(1) The manager of each establishment must verify and send the balance sheet and profit and loss statement to the labor office within six months of the end of the financial year. But if the manager of the establishment makes a request due to manasib mafik, the labor office can extend the deadline as deemed necessary.
(2) The establishment should also submit the following details while submitting the balance sheet:
(a) In case of depreciation, in which machinery or goods, in what manner was it deducted and the value of the depreciation until the balance sheet is submitted and the remaining value.
(b) The quantity of raw and ready-made goods in stock and the prevailing market price thereof.
(c) The amount allocated for the accommodation of the employees and the plan to use it.
(d) The total amount in the savings fund of the employees and proof of the bank where the amount is deposited.
(e) the total amount in the welfare fund.
(f) Arrangements made on behalf of non-revocable persons.