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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

Zakat & Income Tax - Zakat & Income Tax - Property Tax - Tax

GAZT launches 15 initiatives to stimulate the economy and encourage the private sector

Apartments for rent - apartment rental platform - residential rental - real estate lease

Ejar program completes 600 thousand notarized contracts ... and confirms the fine of 25 thousand riyals for contracts outside the network

Minister of Justice Engineering Offices - Commercial Courts - Emptying - Real Estate - Notarization

مركز الإسناد والتصفية “إنفاذ” يدعو المحاسبين والمحامين والمقيمين والمكاتب الاستشارية والهندسية للتسجيل في منصته

- Trade - Gulf Cooperation Council

GCC adopts recommendation to impose customs duties to combat the dumping of ceramic tiles and porcelain tiles of Chinese origin

Riyadh - Real Estate in Riyadh - Trade Names System

أربع مراحل لتنفيذ قرار إلزام المقاولين بالتأمين ضد العيوب الخفية على المباني والإنشاءات

Commercial Arbitration Center - Trade

The Saudi Center for Commercial Arbitration plans to launch “Emergency Mediation during the Coronavirus Pandemic”

Real Estate Prices - Real Estate

الهيئة العامة لعقارات الدولة تطرح مسودة “نظام نزع ملكية العقارات للمصلحة العامة ووضع اليد المؤقت على العقار”

King Salman bin Abdulaziz - Electricity Services

Cabinet approves providing electricity and water services to beneficiaries without requiring any certificate

Conciliation platform

Ministry of Justice issues 10,897 rulings during the suspension of attendance at workplaces

Municipal Affairs - Rental Properties - Real Estate

“The Ministry of Municipal and Rural Affairs grants 60 new powers to regional and governorate secretaries, deputy ministers and department directors

Retail Housing Finance

Royal orders limit unlicensed finance activity and set controls to prevent the exploitation of defaulters

Royal Orders - Private Sector - Labor Market

Royal orders modify curfew times and allow some economic activities, including contracting and factories, to operate

Buildings - Commercial Register - Contracting Projects - Workers' Residences - Shops - Construction - Real Estate - Investment

Private sector contracting projects with more than 50 workers exempted from working during curfew

VAT Payment - Real Estate

Ministry of Housing issues more than 215,000 VAT certificates for first home

Ministry of Justice Notarization - Real Estate Notarization

Ministry of Justice performs more than 11,000 real estate-related notarizations since the start of remote work

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