Certain notary fees will be reduced effective January 1, 2023

Een man in een wit shirt kijkt naar zijn smartphone terwijl hij aan een tafel zit, met een horloge om zijn pols.

As a result of a change in the law, the following notary fees will be lower than they are today, effective January 1, 2023:

  • A reduction in notary fees for the purchase and financing of a primary residence valued at up to €850,000.00. Notary fees associated with drafting the deed of sale for a home priced between €100,000.00 and €350,000.00 will decrease by an average of €1,000.00. For the purchase of homes priced between €350,000.00 and €850,000.00, the reduction in fees will be gradual. This reduction does not apply to the purchase of real estate by a corporation.
  • The notary fees for drafting standard articles of incorporation when forming a BV will amount to approximately €1,000.00 as of January 1, 2023. Currently, you pay approximately €1,500.00 for this. Please note that this applies only to natural persons who incorporate the company in question by making a cash contribution.

Despite the care taken in drafting this text, inaccuracies may still exist, and the information contained herein may have become outdated due to recent changes in the law. The content of this newsletter is for informational purposes only and should not be considered comprehensive legal advice. Crauwels Advocaten and the authors of this newsletter therefore cannot be held liable for the legal completeness of our newsletters. For specific questions or information tailored to your personal situation, please feel free to contact our firm.

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