Transfer fees and taxes

What taxes and fees apply when a Thai condominium is transferred?

Four charges, and one of the middle two rather than both: a 2% transfer fee, specific business tax at 3.3% OR stamp duty at 0.5%, and withholding tax. The rates below are the standing framework as at 22 July 2026.

Transfer fee — 2% of the official appraised value of the unit (the Land Department's valuation, which can differ from your price), charged under the fee schedule made by ministerial regulation under the Land Code B.E. 2497 (1954). This is the one charge that applies to essentially every transfer.

Specific business tax (SBT) — 3.3% including municipal tax, under §91/2(6) of the Revenue Code with Royal Decree No. 342 B.E. 2541 (1998), payable when the seller has owned the unit for less than five years. An individual seller can fall outside it earlier if the unit was their registered residence for at least a year. SBT is assessed on the higher of the sale price and the appraised value.

Stamp duty — 0.5% under the Stamp Duty Schedule of the Revenue Code, payable only when SBT does not apply. You pay one or the other, never both.

Withholding tax — for an individual seller, calculated on the appraised value under §50(5) of the Revenue Code using a years-held formula and the progressive personal rates; for a company seller, a flat 1% of the higher of price and appraised value under §69 ter. It is a prepayment of the seller's income tax, so it customarily belongs to the seller.

Who pays the transfer fee — the buyer or the seller?

Whoever the contract says: nothing in Thai law fixes the split on a resale, so it is negotiated. The common resale arrangement is the transfer fee shared equally, with SBT or stamp duty and the withholding tax carried by the seller, since they relate to the seller's gain. But every combination exists in practice, including 'each side pays half of everything' and price-inclusive deals.

New developments are different. The Committee on Contracts notification designating condominium sale a contract-controlled business under the Consumer Protection Act B.E. 2522 (1979) caps what a developer may pass to a buyer at half of the 2% transfer fee — business tax and withholding remain the developer's. Promotions that absorb the buyer's half are common and worth asking about.

Whatever is agreed, write it into the reservation agreement and the sale and purchase agreement in plain terms. Our listings record the arrangement in the transfer-fee terms field, and it is always confirmed before you commit.

What do the charges add up to on a ฿10 million resale?

About ฿90,000 for the buyer on a customary split, and several hundred thousand for the seller. Take a resale unit sold at ฿10,000,000 with an appraised value of ฿9,000,000, owned by an individual for three years. Transfer fee: 2% of ฿9,000,000 = ฿180,000. SBT: 3.3% of ฿10,000,000 = ฿330,000 (owned under five years, so stamp duty does not apply). Withholding tax: assessed on the ฿9,000,000 appraised value under the §50(5) years-held formula — commonly in the low hundreds of thousands of baht in this range. On a customary split, the buyer's share is half the transfer fee: ฿90,000.

What does it cost to own the unit after the transfer?

A monthly common fee set per square metre, a one-time contribution to the condominium's fund on first transfer, and annual land and building tax under the Land and Building Tax Act B.E. 2562 (2019), which has been assessed since 2020 by the local authority on the appraised value. These are listed per property and confirmed with the juristic person during due diligence.

Rates and reliefs change — governments periodically reduce transfer fees to stimulate the market, and thresholds move. Treat the figures here as the standing framework as at 22 July 2026, and have the exact numbers for your transaction confirmed before signing.