Set up fees on an existing business

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22 Jan 2008 12:00 AM by snoozey Star rating. 10 posts Send private message

Hi

I am thinking of either setting up or purchasing a food based business on the Costa del Sol. Can anyone tell me what allowance i should make for solictors fees,notary,prchase tax etc. Is there a simple formula to calculate what would be on top of the purchase price.

Do you have to pay the 7% tax or is it more on a commercial property. The business i buy or the property i rent would be a leasehold property.

Thanks for any advice that can be offered.





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