Property Tax in Syria

Property taxation in Syria primarily consists of a transfer fee on acquisition and nominal annual municipal taxes. There is no comprehensive property tax system comparable to Western jurisdictions.

Property Acquisition Taxes

Transfer Fee

When purchasing property in Syria, buyers are required to pay a registration/transfer fee:

• Standard Rate: Approximately 2.5% of property value
• New Developments: Similar rate applicable
• Agricultural Land: Reduced rate may apply

Annual Property Taxes

Municipal Tax

An annual municipal tax is levied on built-up properties at a nominal rate. The actual amount is typically minimal and varies by municipality.

Property Disposal Taxes

Capital Gains on Property

Gains from the sale of property are taxed as ordinary income at progressive PIT rates (0-22% for individuals) or CIT rates (22% for corporations):

• Individuals: Gain taxed at progressive PIT rates (0-22%)
• Corporations: Included in business income, taxed at applicable CIT rate

Rental Income Taxation

Rental income from property is taxable as ordinary income:

• Individuals: Net rental income taxed at progressive PIT rates (0-22%)
• Corporations: Included in business income, taxed at 22%

Important Note

Syria's economy has been severely impacted by civil war. The information reflects legal provisions that may not fully reflect ground reality.