Saudi Arabia: Saudi Arabia Identifies Types of Tasattur Activities

The Kingdom of Saudi Arabia has identified seven types of tasattur activities, which refers to activities which are against Saudi’s Anti-Commercial Cover-up Law. The non-Saudi worker of the commercial establishment paying its owner a monthly or annual lump sum amount; the non-Saudi worker managing transactions of the establishment's funds through bank deposits, cash payments, or money transfer within the Kingdom and outside; and the non-Saudi worker keeps blank documents, checks, and contracts. The ministry has urged institution owners to take advantage of the law's correction time for violators before the deadline on Feb. 16, 2022, via their website. The country’s National Program for Combating Commercial Concealment revealed the details of correction requests received by it. The Ministry urged owners of businesses to comply with the above-mentioned law.