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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

Off-plan real estate projects

Violations detected and reports received “Real Estate Authority” conducts 15 rounds of monitoring to ensure compliance during October

KDIPA visited 192 establishments, monitored 764 advertisements and received 271 reports during October

Evaluation Logo - Saudi Organization for Certified Valuers

Survey on modifying the compensation mechanism for expropriated property appraisers

KDIPA invites participation until November 11 to propose a mechanism to distribute fixed bonuses and assignment compensation according to clear criteria

Real Estate Authority official reveals how emerging technology is shaping the future of proptech What is it?

The General Real Estate Authority launches the Saudi Proptech Center and four initiatives to promote innovation and attract investment in real estate technologies.

Shura Council

Shura Council approves the amendment of the Saudi Building Code Implementation Law

Replace the "National Committee" with the Saudi Building Code Center and amend the text to make the Minister of Municipalities and Housing the Chairman of the Board of Directors of the Authority.

Off-plan real estate projects

Requirements for obtaining the premium sorting service from the Real Estate Authority and the application mechanism

KDIPA clarifies the documents (electronic deed, license, meters, AutoCAD plan) and the steps for automated submission through an accredited engineering office.

New initiative: Real Estate Authority allows real estate tech companies and innovators to test their products

KDIPA launches a pilot regulatory environment to enable proptech companies to test their technologies and develop regulatory frameworks.

Land Registry signs 3 agreements at Proptech Summit to empower real estate tech companies

Agreements allow Proptech companies to access trusted data via API and support sandbox initiatives

Real Estate Advertising Regulations

In detail... Draft amendments to the rules governing the provision of real estate appraisal services to financial entities

KDIPA invites interested parties to submit comments on amendments regulating real estate appraisal times and procedures and rejection conditions.

Saudi Contractors Authority - Contracting Industry

E-model contracts. What do you know about them, how to enter into them and how to benefit from them?

Saudi Contractors Authority's e-initiative for ready-to-execute contracts reduces disputes and facilitates contracting for contractors and owners

Real estate marketing

Real estate transaction tax exemptions What do they mean for the sector?

Cabinet approves new exemptions to reduce financial burdens on developers and stimulate the growth of the real estate market.

Exemptions from real estate transaction tax A comprehensive guide for beneficiaries

Detailing the cases and categories of exemptions and their conditions to promote investment and facilitate real estate transactions in Saudi Arabia

Building license via Baladi platform

Qassim Municipality conducts 24 inspection rounds to monitor construction violations

Conducted 1238 surveillance rounds in Q3 2024, issued 101 health certificates and confiscated more than 32 kilograms.

Real Estate Registry App. Learn about its most important services and how to benefit from it

The beta version offers property registration, real estate transactions, and property management via smartphones.

Hail Municipality issues 2523 compliance certificates during the building facade correction period

The organizational certificate is awarded to owners of new and existing buildings via Baladi as part of efforts to improve facades and enhance the urban landscape.

Saudi Building Code: Strict standards to protect lives and sustainability of buildings

A session at Restatex Jeddah 2024 explains code objectives, versions, application and training requirements, and international references

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