Refunds total 143M SAR under initiative
The General Authority for Small and Medium Enterprises (SME) "Monsha’at" announced that the amount of refunded government fees under the "Refund" initiative has exceeded 143 million riyals, benefiting more than 5,600 small and medium enterprises. The initiative includes refunds for fees such as the commercial registration, activity permits, and chambers of commerce costs. It targets businesses that commenced their activities between 2024 and 2026, with registration continuing until the end of 2026 and the disbursement of entitlements until 2028. The initiative aims to improve financial liquidity and support the growth and sustainability of these enterprises.
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