Author: Decree
The Minister of Commerce,
based on the powers granted to him by law,
based on article 262(e), article 267(1), and article 264(2) of the Companies Law issued by Royal Decree D/132 dated 1 Dhu Al-Hijja 1443 [30 June 2022],
after perusal of article 94 of the Executive Regulation of the Companies Law issued by Ministerial Decision 284 dated 23 Jumada Al-Thani 1444 [16 January 2023],
and after perusal of Ministerial Decision 239 dated 27 Dhu Al-Qa’dah 1445 [4 June 2024],
and in pursuance of public interest,
hereby decides
First
A direct punishment on anyone who violates their duty to deposit the financial statements must be imposed as follows:
(a) All forms of companies, other than the unlisted joint stock company
| Capital | Person responsible | Fine |
| 500,000 Riyal and less | One manager | 8,000 Riyal |
| Two managers and more | 4,000 Riyal | |
| More than 500,000 Riyal | One manager | 12,000 Riyal |
| Two managers and more | 6,000 Riyal |
(b) Unlisted joint stock company
| Capital | Fine |
| 5,000,000 Riyal and less | 15,000 Riyal |
| More than 5,000,000 Riyal | 20,000 Riyal |
(c) All forms of small and micro companies in accordance with the criteria mentioned in article 7 of the Executive Regulation of the Companies Law
| Person responsible | Fine |
| One manager or chairman of the board of directors | 4,000 Riyal |
| Two managers and more | 2,000 Riyal |
Second
A warning on anyone who violates his duty to deposit the financial statements for the financial year 2024 must be imposed.
Third
In the event that the violation of non-deposit of the financial statements is committed for two consecutive fiscal years from the date of this decision and the violation decision for the first fiscal year is considered final, the fine for the second fiscal year is increased by 50%.
Fourth
Notification must be in accordance with the provisions of article 94 of the Executive Regulation of the Companies Law.
Fifth
The decision replaces Ministerial Decision 239 dated 27 Dhu Al-Qa’dah 1445 [4 June 2024], and repeals all provisions in conflict with it.
Sixth
This decision must be published in the official gazette, and comes into force on the date of its publication.
Minister of Commerce
Dr Majid bin Abdullah Al-Qasabi
Issued on: 26 Dhu Al-Qa’dah 1447
Corresponding to: 13 May 2026
Published in Umm Al-Qura 5160 issued on 15 May 2026.
The Council of Ministers,
after perusal of Royal Court File 84428 dated 22 Shawwal 1447 [10 April 2026], which includes Chairman of the Board of Directors of the Insurance Authority Letter 455 dated 3 Ramadan 1446 [3 March 2025], regarding the draft Rules and Work Procedures of the Insurance Dispute and Violation Resolution Committees,
after perusal of the mentioned draft rules and procedures,
after perusal of the Advocacy Law issued by Royal Decree D/38 dated 28 Rajab 1422 [15 October 2001],
after perusal of the Cooperative Insurance Companies Control Law issued by Royal Decree D/32 dated 2 Jumada Al-Thani 1424 [31 July 2003],
after perusal of the Law of Sharia Pleadings issued by Royal Decree D/1 dated 22 Muharram 1435 [25 November 2013],
after perusal of the Civil Transactions Law issued by Royal Decree D/191 dated 29 Dhu Al-Qa’dah 1444 [18 June 2023],
after perusal of the Rules and Work Procedures of the Insurance Dispute and Violation Resolution Committees issued by Council of Ministers Decision 190 dated 9 Jumada Al-Awwal 1435 [10 March 2014],
after perusal of Bureau of Experts at the Council of Ministers Minutes 80 dated 29 Jumada Al-Awwal 1447 [20 November 2025] and Minutes 116 dated 13 Ramadan 1447 [2 March 2026],
after perusal of Council of Economic and Development Affairs Recommendation 28-26/47/I dated 27 Jumada Al-Thani 1447 [18 December 2025],
after considering Shura Council Decision 314/25 dated 19 Shawwal 1447 [7 April 2026],
and after perusal of General Committee of the Council of Ministers Recommendation 12245 dated 18 Dhu Al-Qa’dah 1447 [5 May 2026],
hereby decides
First
The Rules and Work Procedures of the Insurance Dispute and Violation Resolution Committees are hereby approved in the form attached.
Second
1․ Insurance dispute lawsuits must not be heard after the lapse of five years from the date on which the amount subject of the claim becomes due, unless there is an excuse accepted by the insurance dispute and violation resolution committees.
2․ For the purposes of applying the provisions of paragraph 1 of this clause, the due date of the amount subject to the claim is determined on the basis of what is stipulated in the relevant laws or instructions, or as agreed between the parties, unless there is a legal provision requiring otherwise.
