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«Commerce» solicits opinions on draft penalties for not filing financial statements within the statutory period

Reading time: < 1 MinuteThe Ministry of Commerce has submitted a draft ministerial decision on direct penalties for violating the failure to file financial statements within the statutory period. Read more

The proposed decision sets direct and graduated fines for companies that do not comply with filing their financial statements, taking into account small enterprises and soliciting feedback.

07/05/2026

Residential program

Video A fine of up to 100,000 riyals for not complying with the in-kind registration of real estate

A fine of up to 100,000 riyals for not registering a property after the statutory deadline.

Future of Real Estate Forum

Future of Real Estate Forum 2026 discusses foreign ownership and real estate growth prospects

The Future of Real Estate Forum 2026 discusses foreign ownership and its impact on the growth of the real estate market in the Kingdom.

Autumn: Abolition of expatriate labor in industrial facilities boosts growth of the industrial sector

Eliminating the financial remuneration for expatriate labor boosts the growth of Saudi Arabia's industrial sector in accordance with Vision 2030.

Abolishing the financial compensation for expatriate workers in licensed industrial establishments

Abolishing the financial compensation for expatriate labor in industrial facilities to boost the industrial sector and achieve Vision 2030.

Residential program

Riyadh's white land fee invoices to be issued Next January

The issuance of white land fee invoices in Riyadh will start from January 1, 2026 with the possibility of requesting an additional deadline.

Zakat, Tax and Customs Authority

“Zatka carries out more than 20,000 inspection visits to markets and shops during the past month

"Zatca carried out 20,000 inspection visits to enhance tax compliance in the Kingdom last November.

Survey of the most obsessive professions

Survey: What are the most influential real estate activities in the market?

Survey reveals the most influential real estate activities in the market and the importance of specialization or diversification.

Off-plan real estate projects

“Real Estate Authority” detects off-plan sales violations and initiates legal proceedings against 25 real estate developers

The Real Estate Authority takes action against 25 real estate developers for selling off-plan units without a license.

Ministry of Commerce - Saudi Companies

Ministry of Commerce clarifies who is responsible for preparing and filing company financial statements

The Ministry of Commerce defines responsibilities related to the preparation and filing of financial statements of various companies to enhance transparency and governance.

Real Estate Registration Authority Logo

Learn about the schedule of violations of the landlord-tenant regulation after its release

The Public Authority for Real Estate issues a schedule of violations to regulate the relationship between landlord and tenant to promote transparency and contractual stability.

Abdulhakim Al-Kharji - 95th National Day

Distressed real estate estates: From stagnation to sustainable development

Analyzing distressed real estate estates and the importance of effective management for sustainable development in the real estate sector.

Residential program

Video: The absolute authenticity of real estate A legal guarantee that determines ownership and closes the door to disputes

The absolute authenticity of real estate: A legal guarantee that determines ownership and minimizes real estate disputes.

Ministry of Municipalities and Housing - Group Housing Requirements

“Municipalities and Housing” conducts more than 7 million inspections to improve the urban landscape

More than 7.7 million inspections have been carried out to improve the urban landscape and ensure food safety in the Kingdom.

Off-plan real estate projects

Real Estate Authority detects 2517 real estate violations during the second quarter of 2025

The Real Estate Authority records 2,517 real estate violations in the second quarter of 2025, with increased activity and control in the market.

The end of the objections period for residential land purchase eligibility through the Real Estate Balance platform

The period for objections to the entitlement to purchase residential land in Riyadh before the electronic lottery ends in December.

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