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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
Riyadh - Real Estate in Riyadh - Trade Names System

وزير التجارة يعتمد اللائحة التنفيذية المعدلة لكود البناء السعودي

تحدد إجراءات وعقوبات منها غرامات 10 آلاف ريال، إيقاف الأعمال والإزالة أو التصحيح، نافذة فور نشرها.

Infographic: 5 provisions of the off-plan real estate marketing license

KDIPA clarifies the documents and durations (180 days), the decision deadline of 10 days, the obligation of the intermediary and the possibility of applying before the project is licensed.

Public Authority for Real Estate - Off-plan Selling

Real Estate Authority conducts control tours on 312 real estate establishments and monitors 8990 real estate advertisements

The authority carried out 18 rounds in May, visiting 14,086 locations, receiving 679 reports and examining 4,437 advertisements.

Al-Haqeel witnesses the launch of the conference to support and empower internal audit departments in the municipal and housing sectors

Coinciding with International Internal Audit Month, the conference kicked off in Riyadh with the participation of oversight leaders to discuss internal audit governance.

Matar Al-Shammari, Old Buildings - Real Estate Marketing

Challenges of choosing a business location

Practical tips for choosing a business location: Parking, proper contract term, check licenses and proximity of competitors

National Housing Company

“National Housing launches the fourth edition of ”Wa'ed“ program to qualify and train 150 people for the labor market

A 6-month training program that qualifies 150 graduates and offers bonuses, insurance, and employment opportunities.

National Housing Forum for Real Estate Supply Chains

منتدى سلاسل الإمداد العقاري يشهد توقيع أكثر من 100 اتفاقية وإتمام 28 صفقة للمطورين العقاريين

الوطنية للإسكان توقع شراكة مع سيتيك لإنشاء مدينة صناعية بقيمة تتجاوز 3 مليارات ريال وتوفير نحو 10 آلاف وظيفة.

Al-Haqeel: We are working to promote the construction sector and incentivize cooperation between local and international talent

During the Future Projects Forum, more than 1,000 foreign companies and projects worth more than 240 billion dollars were announced

Video | Federation of Saudi Chambers announces the formation of the first national committee for real estate development

Bandar Al Ameri was elected as chairman and Rashed Al Qadi as vice chairman, with the committee representing major real estate developers and four companies from the Investment Fund.

Ministry of Municipalities and Housing - Group Housing Requirements

“البلدية والإسكان” تختتم مشاركتها في أسبوع الإسكان الخليجي الثاني بالدوحة

وزارة الشؤون البلدية والقروية والإسكان استعرضت مشاريع الضواحي والتطبيق المطوّر وأوراق عمل حول الهندسة القيمية وجودة المسكن

Off-plan Real Estate Projects Real Estate Contributions

إنفوجراف| 5 خطوات للاستعلام عن ترخيص الإعلان العقاري

الهيئة العامة للعقار تطلق خدمة التحقق من صحة الإعلانات العقارية لزيادة الشفافية والحد من الإعلانات الوهمية.

Jazan Municipality conducts control tours on buildings under construction in Abu Arish governorate

During April, the municipality carried out 187 control rounds: 16 violations, 28 approved construction licenses, and 17 occupancy certificates.

Franchising - Facilities

“منشآت” تنظم فعالية “مسار العقار” لدعم رواد الأعمال والمطورين العاملين بالقطاع

الفعالية بالمدينة المنورة شملت جلسات استشارية وتعريف بدور صندوق تنمية الموارد البشرية وتمكين العاملين بالقطاع العقاري.

Real Estate Brokerage Compliance

Infographic | New updates in the real estate brokerage system platform Check it out

PRA unveils updates to verify real estate listings, notify brokers and improve query service

Off-plan sales projects - Real estate transactions

How does a real estate developer dispose of surplus off-plan sales projects?

The regulation regulates the withdrawal of surplus after the approval of the competent authority and the contractor and consultant reports, with a ceiling of 20% for non-construction expenses and retention of 20% and 5%.

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