News 24 Detail of the additional recommendation submitted to the "Shura" on the exemption of small and medium-sized enterprises from the financial counterparty



[ad_1]

Shura CouncilRaeda Abunian, member of the Shura Council, stressed that emiratization was a fundamental requirement in all jobs and all professions, especially in the highest jobs of the hierarchy, stating that every citizen had the right to perform any work.

This is what was stated in Abunian's additional recommendation to the Board regarding the exemption of small and medium-sized enterprises (SMEs) from expatriate remunerations and the combined bill for occupations that can not be fully regulated.

She emphasized the importance of reducing unskilled labor and the pay gap between the medium-skilled workforce in order to make compromises favorable to citizens. According to Okaz, the recently launched "stimulus" initiative allows new and emerging companies to recover some fees in the early years of integration which will help reduce business failure rather than seeking solutions after have stumbled.

A member of the Shura insisted on the importance of studying whether the return had led to an increase in saoudization rates, especially in management positions, on the possibility of a break in the financial counterpart and studied its impact on the level of services offered by small and medium-sized enterprises.

The Minister of Labor and Social Development has invited the Minister of Labor and Social Development to explore the possibility of exempting small and medium-sized businesses from expatriate financial income and the combined bill, noting that this step would help increase the contribution of these enterprises to GDP and to reducing unemployment.

[ad_2]
Source link