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Proposal to cancel the license for debt collection activity

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Proposal to cancel the license for debt collection activity

The Ministry of Commerce intends to cancel the licensing requirement for debt collection activity, and this comes in an effort to facilitate the conduct of economic business and reduce the requirements related to this, in order to improve and upgrade the business and economic environment in the Kingdom and achieve the goals of Vision 2030. By informing the Ministry of a number of international experiences in this matter, it was found that there is no The existence of a profession related to debt collection for the benefit of others and the requirement to obtain a license to practice it.

  • 01/09/2020 - 29/10/2020
  • -

Organizer information

  • CS@mc.gov.sa
  • Ministry of Commerce -Trade, Economy and Investment Sector
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