What is transfer tax?
Will you become the owner of a commercial property? Then you pay transfer tax when purchasing the property. You also pay transfer tax on rights to immovable property such as leasehold rights.
How much is the transfer tax?
The rate for transfer tax for a business property is 6%.
That is different from what you are used to when purchasing your house. A rate of 2% applies to homes.
What amount do you pay transfer tax on?
The transfer tax is calculated on the value for which you purchase the property.
Are you buying a commercial property for a lower value than the property is actually worth, for example from friends or family? Then you pay transfer tax on the economic value of the business premises. That is the high selling price that the seller could have obtained if the business premises were offered on the open market.
How do you pay transfer tax?
When the property is transferred, the civil-law notary makes a digital declaration for the transfer tax. You don't have to do anything for that. The notary also pays the transfer tax to the tax authorities on behalf of Your company.
You only have to pay the amount to the notary.