Decision of the Minister of Human Resources and Social Development No. (136241) dated 19/07/1442 AH
The Minister of Human Resources and Social Development
Based on the powers granted to him by law
And after reviewing the provisions ofArticle Eleven Bis of the Labor LawIssued by Royal Decree No. (M/51) dated 23/8/1426 AH, amended by Royal Decree No. (M/24) dated 12/5/1434 AH, amended by Royal Decree No. (M/1) dated 22/1/1435 AH, amended by Royal Decree No. (M/46) dated 5/6/1436 AH, amended by Royal Decree No. (M/14) dated 22/2/1440 AH, amended by Royal Decree No. (M/134) dated 27/11/1440 AH, amended by Royal Decree No. (M/5) dated 7/1/1442 AH, and after reviewingthe Implementing Regulation of the Labor LawIssued by Ministerial Decision No. (70273) dated 11/4/1440 AH, amended by Ministerial Decision No. 54908 dated 16/3/1441 AH, amended by Ministerial Decision No. (142906) dated 13/8/1441 AH, amended by Ministerial Decision No. (146481) dated 7/9/1441 AH, amended by Ministerial Decision No. (3485) dated 7/1/1442 AH.
Decides the following:
First: The amendment of Annex Four of the Implementing Regulation of the Labor Law (Rules for Practicing Recruitment Activity and Providing Labor Services) is approved to be in accordance with the attached text to this decision.
Second: Currently licensed companies are granted a transitional period until 1/3/2022 to comply with the provisions of these rules.
Third: Exceptionally from the provisions of Article Nine of the rules, recruitment offices wishing to amend their legal entity to a small domestic labor recruitment company are granted a transitional period until 31/12/2021, during which the office category can be changed to a recruitment company with the capital raised to one million riyals, provided that the company commits to raising the specified capital to two and a half million before 31/3/2022, and commits to fulfilling the full capital specified in the rules before 31/3/2023.
Fourth: This decision shall be published in the Official Gazette and on the Ministry's website and shall come into effect from the date of its publication.
Fifth: The Deputy Minister for Labor shall take the necessary measures to implement this decision.
Minister of Human Resources and Social Development
Eng. Ahmed bin Sulaiman Al-Rajhi