| |
| On Sale or Transfer of Immovable Property in Hong Kong (The first residential property / Non-residential property) |
| Amount or value of the consideration |
Rate |
| Exceeds |
Does not exceed |
|
|
$3,000,000 |
$100 |
| $3,000,000 |
$3,528,240 |
$100 + 10% of excess over $3,000,000 |
| $3,528,240 |
$4,500,000 |
1.5% |
| $4,500,000 |
$4,935,480 |
$67,500 + 10% of excess over $4,500,000 |
| $4,935,480 |
$6,000,000 |
2.25% |
| $6,000,000 |
$6,642,860 |
$135,000 + 10% of excess over $6,000,000 |
| $6,642,860 |
$9,000,000 |
3.00% |
| $9,000,000 |
$10,080,000 |
$270,000 + 10% of excess over $9,000,000 |
| $10,080,000 |
$20,000,000 |
3.75% |
| $20,000,000 |
$21,739,120 |
$750,000 + 10% of excess over $20,000,000 |
| $21,739,120 |
|
4.25% |
| (Second residential property or above transactions to a flat rate of 15%) |
| Special Stamp Duty (SSD) |
| The property was acquired
on or after 20 November 2010
and before 27 October 2012 |
The property was acquired
on or after 27 October 2012 |
| Holding period |
Rate |
Holding period |
Rate |
| 6 months or less |
15% |
6 months or less |
20% |
| More than 6 months but for 12 months or less |
10% |
More than 6 months but for 12 months or less |
15% |
| More than 12 months but for 24 months or less |
5% |
More than 12 months but for 24 months or less |
10% |
| More than 24 months but for 36 months or less |
- |
More than 24 months but for 36 months or less |
10% |
| Buyer's Stamp Duty (BSD) - After 27 October 2012 |
| With effect from 27 October 2012, unless specifically exempted, Buyer's Stamp Duty (BSD) is payable on an agreement for sale or a conveyance on sale executed for the acquisition of any residential property. BSD is charged at 15% on the stated consideration or the market value of the property (whichever is the higher). |
| On Lease of Immovable Property in Hong Kong |
| Term |
Rate |
| Not defined or is uncertain |
0.25% x of the yearly or average yearly rent |
| Does not exceed 1 Year |
0.25% x of the total rent payable over the term of the lease |
| Exceeds 1 Year & Does not exceed 3 Year |
0.5% x of the yearly or average yearly rent |
| Exceeds 3 Years |
1% x of the yearly or average yearly rent |
| Length of Delay |
| not exceeding 1 month |
double the amount of stamp duty |
| exceeding 1 month but not exceeding 2 months |
4 times the amount of stamp duty |
| in any other case |
10 times the amount of stamp duty |
Useful Telephone Numbers (Public Services) |
| HK Electric |
2887 3411 |
Citybus |
2873 0818 |
| China Light and Power |
2678 2678 |
First Bus |
2136 8888 |
| HK Towngas |
2880 6988 |
New Lan Tao Bus |
2984 9848 |
| PPS |
18033 (Bill Payment)
18013 (Bill Registration) |
Free Legal Advice |
2521 3333 |
| Phone Enquiry |
1083 |
| HK Airport |
2181 8888 |
Dial-a-Weather |
1878 200 |
| Kowloon Motor Bus |
2745 4466 |
Hang Seng Index |
28108111 |
|
|
Useful Telephone Numbers (Government Departments) |
| Estate Agents Authority |
2598 9550 |
Companies Registry |
2867 2587 (Incorporation of local limited company) |
| Water Supplies Department |
2824 5000 |
|
2867 4655 (Registration of overseas company) |
| Inland Revenue Department |
1878 088 |
Lands Tribunal |
2771 3034 |
| Rating and Valuation Department |
2805 7666 |
Government Hotline
|
1823
|
| Lands Department |
2525 6694 |
Government Information |
|
| The Land Registry |
2867 8080 |
ESD Life |
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