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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

Ministry of Commerce Financial Statements Filing

Ministry of Commerce: Cancel the issuance of branch registers for individual enterprises and settle for a single commercial register

Both regulations take effect from April 3 with annual confirmation, bank account requirement, and a five-year grace period to rectify the situation

Ministry of Commerce - Commercial Register

Today is Thursday. Commercial Registration and Trade Names Regulations come into effect

The Ministry of Commerce imposes fines of SAR 500-10,000 and gives a five-year grace period to correct and cancel sub-registries.

Contracting - Construction

Saudi Building Code Center New organizational and financial arrangements

Decision to transform the National Committee into an independent center, transfer staff and property, and formulate a comprehensive system within 12 months.

Ministry of Commerce - Commercial Register

وزير التجارة يعتمد اللائحة التنفيذية لنظام القياس والمعايرة

تتضمن 49 مادةً في 12 فصلاً، وتشترط فحص التحقق الأولي، وتحمّل المشغلين تكاليف الإشراف وتحدد جداول مخالفات وعقوبات.

In detail... Licenses and permits for infrastructure projects in Riyadh to be put out for consultation

The center opens a "survey" platform to receive feedback from the public and entities until April 8 on the procedures for licensing infrastructure projects.

Zakat, Tax and Customs Authority

Identifying the target organizations in Group 22 for the connectivity and integration phase of e-invoicing

KDIPA is targeting establishments whose VATable revenues exceed SAR 1 million 2022-2024, and linking before December 31, 2025.

Zakat, Tax and Customs Authority

“Zakat calls on businesses to submit VAT returns for last month

The Authority invites businesses with annual supplies above SAR 40 million to submit their February VAT returns by March 31

Residential program

Today. The start of the real estate registry in Jumoum Governorate in the Makkah region

Reception of applications for in-kind registration for 159 plots in the syndicate's neighborhood, with the deadline ending June 26, 2025 via rer.sa or the app.

Infographic: Commercial Registry and Trade Names System services suspended next Thursday for 7 days

The ministry is urging business customers to complete orders and pay bills before shutting down services between March 27 and April 3, 2025.

“GCC begins end-of-term review of anti-dumping duties against cement imports

The General Secretariat announced the opening of an investigation to review duties on clinker imports in accordance with the provisions of the Unified Law of the Gulf States.

National Water Company

Today. Deadline for documenting water meters before additional services are suspended

شركة المياه الوطنية: توثيق العدادات رقميًا قبل 15 مارس 2025 لتجنب إيقاف الخدمات وفصل خدمة المياه

Residential program

Riyadh Municipality reduces building permit application procedures to 180 seconds via “Madinaty” application”

The service allows authorized property owners to obtain approvals digitally, quickly and efficiently, supporting the construction sector.

White Land Fees Program

ماهي شروط الحصول على مهلة إضافية في برنامج رسوم الأراضي البيضاء؟

شروط أساسية لطلب تمديد: تقديم الطلب قبل الموعد، سداد الرسوم، إرفاق مستندات وخطة معتمدة عند الحاجة.

Cabinet approves transforming the National Committee for Saudi Building Code into a center

Approving its organizational arrangements, amending the Building Code Implementation Law and approving in principle the establishment of the Saudi Building Code Academy

Off-plan real estate projects

Real Estate Authority monitors 20,342 real estate advertisements and receives 584 reports last month

جولات تفتيشية ومسح إلكتروني للتحقق من التزام الوسطاء بالأنظمة، ودعوة لتقديم البلاغات عبر المنصة والاتصال.

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