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The details of the articles of the Real Estate Transaction Tax Law after the Cabinet's approval

Reading time: 2 Minutesأعلنت المملكة العربية السعودية مؤخرًا عن موافقتها على نظام ضريبة التصرفات العقارية، وهو قرار يعكس التزام الحكومة بتعزيز الشفافية في قطاع العقارات وتحسين نظم الحوكمة ... Read more

Law sets 5% tax on real estate transactions with exemptions, penalties, enforcement mechanisms and a deadline to correct the situation

12/10/2024

Zakat, Tax and Customs Authority

«Ejar» confirms that the party causing the delay is liable for the costs of delay and maintenance

It clarifies that expenses, fines, and damages resulting from inaction are legally borne by the party at fault.

Real Estate Registration Authority Logo

«Real Estate Authority (REA) conducts 8 compliance inspections last month

The tours included visiting 108 establishments and conducting 6,532 audits, and the authority received 778 reports with violations and fines of up to 200,000 riyals

Nagz platform

How to activate a Najeez Business account via Najeez platform?

A summary of the steps to register and activate a business account for owners, companies and public benefit organizations through the Najeez portal.

Ministry of Municipalities and Housing - Group Housing Requirements

«Municipalities and Housing» emphasizes compliance with warehouses and storage requirements and calls for reporting violators

The ministry emphasizes that enforcing the requirements protects public safety and regulates investment, and calls for reporting via 940 and Baladi.

Residential program

Secretary of the Contractors Authority: SAR 2.2 trillion worth of projects turn the sector into a «gold mine»

Al-Rashoudi revealed 21 initiatives to develop the sector, emphasizing the existence of a funding gap and investment opportunities.

Ministry of Municipalities and Housing

“Municipalities and Housing”: Addressing objections to municipal violations within 15 days

The ministry allows receiving and processing objections electronically within 15 days via the unified objections platform, without field reviews.

Crown Prince directs extending the study period for regulating the relationship between landlord and tenant to no more than 90 days

The directive aims to finalize comprehensive regulatory requirements for the residential, commercial and office sectors to ensure the balance of parties' rights

Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

A Real Estate Perspective on Agricultural Investment

The increase in cultivated areas and the support of government programs and green initiatives reveal expansion opportunities and a growing market for agricultural investment.

Residential program

“Real Estate and Contracting Week” discusses the decision-making methodology for investing in real estate development

A workshop in Madinah presented by Adeeb Al-Muhaimid, organized by the Enterprise Support Center, on investment decision-making methodology, feasibility and risk analysis.

Ministry of Commerce - Saudi Companies

The deadline for filing financial statements expires today. Fines await offending companies

The deadline for filing financial statements for companies whose year ended on December 31, 2024 expires today, with fines for violators

Dr.. Dr. Hamoud Al-Faleh 2

The real estate broker. From the margins to the forefront

The 2023 system enforced licenses and standardized electronic contracts, documenting more than 96k contracts and issuing 35k licenses by Q1 2025.

Abdulhakim Al-Kharji - 95th National Day

Legal compliance and governance: The pillar of sustainability in real estate projects

كيف يحمي الالتزام القانوني وحوكمة المشاريع العقارية الاستثمارات ويعزز ثقة الممولين والمشترين.

Agricultural Investment Snippet

File - Investing in farmland creates other income-generating opportunities

Experts emphasize the transformation of agricultural land into an investment asset with expected returns, water risks, and property and technical constraints.

After its launch. What do you know about the real estate broker partnership documentation service?

الهيئة العامة للعقار تطلق منصة إلكترونية لتوثيق عقود شراكة الوسطاء لتعزيز الشفافية وحماية الحقوق وتقليل النزاعات.

Residential program

Enforcement Center and the Agricultural Development Fund sign an agreement to regulate liquidation and sale

تنص الاتفاقية على إسناد تقييم وتسويق وبيع الأصول العقارية الزراعية وربط تقني لتسريع التصفية

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