KSA: Counter Concealment Campaign Saudi-Arabia’s Anti Concealment Legislation
On 13 June 2022, the Ministry of Commerce (“MC”) of the Kingdom of Saudi Arabia (“KSA”) announced that inspectors from the National Program for Combating Commercial Concealment conducted 58,000 visits to businesses suspected of engaging in concealment activities during a period of five months. The MC reported that data analysis and artificial intelligence of 20 government agencies were linked to facilitate such investigations. Focus sectors were contracting and construction, wholesale and retail fabrics and clothing transportation, logistics, car maintenance workshops, spare parts outlets and others. This legal briefing provides an overview of the anti-concealment legislation in Saudi Arabia and its impact on businesses.
You can access our legal briefing on the following link: