Tax-free transfer of real estate from s.r.o. (Ltd) to private ownership
JUDr. Jakub Vozáb, PhD. 13.01.2016
Dissolution of a Limited Liability Company (sro) And Tax-Free Transfer of Real Estate to Shareholder
Many foreigners were forced by Czech legal restrictions to set up corporations for holding real estate in past however conditions changed and both EU and non-EU foreigners may acquire real estate in the Czech Republic directly without any limitations. Now is the time to think about avoiding useless corporations and connected expenses. Beside expensive common real estate transfer and corporation liquidation there is a possibility to execute simple kind of merger by which shareholder (even a natural person) takes over all corporate property and the corporation is terminated within one procedure avoiding real estate transfer tax and substantial expenses for company liquidation. The total expenses usually range from 45,000 CZK to 80,000 CZK without VAT regardless value of the corporate property. We can confirm the total final calculation of expenses in advance after receiving necessary documents. Should you be interested in details please feel free to contact us.
If you have any further questions, feel free to contact us.