Saudi Contractors Authority to set refunding mechanism for expat fees, says Chairman
Saudi Contractors Authority (SCA) is working with the Ministry of Finance on a mechanism to refund the prepaid expatriate fees for contracts signed before the permit fee increase decision.
A meeting shall be conducted in that regard during this week, Okaz newspaper reported, citing Chairman Osama Al Afaleq.
Al Afaleq stressed on the importance of expediting the refunding process, as many firms were impacted by the fee hike, which was implemented on older contracts that extend beyond the hike date.
King Salman issued a royal decree in 2017, approving a SAR 72 billion private sector stimulus, of which SAR 7 billion were allocated for the government fee refunding initiative, Argaam previously reported.