Real estate transaction costs and taxes in Belgium

Cost

EUR 250

VAT

Nil

Cost

N/A

VAT

Nil

Cost

EUR 30-EUR 150

VAT

Nil

Cost

EUR 14 plus VAT per certified extract.

VAT

21%

Cost

EUR 1,500 and EUR 15,000

VAT

21%

Cost

EUR 2,000 and EUR 3,000

VAT

21%

Cost

If building is “new” for tax purposes and
election is made, VAT applies.

VAT

21%

Cost

1. 12.5% on purchase price in Brussels and Wallonia; 10% on purchase price in Flanders.
2. If building is “new” for tax purposes and election is made, transfer duty does not apply (but see VAT).

Nil

Belgian resident company: capital gains are subject to corporation tax at normal rates (29.58% as from 1 January 2018 and 25.00 % as from 1 January 2020). Foreign company same as for Belgian resident company.

Companies are exempt from capital gains taxation on gains realised upon the disposal of the shares provided that: (i) the subject-to-tax condition is met and (ii) the shares have been held in full legal ownership for an uninterrupted period of at least one year (iii) the company holds a participation of more than 10% in the capital or at least EUR 2,500,000 of investment value in capital.
If the one-year minimum holding period condition is not met (but the holding threshold and the subject-to-tax condition are met), the capital gains are taxable at a separate corporate income tax rate of currently 25.75%. In case the holding threshold and/or the subject-to-tax condition are not met, the capital gains is subject to the standard corporate tax rate (being 29,58% and 25% as of 2020).