Monsha'at refunds over 255 million riyals to eligible SMEs

Saudi Arabia's SME authority, Monsha at, has refunded over 255 million riyals in government fees to more than 8,800 qualifying small and medium enterprises through its Istirdad initiative. The program, which targets enterprises established between 2024 and 2026, covers ten main government fees and charges, including commercial registration fees, economic activity licenses, and expatriate worker levies.

Around 38,000 enterprises initially met the eligibility criteria, highlighting the initiative's wide reach and impact on easing financial burdens for startups. The Istirdad program enables eligible businesses to reclaim several government fees according to approved regulations and standards, supporting their growth and sustainability in their first three years.

Registration for the initiative remains open until the end of 2026, with disbursement of eligible refunds continuing until 2028 according to the approved payment schedule and regulations. SME owners are encouraged to check their eligibility and register via the Istirdad platform at https://estrdad.monshaat.gov.sa/home.