Urgent: The start of issuing the first invoice for white land fees in Riyadh… tomorrow
The Ministry of Invoice, submitting a request for an additional period for development, provided that the period is granted after the approval of the competent committee and in accordance with the approved controls, indicating that if the development is not completed within the additional period, fees are due for the entire period.
Objection to the fee invoice
The Ministry indicated that the system guaranteed the right to object to the fee invoice, as the taxpayer has the right to appeal before the competent committee within sixty days from the date of being informed of the invoice decision, provided that the committee decides on the objection within a period Not exceeding 60 days from the date of its submission, in accordance with the procedures and mechanisms specified by law.
The Ministry indicated that fees are applied to owners of Lands whose area or total area exceeds (5,000) square metres, and which are located within the declared zones in the city of Riyadh, which were divided into five segments according to their priority in urban development.
White land fees
The annual fees for the first segment were approved "Top priority" 10% of the land value, followed by the second tranche "High priority" By 7.5%, then the third tranche "Medium priority" 5%, while a 2.5% fee was imposed on the fourth tranche "Low priority"in addition to a segment outside the scope of priorities for which no fees are imposed, with it being calculated within the total lands owned by the taxpayer within the geographical scope of the city of Riyadh.
The Ministry added that the executive regulations for white land fees included all uses of lands located within the approved urban zones, and their uses are determined by a decision of the Minister according to the geographical scopes of each city. It also organized the mechanism for dealing with joint properties, so that each owner is obligated to pay the fee according to the percentage of the white land he owns.
Committee Technical
The regulations stipulate the formation of a technical committee that includes assessors licensed by the Saudi Authority for Certified Valuers, by decision of the Minister of Municipalities and Housing, which is responsible for estimating the value of white lands and determining the duration of their development or construction, and issuing its decisions by a majority.
It noted the taxpayer’s obligation to pay the fee and any fines resulting from violating the provisions of the system or the regulations, provided that payment is made within a calendar year.
Among them is the existence of an obstacle preventing the issuance of Licenses and approvals necessary for development… 4 cases in which the application of fees depends on For more |
The Ministry of Municipalities and Housing confirmed that the application of fees for white lands and vacant properties is a regulatory tool aimed at stimulating the development of unexploited lands within urban areas, reducing their monopoly, and increasing the supply of developed lands.
It stated that this contributes to achieving a balance between supply and demand and the stability of the real estate market.
It indicated that fees represent one of the regulatory possibilities for achieving urban development goals, Improving the efficiency of land use and supporting the quality of life, and that fee revenues are redirected to housing projects, in accordance with what the system stipulates and its executive regulations.
She pointed out that the Developer Services Center "completion" It provides direct support to white land owners who wish to develop their lands, by facilitating and accelerating licensing and approval procedures, and coordinating with government agencies and service agencies, in a way that contributes to enabling owners to complete their projects within the approved regulatory frameworks.
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