Owning a business does not affect social insurance registration, GOSI clarifies

The General Organization for Social Insurance (GOSI) has clarified the status of social insurance beneficiaries who own a business, and whether this affects their registration in the system.

Does owning a business affect social insurance?

GOSI explained that owning a business does not conflict with registering in the social insurance system under another employer, provided there is an employment relationship.

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Does having a commercial registration affect social insurance?

GOSI has also clarified the status of retirement pensions for those who hold a commercial registration.

The organization stated that having a commercial registration does not affect eligibility for retirement benefits.

GOSI added that working in a job covered by the social insurance system does not impact pension entitlement under retirement regulations.

Warning to social insurance beneficiaries

GOSI warned beneficiaries about fraud attempts and impersonation of its employees, urging them not to share personal or banking information with unknown parties or individuals.

The organization emphasized in a post on its official X account that its employees do not request personal or banking information over the phone, including passwords or access codes for the Nafath platform.

GOSI clarified that communication with beneficiaries is conducted through the organization's official number, stressing that social insurance employees will not ask for bank account details, personal information, or Nafath access codes.

The organization urged beneficiaries to exercise caution and not respond to suspicious requests seeking their information, highlighting the importance of awareness about fraud tactics to protect personal and financial data from exploitation.