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Saudi Arabia: Articles of Incorporation Translation Service Launched News developments

Saudi Arabia: Articles of Incorporation Translation Service Launched

  • 29/08/202129/08/2021
  • by Benjamin Filaferro

Saudi Gazette, 26 August 2021: Saudi Arabia’s Commerce Ministry has announced it has launched an articles of incorporation translation service.

The instant service will enable companies to obtain an electronic copy of the English translation of the articles of incorporation.

The aim is to reduce the time and effort in obtaining these documents.

The service can be accessed via https://mc.gov.sa/. Also reported in Al-Eqtisadiya on 26 August 2021. For full story see https://www.aleqt.com/2021/08/26/article_2159316.html

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Saudi Arabia: E-invoicing System Launched News developments

Saudi Arabia: E-invoicing System Launched

  • 29/08/202129/08/2021
  • by Benjamin Filaferro

Saudi Gazette, 25 August 2021: Saudi Arabia’s Zakat, Tax and Customs Authority has announced an e-invoicing system is going to be launched.

The FATOORAH system is aimed at promoting fair competition, tackling the black market and helping efforts to tackle anti-commercial concealment.

The system will be implemented in two phases.

The first phase will be launched on 4 December this year.

It will apply to taxpayers who are covered by the E-Invoice Regulation.

Tax invoices will have to be created and stored along with related debit and credit notices.

The second phase will be implemented gradually from January next year.

Taxpayers who are regulated by the FATOORAH regulation will have to stop issuing handwritten invoices, or invoices issued manually via text editing software. They will also have to be able to generate and store invoices electronically through a compliant e-invoicing system. This can be a cash register machine, a cloud system, or an enterprise resource planning software. The simplified tax invoices must include a QR code and tax invoices must include the VAT number of the buyer if the buyer is a registered VAT taxpayer.

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Saudi Arabia: Shipping Brokers Obliged to Issue Electronic Transport Document News developments

Saudi Arabia: Shipping Brokers Obliged to Issue Electronic Transport Document

  • 29/08/202129/08/2021
  • by Benjamin Filaferro

Al Riyadh, 23 August 2021: Saudi Arabia’s General Transport Authority has announced all entities who are working as shipping brokers should issue electronic transport documents from 15 September 2021.

The Authority said the relevant entities can apply for the document through its electronic portal.

The documents will include the basic details of the broker including sender, receiver, description of shipped items and the cost of shipping.

The Authority added the electronic document will enable it to monitor the shipping processes.

The aim of the document is to improve the quality of transportation services and protect the rights of senders and receivers.

For full story see https://www.alriyadh.com/1903181.

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Saudi Arabia: Rules for Learner Drivers Clarified News developments

Saudi Arabia: Rules for Learner Drivers Clarified

  • 21/08/202121/08/2021
  • by Benjamin Filaferro

Gulf News (United Arab Emirates), 19 August 2021: Saudi Arabia’s Traffic Department has clarified the rules for learner drivers in the Kingdom.

The minimum driving age in the country is 18. This is decided in line with the Islamic calendar.

Learners can drive at 17 under the Islamic calendar under supervision.

Saudi Arabia’s Public Security Department allows citizens and residents to obtain a driver’s license.

Medical check-ups have to be taken. This check-up includes blood samples, an eye test and a general check-up.

Applicants must also pass a theory test. This includes 20 questions.

In terms of practical training, applicants have to go to a driving school first to get an assessment and the number of training hours required will then be determined.

The driving school will provide learner drivers with a training course customised to their needs. This will be followed by an assessment.

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Saudi Arabia: Artificial Lakes Cannot be Created News developments

Saudi Arabia: Artificial Lakes Cannot be Created

  • 15/08/202115/08/2021
  • by Benjamin Filaferro

Saudi Gazette, 12 August 2021: Saudi Arabia’s Environment Water and Agriculture Ministry has announced artificial lakes cannot be created on farms.

These lakes are usually created for investment or recreational purposes.

Anyone who creates an artificial lake will be committing a violation of the water regulations.

The regulations aim to protect water resources, ensure their sustainability, rationalise their consumption and prevent future misuse.

The Ministry added they do not grant licenses to dig wells or lakes.

They went on to say they will take action against any violators.

Among other penalties, the license to use groundwater could be revoked for repeat offences.

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Saudi Arabia: 100% Saudisation of Malls Comes into Force News developments

Saudi Arabia: 100% Saudisation of Malls Comes into Force

  • 05/08/202105/08/2021
  • by Benjamin Filaferro

Saudi Gazette, 4 August 2021: The decision to implement total Saudisation in closed commercial complexes came into force on 4 August 2021 in all regions of the Kingdom.

This follows a ministerial decision to make all jobs in all activities and professions within malls and mall management offices available exclusively to Saudi citizens. However, this excludes a limited number of activities and professions, such as cafes and restaurants where the rate of Saudisation will be 50% and 40% respectively. Hypermarkets and supermarkets ae also covered within the exempt activities..

The decision was the first of three issued by Minister of Human Resources and Social Development in April, which aims to create 51,000 jobs for Saudi nationals in the employment market.

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Saudi Arabia: Air passengers to be fine up to 500k Riyals for COVID-19 Travel Ban Breaches News developments

Saudi Arabia: Air passengers to be fined up to 500k Riyals for COVID-19 Travel Ban Breaches

  • 03/08/202105/08/2021
  • by Benjamin Filaferro

Arab News, 2 August 2021: The Saudi Public Prosecution office has warned it will impose fines of up to 500,000 Riyals on passengers breaching travel ban restrictions by boarding flights to countries which are heavily affected by COVID-19.

Similar penalties will also apply to operators or owners of the means of transportation.

Officials added that severe punitive measures would be taken against travellers who failed to disclose that they had visited any of the countries which were listed on the Kingdom’s COVID-19 travel ban list.

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Saudi Arabia: Three Year Travel Ban Imposed on Nationals who Travel to Banned Countries News developments

Saudi Arabia: Three Year Travel Ban Imposed on Nationals who Travel to Banned Countries

  • 01/08/202101/08/2021
  • by Benjamin Filaferro

Okaz, 27 July 2021: Officials from the Saudi Interior Ministry have confirmed that nationals who have travelled to banned countries will be subject to a travel ban.

It was stated that the Ministry has warned against travel to certain countries in order to contain and prevent the spread of the new variant of COVID 19. Nationals who are proven to have violated these guidelines could face travel ban for up to three years.

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Saudi Arabia: Electronic Calculator Service for Legal Deadline Launched News developments

Saudi Arabia: Electronic Calculator Service for Legal Deadline Launched

  • 01/08/202101/08/2021
  • by Benjamin Filaferro

Almadina, 25 July 2021: The Board of Grievances has launched a new electronic calculator which will help calculate legal deadlines.

The service will help relevant parties know the deadlines for legal pleas against administrative decisions. It will enable the parties to determine the type of the administrative decisions and what is the legal deadline for appealing it. The aim of the new service is to help speed judicial procedure. 

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Saudi Arabia: Shadow Economy Crackdown Intensified News developments

Saudi Arabia: Shadow Economy Crackdown Intensified

  • 25/07/202125/07/2021
  • by Benjamin Filaferro

Arab News, 21 July 2021: The Saudi Arabian authorities have intensified their crackdown on those involved in the shadow economy.

It follows the introduction of an anti-commercial concealment law.

It is aimed at ensuring foreign investors operating in the Kingdom are licensed and operating under the right commercial arrangements.

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