3․ The insurance dispute and violation resolution committees shall not rule that the case must not be heard due to the passage of time, except at the request of any of the parties to the case or an interested party.
Third
The rules and procedures—referred to in clause First of this decision—must be published in the official gazette, and come into force from the date of entry into force of clause Second of this decision. Their provisions apply to cases of insurance disputes and violations that have not been adjudicated, and to procedures that have not been completed before their entry into force.
A draft royal decree has been prepared regarding clause Second of this decision, in the form attached to this.
The Prime Minister
Issued on: 25 Dhu Al-Qa’dah 1447
Corresponding to: 12 May 2026
Published in Umm Al-Qura 5162 issued on 5 June 2026.
With the help of Allah the Almighty
We, Salman bin Abdulaziz Al-Saud,
the King of the Kingdom of Saudi Arabia,
based on article 70 of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412 [1 March 1992],
based on article 20 of the Law of the Council of Ministers issued by Royal Order O/13 dated 3 Rabi Al-Awwal 1414 [20 August 1993],
based on article 18 of the Law of the Shura Council issued by Royal Order O/91 dated 27 Sha’ban 1412 [1 March 1992],
after perusal of Shura Council Decision 199/16 dated 17 Rajab 1447 [6 January 2026],
and after perusal of Council of Ministers Decision 835 dated 18 Dhu Al-Qa’dah 1447 [5 May 2026],
have decreed as follows
First
Articles 6 and 7 of the Law of Jobs for Handling Public Property issued by Royal Decree D/18 dated 23 Safar 1436 [15 December 2014] are hereby repealed.
Second
As an exception to the provision of clause First of this decree, the disbursement of the remuneration for managing public property—in accordance with the provisions contained in articles 6 and 7 of the Law of Jobs for Handling Public Property—continue for employees working in entities that have not yet implemented the method of disbursement from advances by bank cards, until these entities implement this method. These entities shall coordinate with the Ministry of Finance to develop a plan for the application of this method and to stop the disbursement of the remuneration within a period not exceeding the end of the financial year 2026. In all cases, the disbursement of the allowance ceases upon the expiry of the mentioned period.
Third
His Royal Highness the Prime Minister, the ministers, and the heads of independent concerned agencies—each within their mandate—shall implement this decree of Ours.
Salman bin Abdulaziz Al-Saud
Issued on: 24 Dhu Al-Qa’dah 1447
Corresponding to: 11 May 2026
Published in Umm Al-Qura 5162 issued on 5 June 2026.
The Board of Directors of the Saudi Authority for Intellectual Property, based on the powers and mandates entrusted to it by law and on the provisions of article 5(2) of the Statute of the Saudi Authority for Intellectual Property, approved by Council of Ministers Decision 496 dated 14 Ramadan 1439 [29 May 2018], as amended by Council of Ministers Decision 621 dated 20 Shawwal 1442 [1 June 2021],
based on article 26 of the Law on the Protection of Geographical Indications issued by Royal Decree D/102 dated 26 Jumada Al-Awwal 1447 [17 November 2025],
after perusal of clause Second of Council of Ministers Decision 360 dated 20 Jumada Al-Awwal 1447 [11 November 2025], which stipulates that the fee referred to in article 25 of the Law on the Protection of Geographical Indications must be determined in agreement with the Ministry of Finance and the Non-Oil Revenue Development Center, until the issuance and implementation of the Governance of the Practice of Imposing the Fee for Services and Works Provided by Entities That Have the Legal Authority to Impose a Fee,
and after perusal of Board of Directors Executive Committee Recommendation 01/02/2026 dated 13 Dhu Al-Qa’dah 1447 [30 April 2026], regarding the recommendation to the board of directors to approve the Executive Regulation of the Law on the Protection of Geographical Indications,
and in pursuance of the interest of work,
hereby decides
First
The Executive Regulation of the Law on the Protection of Geographical Indications is hereby approved in the form attached to this decision. (Document 01-1604-IPL-R-SAIP).
Second
The chief executive officer is hereby authorized to issue a decision to publish the fees for the services stipulated in the law and the regulation—in accordance with the legal procedures—after their approval, and they are considered part of the regulation referred to in clause First.
Third
The authority shall receive applications for the registration of geographical indications from the date of entry into force of the law and the regulation, and shall process them after the approval of the fees stipulated in clause Second.
Fourth
This decision must be published in the official gazette, and comes into force from the date of entry into force of the Law on the Protection of Geographical Indications.
May Allah provide success.
Chairman of the Board of Directors
Al-Shihana bint Saleh Al-Azzaz
Issued on: 24 Dhu Al-Qa’dah 1447
Corresponding to: 11 May 2026
Published in Umm Al-Qura 5161 issued on 22 May 2026.