When buying or selling land and property in Bali, taxes and fees and additional costs must be taken into account.
I. When buying land and real estate in Bali, there is a tax and a notary fee.
1. VAT (VAT) - 11% of the value of the object.
2.Notary fee - 1% of the cost of the object and land
II.When selling land and real estate in Bali, VAT, income tax (dividend tax) and notary fees arise.
1. VAT (VAT) - 11% (This tax is borne by the buyer or shared with the seller 50% / 50%
2.Notary fee - 1% of the cost of the object and land
3. Tax on dividends for a non-resident of Indonesia - 20% or tax on dividends for a resident of Indonesia - 10%
In order to become a resident of Indonesia, you need to become the founder of a company, obtain a KITAS investor visa and register for tax purposes.
III. When renting out a property in Bali, income tax arises (dividend tax)
1. Tax on dividends for a non-resident of Indonesia - 20% or tax on dividends for a resident of Indonesia - 10%
You can learn more about taxes and legal tax optimization from our experts.