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Ministry of Finance boosts communication with businessmen and investors by launching a page for the tender system

Reading time: < 1 MinuteMinistry of Finance boosts communication with businessmen and investors by launching a page for the tender system

27/05/2023

System of competitions
Zakat, Tax and Customs Authority

Zakat Commission approves new executive regulations for the real estate transaction tax system

The regulation imposes a 5% tax on all real estate transactions and specifies the criteria for exemption and the value of the transaction.

Al-Haqeel

الحقيل: بيع الوحدات لغير المستفيدين خطوة لتحقيق توازن السوق العقاري

الموافقة تتيح بيع وحدات مشاريع الوزارة لشرائح جديدة ضمن ضوابط تنظيمية تراعي الشفافية واحتياجات السوق

Saudi Central Bank

Saudi Central Bank announces the start of the implementation of the latest Basel III reforms in the Kingdom

SAMA implements reforms to improve the sensitivity of the calculation of risk-weighted assets and updates the capital risk guidelines.

Cabinet grants the Ministry of Municipalities and Housing the authority to sell housing units to non-housing subsidy beneficiaries

The council agreed in Jeddah during a session chaired by the crown prince, with controls in coordination with the relevant authorities

Cadastre

Real Estate Registry wins Local Content Excellence Award in the private sector track

It won first place in the public services track with 78.05% local content during a ceremony sponsored by the Minister of Industry in Riyadh.

Zakat, Tax and Customs Authority

«Zakat» invites organizations to submit tax withholding forms for the month of April

Businesses are reminded to submit the forms via the Authority's website before May 11 to avoid the 1% late penalty every 30 days.

Residential program

محافظ الطائف يلتقي نائب محافظ الهيئة العامة لعقارات الدولة ويطلع على أهدافها ومشاريعها

استعرضا برامج ومشروعات الهيئة وآليات حماية وتنظيم واستثمار عقارات الدولة وتعزيز التعاون مع الجهات بالمحافظة

Launching the Occupational Safety and Health Standards Guide to promote safe and sustainable work environments

A directory of more than 4,500 standards for six sectors to support compliance, productivity and sustainability in business environments.

Off-plan real estate projects

هيئة العقار تتلقى 666 بلاغًا وترصد عددًا من المخالفات خلال الشهر الماضي

أجرت الهيئة ووزارة الموارد البشرية 18 جولة رقابية وزارت 237 منشأة وعاينت أكثر من 5,236 إعلانًا إلكترونيًا

تسوق- ضريبة القيمة المضافة

180 يوماً لتوفيق أوضاع المجموعات الضريبية المسجلة لدى «هيئة الزكاة»

هيئة الزكاة تمنح ممثلي المجموعات الضريبية مهلة 180 يوماً لتوفيق أوضاعهم بموجب تعديلات المادة العاشرة.

Public Authority for Real Estate logo - Regulatory Tours

General Real Estate Authority issues more than 7875 thousand licenses during the first quarter

KDIPA issued more than 7,875 licenses and documented 96,000 brokerage contracts with a growth of 97% in Q1 2025

Public Authority for Real Estate logo - Regulatory Tours

Public Authority for Real Estate conducts 18 rounds of inspections during April

The tours included visiting 237 real estate establishments, detecting violations, receiving 666 reports, and carrying out 15,443 audits.

White Land Fees Program

What are the most important effects of the new amendments to the white land fee system on the real estate supply

The amendments impose fees on vacant properties up to 10% and expand the scope of application to increase supply and improve land utilization.

White Land Fees Program

Al-Haqeel: Amendments to the White Land Fees Law are an important step in providing real estate supply

The amendments impose fees of up to 10% on vacant properties within the urban area and are implemented according to standardized regulations.

Cabinet of Ministers

Cabinet approves updated organizational structure and manual for the Ministry of Investment

It also approved the amendment of the White Land Fees Law, and the Council celebrated the realization of Vision 2030 by 93% and the Crown Prince's donation of one billion riyals.

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