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2026-08-24T16:36:11.811Z

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Refundable government fees for 8800 establishments exceed 255M Riyals

Refundable government fees for 8800 establishments exceed 255M Riyals

The article discusses the "Recovery" initiative launched by the General Authority for Small and Medium Enterprises "Monsha'at," which aims to support startups during the establishment and growth phases by reimbursing government fees totaling more than 255 million SAR, benefiting over 8,800 eligible enterprises so far. The initiative primarily covers fees for commercial registration, activity licenses, chamber subscriptions and posta, patent registration fees, and allows reimbursement of up to 80% of the financial costs for foreign workers. The registration period runs until the end of 2026, with payments of eligible amounts continuing until 2028, in an effort to reduce financial burdens, improve liquidity, and enhance the sustainability and growth of these enterprises.

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