VIDEO
Due to the fact that foreign buyers once had no real option to purchase property in the Czech Republic other than through an s.r.o., many are now facing a serious issue when it comes time to sell.
Selling this type of property means going through corporate profit and then distributing funds to the owner, which results in double taxation
— 21% corporate income tax
— 15% tax on distribution of funds to the owner
As a result, the actual amount received in hand is significantly reduced.
What used to be the only way to buy property has now become the reason many owners either delay selling or find the transaction financially inefficient.
Contact me for a consultation 📞 +420 606 171 876
Alexandra Kurbanova – real estate agent in Prague and suburbs.
Connect with me (Whatsapp, Viber): +420 606 171 876