What is the definition of producing a new building from a renovation project in France?
This is important work which constitute more than a simple improvement and lead to produce a new building. The TVA rate of 5.5% does not therefore on the work which, over a period of two years: • lead to an heightening of the building or an addition construction • Renew more than half of the shell, namely foundations, other elements that determine the strength and stiffness of the building (roof, walls) or the consistency of facades (excluding cleaning) • Render into as new condition for more than two-thirds each of the second fix work: non-load bearing floors, exterior doors, partitions, plumbing, electrical and heating • Increase the floor area of existing premises by more than 10%.
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