The Social Security Corporation (SSC) has renewed its call for indebted establishments to take advantage of the Board of Directors’ decision to extend the 0% interest installment option until June 30, 2025, and for establishments in the tourism sector until December 31, 2025.
اضافة اعلان
The SSC clarified that it has simplified the procedures for installment plans on outstanding debts, allowing repayment over a period of up to 120 installments, taking into consideration the financial conditions of these establishments and aiming to support their ongoing operations and economic activities, which in turn benefits the community and citizens.
Regarding tourism sector establishments, the Corporation stated that they were granted additional privileges, including repayment periods of up to 180 installments, due to the severe impact this sector has faced from recent regional events that have negatively affected tourism activity and the overall work environment.
The SSC also noted that establishments with an active installment or rescheduling agreement are also eligible to benefit from this decision and may submit a request for re-scheduling under the new terms.
