The Transfer Fee applies to purchases of freehold properties. It is equivalent to 2% of the official appraised value of the property. Whether the buyer or the seller pays the Transfer Fee depends on the terms agreed to by both parties in the Sale and Purchase Agreement. At the date of the ownership transfer, the Transfer Fee is paid to the District Land Office where the property is located.

If the lease term is less than 3 years, a lease registration is not required for the lease to be legally enforceable. Leases exceeding 3 years, and up to 30 years, should be registered with the Land Office in order to ensure enforceability in court. Currently, the Lease Registration Fee is calculated at 1% of the total rental fee for the entire lease term. This cost is often borne equally by the lessor and lessee upon mutual agreement by both parties.

SBT is payable by companies and individuals who wish to sell a property that has been held for less than a period of 5 years. The tax rate is calculated at 3.3% (including Municipal Tax) of either the sale price or the official appraised value of the property (whichever is greater).

Stamp Duty is imposed at varying rates on certain legal instruments. Stamp Duty is only applicable in cases where SBT is not applied.

Where the seller is a company, the WHT is calculated at 1% of either the Land Department’s official appraised value or the contracted sale price (whichever is greater). An individual who earns income from selling a property, which includes condominium units, is subject to WHT under the Revenue Code of Thailand. The WHT is calculated at a progressive rate based on the official appraised value of the property.