Inspectors from the National Program for Combating Commercial Concealment have made 58,000 visits to businesses suspected of engaging in concealment activities across the Kingdom in the last five months.
The business entities were inspected based on data analysis and artificial intelligence linked by 20 government agencies to monitor suspected concealment cases, bust violators, and impose legal penalties on them.
The visits targeted entities engaging in different activities and economic sectors, primarily: contracting and construction, wholesale and retail, fabrics and clothing, transportation and logistics, car maintenance workshops, spare parts outlets, and others.
The Anti-Concealment Law has approved deterrent penalties for violators of up to five years in prison, a fine of up to five million riyals, the seizure and confiscation of illegal funds for perpetrators of the crime following the issuance of final court rulings against them. Violators will face the shut-down of the facility, the liquidation of the activity, the revocation of the commercial register, the prohibition from engaging in any economic activity for five years. Individuals engaged in concealment will be deported and not permitted to re-enter the Kingdom.