Key points of real estate block transaction

Bulk property transactions are basically divided into two types: equity transfer and asset transfer of the project company, of which equity transfer accounts for the majority.

There are many taxes and fees involved in asset transfer, mainly deed tax, land value-added tax (cumulative tax rate, calculation is very complicated, generally need to ask the staff of the tax bureau to help calculate) and stamp duty. Among them, the land value-added tax is generally the largest and the most important.

There is basically no tax on equity transactions (only a few underdeveloped areas are required to pay land tax increase), and only stamp duty is required. The consideration of equity transaction is not property value, but property value is EV, which needs to be adjusted to equity value according to the balance sheet of the project company at that time, in fact, it is to adjust net liabilities.