REALWorld Law

Sale and purchase

Taxation of share deals

Which taxes are relevant/which transaction costs will be incurred when buying real estate via the shares in the owning company (share deal) and how are the transaction costs shared between the buyer and seller?



A share deal is not subject to VAT, notary's fees and state duty, or pension fund charges.

Other expenses (ie the legal fees, technical and financial consultants' fees etc) are normally payable by the buyer or may be shared by the parties.