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Law mandates notifying authorities and insurers

Law mandates notifying authorities and insurers

The Public Shops Law issued by Law No. 151 of 2019 mandates that the competent licensing center must notify the Tax Authority and Social Insurance agencies within one month of issuing the license. This aims to assist the state in integrating informal economic activities into the formal economy and in collecting due taxes and insurance contributions. The law also stipulates the establishment of licensing centers within local units and city authorities affiliated with the Urban Communities Authority, headed by an official from the respective unit or city agency, with the participation of representatives from security, health, and environmental authorities. The executive regulations specify the controls and procedures for these processes. Additionally, the Higher Committee, based on a recommendation from the licensing center, may prohibit the establishment or expansion of certain shops in specific areas according to defined criteria. This is part of an effort to regulate and improve the licensing system for commercial, industrial, and religious establishments, with the goal of enhancing oversight and ensuring the collection of the state's financial rights.

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