اقتصاد

Issuance of instructions from the Industry Support and Development Fund

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Al-Anbat -

AlAnbat- Adel Fareed

The instructions of the Industry Support and Development Fund issued in the Official Gazette on Monday, determined the small institution in institution that has no less than five employees and no more than 24 employees.

It also determined the medium enterprise, which has between 25 and 249 employees, and the large enterprise, which has 250 employees and more.

According to the instructions, the industrial activity is the activity that transforms materials into a new product that changes its shape, components, or nature by different means of production, including chemical processes, mixing, cutting, forming, assembly, packaging and packaging, and achieves an added local value of at least 30% in accordance with the legislation in force mining of basic materials.


 
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