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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
Housing Subsidy - Estate Liquidation

مجلس الوزراء يوافق على حد دخل الشخص الطبيعي الذي يعد مستحقاً للدعم السكني

Zakat & Income Tax - Zakat & Income Tax - Property Tax - Tax

The General Authority for Zakat and Income Tax (GAZT) announces the issuance of the executive regulations for the collection of zakat and sets the implementation date for the beginning of next year 2020

Real estate finance

خلال مؤتمر تمويل الإسكان.. التقنيات المالية “فنتك” تعزز حماية البيانات الخاصة بالمستفيدين من التمويل العقاري في المملكة

Housing units

Development Housing Program signs agreement to build new housing units in 12 cities and governorates

Real Estate Financing

Shura calls on the Real Estate Fund to provide new initiatives for those over 50 who do not own a home

Off-plan sales

UAE delegation at Wafex 2019 reveals the importance of legal regulation of off-plan sales

Competition system

The General Authority for Competition (GAC) launches the “New Competition Law” and Amlak highlights the general features of the system Flexibility supports the business sector

Commercial real estate

For the first time, receiving the title deed of the auctioned land «Itqan Real Estate offers commercial complexes and various lands in Al Gharabi neighborhood - Tuesday, March 12

Real estate sector

Amlak newspaper is a specialized sponsor SIRC5 real estate conference kicks off on Wednesday and discusses the Ministry of Justice's reforms in property registration services, real estate evacuation, systems and information and their importance in stimulating the real estate market

Commercial real estate

By order of the Execution Court in Riyadh Portfolio Real Estate Company offers commercial properties in distinctive locations on Monday, March 11

Municipal license

Minister of Municipal and Rural Affairs approves amendments to the Municipal Licensing Regulations Extending the validity of licenses to 5 years

Saudi Arabia's investment in tourism

428 enterprises operating in the tourism sector with funding of about 1.1 billion. 153 companies entering the sector this year

Business registers

The Saudi Arabian Monetary Authority (SAMA) allows organizations to benefit from pledged funds

Property

“Mulkia” real estate registration errors committee handles more than 600 requests and complaints from investors and individuals

Mortgage loan

Mortgage Fund approves transfer of mortgage from one property to another and enables women to buy the financed property

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