Comprehensive Guide to Commercial Cover-up
The Anti-Commercial Masquerade Law has been enacted to address the phenomenon of engaging in economic activities without the necessary licenses and to regulate the market, with the aim of enhancing transparency, justice, and protecting the economic environment. Commercial masquerade is defined as enabling a person to carry out an economic activity in violation of the law, whether directly or indirectly, including facilitating others to do so through means such as using a trade name or license. The law imposes strict penalties, including imprisonment for a period ranging from one to three years, and fines between 10,000 and 100,000 dinars. In cases involving substantial profits or repeat offenses, the fines can be higher. Additionally, tools used in the violation are confiscated. Penalties are intensified for cases involving suspended or unlicensed activities. The law applies to individuals and companies alike, with managers or responsible persons in the company liable if they neglect to prevent masquerade activities. The law also allows for reconciliation either before the start of a lawsuit or during its consideration, provided a fine of no less than half of the maximum is paid, with the possibility of license revocation or closing of the establishment upon conviction. Whistleblowers reporting masquerade crimes are entitled to a reward of up to 10% of the fines collected. Inspection and enforcement are carried out by authorized officers with judicial arrest powers. Penalties also include obstruction of the inspectors' work, with fines up to 10,000 dinars or imprisonment. Any provision conflicting with this law is rendered null and void, and the competent minister issues the necessary decisions for its implementation.
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