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712 economic activities are about to benefit from cancellation of license verification: MLSD

Publication date: 21 September 2022 - 25 Safar 1444
"العمل والتنمية الاجتماعية": 712 نشاطا اقتصاديا في سوق العمل ستستفيد من خدمة إلغاء إجراءات التحقق من التراخيص

The Ministry of Labor and Social Development (MLSD) said on Thursday that a total of 712 economic activities will benefit from the service that relies only on verification of their commercial registry instead of their license. 95 percent of entities go under these economic activities, which plays a role in facilitating work for entrepreneurs and entities in the private sector as well as raising effectiveness of the labor market. Khaled Abalkhail, spokesman for MLSD, said the new measure will lessen restrictions on licenses by requiring the commercial registry of these economic activities whose entities represent 95 percent in the private sector. The spokesman pointed out this procedure comes as part of the new several developments under the Saudi Vision 2030 aiming to empower the private sector and provide government services at ease. Other economic activities that do not have to present their commercial registry are still required to process their licenses from other public entities and submit them to the ministry as per regulations, Abalkhail pointed out. He said the private-sector entities can utilize the service that will be offered online without the need to visit any of the labor offices located in various regions of the Kingdom.

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