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Cabinet Approves Real Estate Transaction Tax Law

Reading time: < 1 Minuteرأس صاحب السمو الملكي الأمير محمد بن سلمان بن عبدالعزيز آل سعود ولي العهد رئيس مجلس الوزراء – حفظه الله -، الجلسة التي عقدها مجلس ... Read more

5% is levied on the value of the sale or transfer of the property and is payable upon real estate clearance or notarization.

18/09/2024

State real estate system

Government agencies can lease property through a lease-to-own system

Cabinet of Ministers

Authorized by the Council of Ministers. The State Real Estate Leasing Law unifies the organizational, supervisory and oversight authority for state real estate

Ministry of Justice

The Minister of Justice issues a circular on the conditions and cases of registering leases within the network

real estate-jeddah-170x113-min (1)

Jeddah Municipality begins enforcing the fencing of vacant land on the main axes and streets

Ministry of Justice - Foreclosure

Execution courts receive 336.9 cases in commercial order bonds in 11 months

New Company Law

The new Companies Law brings together all «commercial, professional, and non-profit» businesses in one legislative document

Business registers

Ministry of Commerce bans dealing with unlicensed foreign advertisers

9 استطلاع الرخص التجارية

ظاهرة إلغاء الرخص التجارية.. مابين تقليص النشاط.. ودمج المؤسسات الصغيرة من أجل البقاء

Ministry of Justice issues multi-party agency

وزارة العدل تقدم خدماتها الإلكترونية لأكثر من 5 ملايين مستفيد

Cryptocurrencies

غرفة الرياض تكشف اللثام عن خطورة التعامل بالعملات الرقمية المشفرة

Shura Council Discusses VAT - Mortgage Loan

مجلس الشورى يصوت هذه الأسبوع على أنظمة المساهمات العقارية والبيع على الخارطة

Public Authority for State Properties - «Lease System» contracts»

“عقارات الدولة” تطرح 21 فرصة استثمارية بفترات زمنية تصل إلى 25 سنة

Reconnaissance

“Building Compliance License Procedures” and ”Awqaf System” projects on the “Explore” platform”

Cabinet issues decision to establish Health Holding Company to improve quality and services

Abdullah Faisal Abulkhair

Property Articles Issue 241... Abdullah Faisal Abu Al-Khair writes: Real estate is on the rise    

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