1.
Benefit
•
Compensating the costs of visiting potential buyers to open greater
opportunities for cooperation with external companies to increase the sales of
the facility
•
Compensation of 90% of the fees with a maximum of 100,000 Saudi riyals annually (for
visits that include less than three invitees, the ceiling becomes 13,000 riyals
for each invitee)
• A maximum of 4 incentive requests per year
2.
Activities covered
•
Visa fees, airline tickets and hotel accommodations
•
The above covered activities apply to the auditors sent by the buyer (or
potential buyer) to review and approve the applicant on his list of approved
clients for future sales
3.
Value Proposition
•
Facilitate business development efforts with foreign buyers
•
Reducing the financial burden of visits to business partners
4.
Eligibility criteria
•
There are no criteria for this incentive
5.
Special Policies
•
The customer participating in the service must submit all documents that prove
the buyers visit before disbursing the incentive amount, including: (visitor
visas, ticket and hotel bills). The customer must also submit an extract from
the commercial register, a claim letter and the required documents after completing
the service
•
The exchange requirements must be submitted within 14 days from the date of
completion of the service and no request will be considered after the specified
period, except if the customer has a valid justification and there is still a
budget available after the expiry of the period
•
The customer must explain the need for the incentive by presenting the expected
result of receiving the incentive within the demand, for example: (the
percentage of increase in sales, the formation of experiences in certain areas
and specific markets, the expansion in specific markets, etc.)