The Saudi General Authority for Small and Medium Enterprises, known as ‘Monsha’at’, in collaboration with the Digital Government Authority, has introduced an array of discounted packages targeted at startups and SMEs through the ‘Mazaya’ platform. These initiatives include the elimination of certain annual fees, aimed at cultivating an entrepreneurial environment conducive to growth and enhancing the business landscape. This rollout involves partnerships with various government entities, as well as the companies Thiqah and Misr.
Among the new offerings is the ‘Wathiq’ package from Thiqah, which provides businesses and beneficiaries with a direct verification mechanism for commercial and judicial data, in addition to the national address for commercial establishments through an electronic link between the client’s systems and databases. This package, which offers a suite of services, comes with discounts of up to 50%, ensuring high precision data from primary sources, in cooperation with governmental bodies.
Additionally, Misr Company has introduced the ‘Mufeed’ package, designed to assist micro, small, and medium-sized enterprises within the financial sector to verify information registered with social insurance. This includes inquiries about wage information for subscribers and retirees, employment status, employer details, and other varied information, all available at discounts of up to 90% for SMEs.
