1. Is notarisation required and are fees payable? | Yes – in respect of securities over immovable properties (real estate). Notarisation Fees:
- EUR 20 for transactions having a value from EUR 0.01 to 2,500.
- EUR 30 for transactions having a value from EUR 2,501 to 5,000.
- EUR 50 for transactions having a value from EUR 5,001 to 20,000.
- EUR 80 for transactions having a value from EUR 20,001 to 60,000.
- EUR 120 for transactions having a value from EUR 60,001 to 100,000.
For the transactions exceeding the amount of EUR 100,000, the fee will increase by EUR 20 for every EUR 20,000, but it cannot exceed a total fee amount of EUR 1,000. |
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2. Do the following securities / deeds require to be registered in the Local Property Register and what fees are payable? |
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2.1 Pledge over shares | No – but the Pledge agreement requires to be perfected by registration with the Pledge Registry. |
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2.2 Pledge over bank accounts | No – but the Pledge agreement requires to be perfected by registration with the Pledge Registry. |
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2.3 Pledge over movable assets / enterprise | No – but the Pledge agreement requires to be perfected by registration with the Pledge Registry. |
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2.4 Security transfer of rights to receivables, movable assets | No – but the Pledge agreement requires to be perfected by registration with the Pledge Registry. |
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2.5 Mortgage / land / real estate charge | Yes: - for loans up to EUR 10,000, the fee amount is EUR 10.
- for loans from EUR 10,000 to EUR 30,000, the amount is EUR 20.
- for loans from EUR 30,000 to EUR 50,000, the amount is EUR 30.
- for loans from EUR 50,000 to EUR 100,000, the amount is EUR 80.
- for loans that exceed EUR 100,000, for every additional EUR 100,000 the amount is EUR 30, but the overall amount cannot exceed EUR 400.
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2.6 Guarantee / surety / letter of comfort | No. |
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3. Do the following securities / deeds require to be registered at the local Registrar of Companies and what fees are payable? |
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3.1 Pledge over shares | Yes – basic fee – EUR 3; for each year – EUR 1. |
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3.2 Pledge over bank accounts | Yes – basic fee – EUR 3; for each year – EUR 1. |
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3.3 Pledge over movable assets / enterprise | Yes – basic fee – EUR 3; for each year – EUR 1. |
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3.4 Security transfer of rights to receivables, movable assets | Yes – basic fee – EUR 3; for each year – EUR 1. |
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3.5 Mortgage / land / real estate charge | Yes – basic fee – EUR 3; for each year – EUR 1. |
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3.6 Guarantee / surety / letter of comfort | Yes basic fee – EUR 3; for each year – EUR 1. |
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Please note that while the information on this page was current and accurate as at 12/12/16, it may no longer be current or accurate and so you must speak to your local CMS Banking contact if you require confirmation of any of the costs or fee levels as at today’s date!
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