Article 41 of the KSA Value Added Tax Law stipulates a specific financial penalty for non-compliance with registration requirements. It states that any Person who does not apply for tax registration within the timeframe specified in the Implementing Regulations will be subject to a fine. The penalty for this violation is explicitly set at ten thousand (10,000) Saudi Riyals. This provision is part of Chapter 16, which covers tax evasion and associated penalties, underscoring the legal obligation for eligible persons to adhere strictly to registration deadlines to avoid financial sanctions and ensure full compliance.