Don't pay 8,000 riyals for a "dormant" company! 💸
Many company owners think that if a company is not active, it is exempt from financial statements, and this is a wrong misconception that can cost you a lot!
The Ministry of Commerce has started imposing direct penalties on non-compliant establishments:
✅ First year fine: 8,000 riyals.
✅ Second year fine: 12,000 riyals.
✅ Third year fine: 18,000 riyals.
We help you in:
Preparing and submitting financial statements through the approved XBRL program.
Ensuring your compliance with the new Companies Law.
Protecting your commercial registration from serious violations.
Contact us now.. and save your money for your business growth!Don't pay 8,000 riyals for a "dormant" company! 💸
Many company owners think that if a company is not active, it is exempt from financial statements, and this is a wrong misconception that can cost you a lot!
The Ministry of Commerce has started imposing direct penalties on non-compliant establishments:
✅ First year fine: 8,000 riyals.
✅ Second year fine: 12,000 riyals.
✅ Third year fine: 18,000 riyals.
We help you in
Ensuring your compliance with the new Companies Law.
Protecting your commercial registration from serious violations.
Contact us now.. and save your money for your business growth!