Month: June 2020

Reading time: < 1 MinuteHis Excellency the Minister of Justice and Chairman of the Supreme Judicial Council, Sheikh Dr. Walid bin Muhammad Al-Samaani, directed the abolition of territorial jurisdiction for all notary offices and notaries in accordance with a set of regulations, following an evaluation of the pilot phase of the initiative in Riyadh.The guidelines for abolishing territorial jurisdiction—in accordance with His Excellency the Minister’s directive—stipulate that instruments issued under the Comprehensive Wealth Information System … Read more

Reading time: < 1 Minuteوافق مجلس الوزراء، في جلسته التي عُقدت اليوم على تعديل فقرة من نظام ضريبة الدخل والتي تختص بإحدى الفئات الخاضعة لتلك الضريبة، حيث تمت الموافقة على تعديل الفقرة ( أ ) من المادة ( الثانية ) من نظام ضريبة الدخل الصادر بالمرسوم الملكي رقم ( م / 1 ) وتاريخ 15 / 1 / 1425هـ، … Read more

Reading time: 2 MinutesHousing Minister Majid Al-Hogail issued his approval of the executive regulations for the Law on the Ownership, Division, and Management of Real Estate Units, which was approved by the Council of Ministers at the end of last February, The regulations consist of six chapters and forty-one articles, allowing any landowner with a title deed that meets legal and regulatory requirements to construct a building on the land and subdivide it into independent units, and granting the owner the right to issue a title deed … Read more