Allowance of Installment Payment of Fines for Private and Non-Profit Sector Establishments
يسمح قرار جديد لمجلس الوزراء لمنشآت القطاع الخاص والقطاع غير الربحي بتقسيط الغرامات المالية المستحقة للدولة، على أن يضع وزير المالية القواعد المنظمة خلال 14 يوماً. ويسري القرار حتى مطلع 2027 أو عند إقرار نظام جديد للإيرادات.
The Cabinet issued a decision exceptionally allowing the installment payment of financial fines owed to the state and imposed on private and non-profit sector establishments, according to rules to be adopted by the Minister of Finance within 14 days from the date of approval of the decision.
The decision No. (105) dated 1/22/1448 AH, published in 'Umm Al-Qura' today (Friday), stipulates the exemption of fines covered by the decision from Articles (20) and (22) and other relevant regulatory provisions in the State Revenue System and its executive regulations, allowing establishments to request installment payment of fines according to the controls and rules adopted by the Minister of Finance.
Mechanism for submitting installment requests
The establishment wishing to pay the financial fine in installments submits a request to the concerned authority that imposed the fine, and it has the right to submit a new request under the decision even if it had previously submitted an installment request that was not approved before the decision came into effect.
The concerned authority shall study the installment request according to the rules adopted by the Minister of Finance, then refer its findings regarding the request to the Ministry of Finance within 10 days from the date of receipt.
The provisions of the decision shall take effect from the day following the lapse of 14 days from the date of its publication in the official gazette, and shall cease to apply on January 1, 2027, or upon the enactment of the draft State Revenue System and its executive regulations, whichever is sooner.
Automation of debt installment requests
The decision tasked the Saudi Data and AI Authority (SDAIA) and the National Center for Government Resource Systems, in coordination with the Ministry of Finance, to take necessary measures to automate requests for installment payment of debts owed to the state through national platforms.
The decision set a period of 45 days from its issuance to complete the automation procedures, in accordance with the State Revenue System and its executive regulations and the provisions regulating installment requests contained in the decision.
Original source: Akhbaar24
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