Law of White Land Tax and Vacant Real Estate and its Executive Regulations

Release Date:	1437-02-12
Release Tool:	Royal Decree
Issuance Instrument Number:	m/4
Validity:	Valid
Date of last amendment:	1446-11-07
Summary:	By AI The Law on White Land Fees, approved by the Ministry of Housing, aims to increase developed land, achieve a balance between supply and demand, and provide accommodation at reasonable prices. The law imposes an annual fee on white land owned by natural or legal persons who are not government entities, with the fee determined based on criteria such as the location of the land and building regulations. The Implementing Regulation specifies the mechanisms for applying the fee, including the timeline...

Release Date:

1437-02-12

Release Tool:

Royal Decree

Issuance Instrument Number:

m/4

Validity:

Valid

Date of last amendment:

1446-11-07

Summary:

By AI

The Law on White Land Fees, approved by the Ministry of Housing, aims to increase developed land, achieve a balance between supply and demand, and provide accommodation at reasonable prices. The law imposes an annual fee on white land owned by natural or legal persons who are not government entities, with the fee determined based on criteria such as the location of the land and building regulations. The Implementing Regulation specifies the mechanisms for applying the fee, including the timeline...