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Moc Started Issuing Home Licenses To Expats For Monthly Income
Ministry of Commerce started issuing ‘home’ licenses as a way to address the practice of renting a commercial license to an expatriate who operates the shop in exchange for a certain amount.
According to Al-Rai daily report, ‘home’ licenses will give opportunities to citizens who want to do business or earn money without the need to rent a shop or hire workers.Daily added that granting ‘home’ licenses to citizens who own very small enterprises usually home-based could limit the practice of renting a shop and obtaining a commercial license offered to an expatriate who operates the shop in exchange for a certain amount, which gives monthly income to the original licensee although he does not exert any effort.
The daily reported that obtaining a ‘home’ license is not costly and there is no need to get licenses for laborers. In case a very small enterprise succeeds remarkably, the owner must take the necessary steps to expand it by getting a commercial license to develop his business.
SOURCE : IIK
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