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Finance Minister approves amendments to the executive regulations of the real estate transaction tax

Reading time: 3 Minutesاعتمد  وزير المالية رئيس مجلس إدارة هيئة الزكاة والضريبة والجمارك معالي الأستاذ محمد الجدعان، تعديل اللائحة التنفيذية لضريبة التصرفات العقارية، على أن يتم العمل بالقرار ... Read more

Amendments specify conditions for real estate transfer exceptions for companies and real estate investment trusts and require audited financial statements.

05/05/2024

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

Invitation to comment on the draft real estate marketing and advertising regulations until December 8

The General Authority for Real Estate invites comments on the real estate marketing and advertising regulation until December 8, 2025.

Minister of Justice

Video | Digitization of the real estate sector Fast and accurate execution of real estate clearances

The digitization of the real estate sector in Saudi Arabia enhances the speed and accuracy of judicial procedures and achieves a significant improvement in beneficiary satisfaction.

Imminent transfer of the real estate exchange to the Public Authority for Real Estate Minister of Justice clarifies

The General Real Estate Authority is preparing to take over the management of the real estate exchange in coordination with the Ministry of Justice in Saudi Arabia.

Residential program

Saudi Green Building Forum reaffirms its commitment to supporting sustainable industrial transformation

Saudi Green Building Forum participates in the United Nations Industrial Development Conference to support sustainable industrial transformation.

«Immediate licensing» for off-plan sales projects. What impact will it have on the future of the real estate market?

The launch of the off-plan licensing service enhances the efficiency of the Saudi real estate market and increases investor confidence.

Saudi Central Bank

Financing entities are required to share real estate finance data with SIMAH«

Requiring financing entities to share real estate financing data with the Saudi Credit Information Company (SIMAH) to enhance transparency.

Inheritance platforms

«Inheritance Platform The »Inheritance Platform" lists all heirs' data and links it digitally with government agencies

Launching the «Inheritance Platform» to facilitate the counting of heirs and digitally link inheritance data with government agencies.

Video: Do white land fees apply to farms within the urban area? The head of the Real Estate Authority answers

White land fees do not include agricultural land within the urban area, according to the head of the Real Estate Authority.

Violating your lease could cost you dearly Citizen Account clarifies penalties for misinformation

A warning from the Citizen Account Program about providing false information in rental contracts and its possible penalties.

Strategic cooperation to develop real estate inspection services Saudi Arabia-led partnership for engineers

A partnership between the Saudi Institution of Engineers and Ayin to develop real estate inspection services and strengthen the sector until 2030.

Saudi Contractors Authority - Contracting Industry

Campaign to promote the use of model contracts in the construction sector

Launching a campaign to promote the use of model contracts in Saudi Arabia's construction sector to support transparency and preserve rights.

Real Estate Registration Authority Logo

The Real Estate Authority announces the completion of the first real estate coding and establishes the first global regulatory standard

The Real Estate Authority completes the first real estate tokenization and sets global standards to promote the digital market in the Kingdom.

Al-Haqeel

“Al-Haqeel sponsors the signing of SAR 231 million partnership contracts to strengthen municipal control and raise the efficiency of services

The signing of partnership contracts worth 231 million riyals to strengthen municipal control and improve services in 11 municipalities in the Kingdom.

Public Authority for Real Estate logo

General Real Estate Authority launches “Instant License” service for off-plan sales projects

The General Real Estate Authority launches the "Instant License" service to simplify the procedures of off-plan sales projects.

Cityscape Riyadh - Day 2

The second day of Cityscape... Agreements and MoUs to support the real estate and municipal sectors

Signing agreements to support the real estate and municipal sectors at Cityscape in Riyadh worth 231 million riyals.

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