The writing building lease is a common commercial activity, but both the tenant and the lessor need to be aware of the manner in which the relevant taxes and charges are calculated and take care of them during the lease。
I. Methodology for calculating taxes and fees
Property tax: the lessor is required to pay the property tax at 12 per cent of annual rental income。
Stamp duty: when both parties to the lease register, the stamp duty is paid in accordance with one thousandth of the amount of the lease contained in the lease contract。
3. Business tax: units and individuals are required to pay a turnover tax on the basis of 5 per cent of rental income, and an exemption from the turnover tax on the monthly rental income of individuals on rental housing of less than $800。
4. Urban maintenance taxes and education surcharges: payments are calculated on the basis of actual turnover tax taxes paid, multiplied by the urban rate and the additional rate for education fees。
Ii. Notes
1. Legitimacy of the lessor: the lessor is required to provide documents such as a legal title certificate, a lease licence certificate, a business licence and a legal or legal person's authorization. In the case of sub-leases, a lease contract and written proof of the right holder's consent to sub-leases are also required。
2. Cost payment criteria and modalities: the contract shall specify the criteria and modalities for the payment of all expenses incurred as a result of the rental of the house and shall determine the party responsible for the cost. In general, two months' rent, two months' management fees and the first month's rent are payable at the time the contract is concluded。
3. No-lease agreement: as the writing building is generally a furry delivery, the tenant needs to be refurbished. The lessor usually gives the tenant a rent-free period for renovation. The length of the rent-free period is agreed upon by the parties themselves and is clearly stated in the contract。
4. Incremental lease duration: a lease contract with a general lease term of more than one year increases rents to varying degrees, generally from the second or third year to 5 to 8 per cent per month. Some buildings are subject to incremental overheads。
Contracts are concluded: two contracts are generally concluded, one for standard filing by the housing authority and one for detailed supplementary agreements。
6. Payment of a down payment: in some cases, direct contracts are not allowed, at which point the option of paying a down payment may be a compromise. After payment of the general down payment, double return is required if the owner reverses。
The way in which taxes and charges are calculated for the rental of the writing building is important for both tenants and lessors. The parties shall enter into contracts with a view to avoiding a subsequent dispute by means of a detailed understanding and agreement on the matter。
