Registration tax is a tax levied on the “registration” of ownership of real estate, ships, companies, etc. Tax rate, and payment method are calculated by the Registration and  Tax Law. Registration means that the owner of the real estate records it in the register so that anyone can prove it. The register is a public book that records the location and area of land, buildings, the address and name of the owner. It keeps records of real estate such as real estate sales transactions, inheritance, and gifts. Anyone can check the information in the register with the “Certificate of Registration” available at the Legal Affairs Bureau.

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  Ownership preservation registration

  
  

Ownership preservation registration is registration performed when a new property is purchased. Ownership preservation registration is voluntary for the purchaser of a newly built property, but it seems convenient to register it in case of a trial over the property dispute. By the way, it is necessary to register the title  with the registration of preservation of ownership. Title registration is a new registration for land and buildings that have not yet been registered. Unlike the ownership preservation registration, this is required to be registered within one month after purchase. However, registration tax is not applied to the title registration. The tax rate is 0.15% of the standard amount of taxation

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  Registration of transfer of ownership

  
  

Ownership transfer registration is registration performed when a real estate is transferred by another person and  acquired through purchase and sell. It is  registered when the owner of the real estate is changed due to gifts, inheritance, etc. By the way, only in the case of buying and selling, a registration application for the joint name of the seller and the buyer is required. The rate for a land is 2%, for a property is 0.3% or standard amount of taxation. 

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  Mortgage setting registration

  
  

Mortgage setting registration is registration performed when land or a building is used as collateral. The financial institution that lent the money is registered as the property holder, but the person who borrows the money from the financial institution pays the registration license tax. The tax rate is 0.1% of the borrowed amount. 

Koji Kitada  080-5349-2529 English speaker. Ask me for any questions. 

Thank you. Sincerely.