S.R.O companies for Real Estate purposes
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 SROs for Real Estate

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S.R.O company for Real Estate
(different to SROs for business)

Please bear in mind this below is an average cost estimate taken from various sources offering this type of service.
You real costs may vary from service provider to service provider also depending on your exact needs.

Real Estate s.r.o.

Timeframe: Immediate signing ability
7 day transfer completion

Setting up costs about Euro 1.800

Which should include the following:

- Bound copy of all registration documents
- Certificate of incorporation
- Change of registered address
- Change of company name
- Notary fees
- Stamp duties
- Legal representation to Commercial Court
- Memorandum of Association (translated)
- Minutes of General Meeting (translated)
- Any standard translator fees

A Real Estate S.R.O is established for the sole purpose of purchasing real estate and thus does not require a business license.

As no business license is required, neither is the associated "responsible person".

As it will not be a trading company, the risk of accruing liabilities is minimized for the Executive (and hence the cost).

A local Executive if required, can be found for a minimal fee of 100 Euro per month.

The registered address can become the property that is being purchased and hence there is no need to pay for any service regarding setting up another registered address.

Potential maintenance fees: 100 Euro per month

Becoming informed costs next to nothing
Being missinformed can be expensive

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