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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
Removing construction and demolition debris

2970 cubic meters of construction waste removed in Abu Arish Governorate

أمانة جازان في أبو عريش أزالت 7 سيارات تالفة، وسوّرت 150م من المباني، ورفعت 18 حاجزًا، وأصلحت 670 عمود إنارة.

Civil Defense

Civil Defense clarifies the causes of electrical fires in homes and facilities

The Directorate emphasizes the importance of regular maintenance and identifies poor connections, overloaded sockets and the absence of automatic circuit breakers

Rent - Residential Contracts - Refunds

إيجار توضح طرق حل الخلاف بين المؤجر والمستأجر بشأن مصاريف الصيانة

المنصة تحدد: الصيانة الاستهلاكية على المستأجر والأساسية على المؤجر، والنزاعات تُحال إلى وزارة العدل.

With more advanced features Launching the new version of Baladi app to meet the needs of residents

The Ministry launches an updated version of Baladi that provides an integrated digital platform for municipal services, roads, interactive maps, and resident participation.

Ministry of Industry logo

Infographic: 118 new industrial licenses issued in February

The volume of license investments for February is 1.88 billion riyals and 93 factories started production with investments of 1.51 billion riyals.

Spokesperson for the General Real Estate Authority - Penalty for providing real estate informationTaysir Al-Mafraj

Video: Fines await those who fail to register their properties in the Land Registry

The speaker emphasizes the need to register during the deadline and the possibility of registering after a penalty, and explains the steps of the real estate transactions platform.

Removing rubble and construction and demolition debris

In detail... “Municipality and Housing” issues a guide to the requirements for the disposal of construction, demolition and renovation waste

A guide that regulates the systematic disposal of construction, demolition, and renovation waste and specifies requirements and disposal points as of April 1, 2024.

Evidence Law - Real Estate Transactions - Companies Law

How to avoid fraud in real estate transactions Public Authority for Real Estate answers

Practical tips from the Real Estate Authority spokesperson to avoid scams: Check the landlord, licenses, platforms, and use Ejar.

Off-plan Real Estate Projects Real Estate Contributions

الهيئة العامة للعقار تعتمد ضوابط تأهيل وتصنيف ممارسي نشاط المساهمات العقارية

الضوابط تحدد معايير التأهيل ودرجات التأهيل ورأسمال المنشأة لفئات المساهمة الصغيرة والمتوسطة والكبيرة

Public Authority for Real Estate - Off-plan Selling

Full details of the Real Estate Contributions Regulation and Escrow Account Regulations

اللائحة شملت 40 مادة موزعة على ستة فصول وتنظيمات للترخيص، توزيع الأرباح وإدارة حساب الضمان.

Board of Directors Meeting

The Board of Directors of the Public Authority for Real Estate reviews real estate legislation at its 26th meeting

Learn about the strategic plans, the progress of real estate registration, the activation of the real estate contributions system and the journey of selling and renting off-plan

Public Authority for Real Estate - Off-plan Selling

Public Authority for Real Estate clarifies 4 advantages of the Real Estate Registry

The real estate registry contributes to the accuracy of unit data, facilitates transactions, attracts investors, and enables documentation of ownership.

General Real Estate Authority removes 8067 real estate advertisements to verify compliance with the system

KDIPA carried out 31 monitoring rounds on 8354 real estate establishments in Riyadh, Sharqiya, and Makkah and processed 680 reports.

Minister of Finance Mohammed Al-Jadaan - Real Estate Transaction Tax Executive Regulations

Rules and conditions for expropriation of real estate and the mechanism for calculating compensation for owners

Financial: Evaluated with certified appraisers and compensated in excess of 20% with clear durations, and made 70% of Jeddah payments.

Starting May 26 8 neighborhoods benefit from the real estate registry in Makkah

It includes 1336 pieces of real estate and registration is available online or at service centers until August 29, 2024.

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