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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
Zakat, Tax and Customs Authority

«Zatca calls on businesses to submit VAT returns for last month

«Zatca requires businesses to submit November VAT returns before December 31, 2025.

White Land Fees Program

Riyadh to start issuing white land tax invoices in 10 days

Start issuing invoices for white land fees in Riyadh from January 2026 to regulate the real estate market and reduce land monopolies.

Ministry of Municipalities and Housing - Group Housing Requirements

In detail... Ministry of Municipalities and Housing issues municipal requirements for private educational buildings

The Ministry of Municipalities and Housing issues new requirements for private educational buildings to improve the educational environment and public safety.

Residential program

Video A fine of up to 100,000 riyals for not complying with the in-kind registration of real estate

A fine of up to 100,000 riyals for not registering a property after the statutory deadline.

Future of Real Estate Forum

Future of Real Estate Forum 2026 discusses foreign ownership and real estate growth prospects

The Future of Real Estate Forum 2026 discusses foreign ownership and its impact on the growth of the real estate market in the Kingdom.

Autumn: Abolition of expatriate labor in industrial facilities boosts growth of the industrial sector

Eliminating the financial remuneration for expatriate labor boosts the growth of Saudi Arabia's industrial sector in accordance with Vision 2030.

Abolishing the financial compensation for expatriate workers in licensed industrial establishments

Abolishing the financial compensation for expatriate labor in industrial facilities to boost the industrial sector and achieve Vision 2030.

Residential program

Riyadh's white land fee invoices to be issued Next January

The issuance of white land fee invoices in Riyadh will start from January 1, 2026 with the possibility of requesting an additional deadline.

Zakat, Tax and Customs Authority

“Zatka carries out more than 20,000 inspection visits to markets and shops during the past month

"Zatca carried out 20,000 inspection visits to enhance tax compliance in the Kingdom last November.

Survey of the most obsessive professions

Survey: What are the most influential real estate activities in the market?

Survey reveals the most influential real estate activities in the market and the importance of specialization or diversification.

Off-plan real estate projects

“Real Estate Authority” detects off-plan sales violations and initiates legal proceedings against 25 real estate developers

The Real Estate Authority takes action against 25 real estate developers for selling off-plan units without a license.

Ministry of Commerce - Saudi Companies

Ministry of Commerce clarifies who is responsible for preparing and filing company financial statements

The Ministry of Commerce defines responsibilities related to the preparation and filing of financial statements of various companies to enhance transparency and governance.

Real Estate Registration Authority Logo

Learn about the schedule of violations of the landlord-tenant regulation after its release

The Public Authority for Real Estate issues a schedule of violations to regulate the relationship between landlord and tenant to promote transparency and contractual stability.

Abdulhakim Al-Kharji - 95th National Day

Distressed real estate estates: From stagnation to sustainable development

Analyzing distressed real estate estates and the importance of effective management for sustainable development in the real estate sector.

Residential program

Video: The absolute authenticity of real estate A legal guarantee that determines ownership and closes the door to disputes

The absolute authenticity of real estate: A legal guarantee that determines ownership and minimizes real estate disputes.

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