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A total of SAR 191,603,682 was paid as statutory payments to varied Government institutions and regulatory bodies, a breakdown of which is given below:
Paid to | Paid amount | Description | Reasons |
Government fees | 2,138,460 | Represents paid government fees | Statutory requirement |
The General Organization for Social Insurance (GOSI) | 20,288,362 | What is paid or charged for the period in accordance with the provisions of the labor law in the Kingdom. | Statutory requirement |
Zakat, withholding tax, and others | 151,683,828 | What is paid or charged over the period in accordance with the provisions and rules of the Zakat, withholding tax Law and value added tax. | Statutory requirement |
Labor Office and Visas | 17,493,032 | What is paid or charged over the period to the labor office | Statutory requirement |
Fines were imposed on the Company during the year 2023 by the Ministry of Interior, the Ministry of Justice, Municipality Fine, and Municipality Violations amounting to a total of SAR 1,799,580