Saudi Shoura seeks study to retain expat fee of 2019 for this year
The Council also urged to study the effectiveness and efficiency of implementing the law to combat commercial fraud
Saudi women and men, members of the Saudi Shura Council, attend a session chaired by Saudi Arabia's King Salman, in Riyadh December 23, 2015.
REUTERS/Faisal Al Nasser
By Staff Wroter, Saudi Gazette
RIYADH — The Shoura Council on Monday called on the Ministry of Commerce to coordinate with the relevant authorities to carry out a study about the possibility of retaining the fee for expatriates and their dependents at the level of 2019 for the fiscal year of 2020.
The Council also urged to study the effectiveness and efficiency of implementing the law to combat commercial fraud, and developing the law in a way that ensures raising its standard and achieving the goals.
A few weeks ago, the Council members called for carrying out studies on the negative effects of imposing fees on foreign workers on various social and economic realms.
They also underlined the need for raising the minimum scale of salaries to attract more Saudis to the employment sector as part of the measures to address the unemployment problem.
The Council members on Monday underlined the need for balanced development of various regions. During its deliberations on the report of the ministry, members urged the ministry to give more focus on further enhancing foreign trade exchange and implementing agreements signed with countries and international institutions, and their impact on supporting the local economy.
The Council asked the ministry to study, in cooperation with the relevant authorities, about the existing challenges of special-purpose firms in the event of the sponsoring company becoming bankrupt.
The Council also called on the ministry to study the causes of corporate bankruptcy and the subsequent exit of companies from the market with proposing to set the necessary controls to curb it.
The Council also called for strengthening the role of consumers in monitoring through the use of modern technical applications on various enterprises and commercial activities.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
Get Zawya's daily newsletter for insightful and exclusive Middle East perspectives on business and finance. SUBSCRIBE NOW