Saudi Cabinet endorses Real Estate Transactions Tax Law

17/09/2024 Argaam
A Cabinet session

 A Cabinet session

The Saudi Cabinet, in its session chaired by Crown Prince Mohammed bin Salman today, approved the Real Estate Transactions Tax Law.

 

The Cabinet also approved the Commercial Register and Trade Names Laws.

 

In another decision, the Cabinet gave a nod to naming the year 2025 as the (Year of Handicrafts).

 

It also approved the guiding model for a memorandum of understanding between the Saudi Food and Drug Authority (SFDA) and its counterpart agencies in other countries to cooperate in their areas of specialization.

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