News2021-01-28T10: 23: 54 + 00: 00


2828, 01, 2021

UBO register and UBO registration

January 28th, 2021|

The UBO register came into effect on 27 September 2020. From that date, the ultimate beneficial owners ("UBOs") of (almost) all new companies registered in the commercial register and other legal entities must be registered in a central and public register. Existing companies and other legal entities must submit their UBOs within 18

2727, 01, 2021

Transfer Tax

January 27th, 2021|

As of January 1, 2021, the Law on Taxes of Legal Traffic has been amended. When purchasing a property, 8% (instead of 6%) transfer tax is now due on the purchase price. The rate of 2% still applies to homes. However, this only applies to private buyers who purchase the

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