Cabinet Approves Cancellation of Financial Fee on Expatriate Labor in Industrial Establishments

The Cabinet approves cancellation of the financial fee on expatriate labor in industrial establishments.

SUMMARY

The Cabinet, chaired by Crown Prince Mohammed bin Salman, approves the cancellation of the financial fee on expatriate labor in industrial establishments, as part of supporting and empowering the industrial sector, enhancing the sustainability and competitiveness of national factories, in line with Saudi Vision 2030.

KEY HIGHLIGHTS

Cancellation of the financial fee on expatriate labor in licensed industrial establishments.
The decision is part of the wise leadership's support and empowerment of the industrial sector.
Enhancing the sustainability and global competitiveness of national factories.
Achieving Saudi Vision 2030 to build a competitive and resilient industrial economy.

CORE SUBJECT

Cancellation of the financial fee on expatriate labor in industrial establishments

The Cabinet, chaired by the Crown Prince and Prime Minister Prince Mohammed bin Salman bin Abdulaziz, and based on the recommendation submitted by the Council of Economic and Development Affairs, approved the cancellation of the financial fee imposed on expatriate labor in industrial establishments licensed under an industrial license.

This decision comes as a continuation of the support and empowerment provided to the industrial sector by the wise leadership, reflecting the Crown Prince's keenness to enable national factories, enhance their sustainability and global competitiveness, and achieve the Kingdom's ambitious vision towards building a competitive and resilient industrial economy. Industry is considered a fundamental pillar for diversifying the national economy in accordance with Saudi Vision 2030.

KEYWORDS

Cabinet financial fee expatriate labor industrial establishments Saudi Vision 2030 industrial economy

MENTIONED ENTITIES 4

Cabinet

🏛️ Organization

The government body that approved the decision

Prince Mohammed bin Salman bin Abdulaziz

👤 Person_Male

Crown Prince and Prime Minister

Council of Economic and Development Affairs

🏛️ Organization

The body that submitted the proposal to cancel the financial fee

Saudi Vision 2030

Other

The Kingdom's ambitious vision to diversify the national economy

KEY DECISIONS 1

Cancellation of the financial fee imposed on expatriate labor in industrial establishments licensed under an industrial license

Decision Maker: Cabinet chaired by Crown Prince Prince Mohammed bin Salman bin Abdulaziz

Status: Approved

Announced: 2025-12-17

Impact Areas:

industrial sector national economy