Latest news with #establishments
Khaleej Times
08-07-2025
- Business
- Khaleej Times
Saudi Arabia announces extension of tax amnesty programme; conditions for fine exemption
Saudi Arabia announced an extension of a tax amnesty programme until December 31, 2025. The initiative, running from July 1, cancels fines and exempts establishments from financial penalties incurred as a result of overdue tax returns filing or violations. First implemented in 2020 by Zakat, Tax and Customs Authority (Zatca), the scheme was introduced with the aim to help establishments cope with the financial implications of Covid. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Types of taxes included Value Added Tax (Vat) Withholding Tax Excise Tax Income Tax Real Estate Transaction Tax (Rett) Exemption from fines Subject to certain conditions, the following fines will be exempted under this programme: Fines from late registration in all tax laws and regulations Delayed payment fines, overdue tax return submission in all tax laws and regulations Vat return correction penalty Fines for violations of Vat field detection and e-invoicing, based on Article 45 of the Vat law What are the conditions for exemption? Non-registered persons must register in the tax system Submitting all required tax returns to Zatca. This includes those that have not been previously submitted, and correctly declaring all undeclared tax returns Paying the full tax debt principal. Applicants can also apply for an installment scheme, subject to certain conditions listed below. These exemptions are eligible on tax returns which should have been filed before July 1. They do not apply on penalties from tax returns that should be filed after June 30. Installment plan The request for paying dues through an installment plan can be submitted before the scheme ends. The request will be reviewed by Zatca to ensure the taxpayer is qualified for the installment plan. The payments shall then be scheduled under specific periods However, if the installments are not paid on time, the plan will be cancelled. If the approved plan is cancelled, the exempted fines and those relating to the principal unpaid tax will then be imposed, depending on the original payment due date. If the taxpayer is on an approved installment plan, all payable dues will be exempted from late payment fines, even after the end of the exemption initiative. What are the tax violations? The Vat violations include: Vat violations of e-invoicing provisions include:
Zawya
04-07-2025
- Health
- Zawya
Saudi: SFDA to penalize 996 erring establishments
RIYADH — Inspection teams from the Saudi Food and Drug Authority (SFDA) have detected violations of 996 establishments during inspection teams carried out during the last two months of April and May. The authority officials conducted 5,912 monitoring and investigation tours, resulting in the seizure of 996 violating establishments out of 4,307 establishments that covered inspections in various regions across the Kingdom. The inspection tours also resulted in the closure of 136 establishments for not obtaining the necessary licenses and for violations affecting product safety. In addition, 127 production lines were suspended and 1,750 types of products were seized and impounded. This comes as part of the authority's efforts to verify the compliance of establishments subject to its supervision with approved regulations and to achieve the highest levels of quality for products circulating in the markets. During these tours, the authority's inspection teams were able to seize violations of a food establishment where raw materials of unknown origin were found. It was also found that a number of workers were employed without health certificates that necessitated the closure of the facility by the authority and the adoption of necessary punitive measures. Several unlicensed warehouses were seized for illegally storing expired medical products, in conditions that violated transportation and storage requirements for medical products. A total of 313,789 products were immediately seized, and regulatory measures were completed against the violators to ensure consumer protection from unsafe products. The authority officials also seized a food factory that had committed several violations, including failure to obtain a Hazard Analysis Critical Control Points (HACCP) quality certificate, the accumulation of meat in raw material freezers, and signs of spoilage on some aged meat. In addition, the external production date did not match the production date on the product, and there was a noticeable decline in hygiene within the facility. Furthermore, some workers did not have health certificates. The inspection teams seized 2,000 kilograms of food products unfit for consumption. The authority is completing regulatory measures against the factory. During joint inspection tours, carried out along with the Saudi Authority for Industrial Cities and Technology Zones (MODON), the SFDA teams detected a number of violations on the part of a factory under construction. The most notable violations included the lack of a license from the SFDA, a complete lack of food safety regulations, manufacturing practices and production lines that violate food production requirements, and several violations affecting safety and quality. This prompted the closure of the factory and production lines, the precautionary recall of products pending analysis results to ensure their safety, and the adoption of legal action against the erring factory. The authority emphasized the need for facilities subject to its supervision to adhere to approved regulations and systems. It called for reporting any violations through contacting the unified number 19999. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Khaleej Times
30-06-2025
- Business
- Khaleej Times
UAE cracks down on firms for falsely employing workers; Dh34 million fines imposed
The UAE has imposed over Dh34 million in fines on owners of companies that violated certain labour laws since the start of 2025, the Ministry of Human Resources and Emiratisation (MoHRE) announced on Monday, July 30. These violations include not engaging in licensed activities and for having one or more registered workers without an actual employment relationship. The ministry has detected around 1,300 establishments, owned by approximately 1,800 employers, that were not effectively practicing their licensed activities, despite having registered workers without a real employment relationship. The authority took strict measures against these establishments, including suspending the issuance of new work permits, imposing more than Dh34 million in fines on their owners, and placing them in the third category in the classification scheme for private sector establishments. Action was also taken against the owners in order to prevent them from registering any new establishments in the authority's systems. Employers whose establishments cease operations for any reason have been urged to cancel their licenses and settle the status of their workers in accordance with UAE's legal procedures. The authority's monitoring system takes into account factors like authorised business activity, number of sponsored workers, transaction movements with the ministry, and other criteria verified through field inspections. The public has been urged to report any unlawful practices through the ministry's call centre on 60059000, or its smart application and official website.
Yahoo
26-05-2025
- Business
- Yahoo
Metro Vancouver's soaring rents forcing non-profits out of business
A beloved Burnaby, B.C., thrift store is getting set to close up shop amid a major rent hike. It joins a long list of establishments struggling to stay afloat amid Metro Vancouver's real estate crisis. Sohrab Sandhu reports.
CBC
26-05-2025
- Business
- CBC
Metro Vancouver's soaring rents forcing non-profits out of business
A beloved Burnaby, B.C., thrift store is getting set to close up shop amid a major rent hike. It joins a long list of establishments struggling to stay afloat amid Metro Vancouver's real estate crisis. Sohrab Sandhu reports.
