Saudi and non-Saudi, registration of ownership of the facility in the name of a non-Saudi, and the Saudi continuing to engage in economic activity by entering a new partner in the facility (a Saudi or a licensed foreign investor), and the Saudi’s disposal of the facility by sale, assignment, or dissolution of the facility, in addition to the option for a non-Saudi to obtain a premium residency, or for the non-Saudi to leave the Kingdom, permanently, for good.