Stamp Duty Rates On Sale or Transfer of Immovable Property in Hong Kong (non-residential property or 2nd residential property or above)
|
Amount or value of the consideration |
Rate |
Exceed |
Does Not Exceed |
|
|
$2,000,000 |
1.5% |
$2,000,000 |
$2,176,470 |
$30,000＋20% of excess over $2,000,000 |
$2,176,470 |
$3,000,000 |
3% |
$3,000,000 |
$3,290,330 |
$90,000＋20% of excess over $3,000,000 |
$3,290,330 |
$4,000,000 |
4.5% |
$4,000,000 |
$4,428,580 |
$180,000＋20% of excess over $4,000,000 |
$4,428,580 |
$6,000,000 |
6% |
$6,000,000 |
$6,720,000 |
$360,000＋20% of excess over $6,000,000 |
$6,720,000 |
$20,000,000 |
7.5% |
$20,000,000 |
$21,739,130 |
$1,500,000＋20% of excess over $20,000,000 |
$21,739,130 |
|
8.5% |
| |
| From 23 February 2013, stamp duty on a non-residential property, including shop, office, industrial premises or carpark, will be charged on a “sale and purchase agreement”. |
Stamp Duty Rates On Sale or Transfer of Immovable Property in Hong Kong (1st Property)
|
Amount or value of the consideration |
Rate |
Exceed |
Does Not Exceed |
|
|
$2,000,000 |
$100 |
$2,000,000 |
$2,351,760 |
$100 + 10% of excess over $2,000,000 |
$2,351,760 |
$3,000,000 |
1.5% |
$3,000,000 |
$3,290,320 |
$45,000+10% of excess over $3,000,000 |
$3,290,320 |
$4,000,000 |
2.25% |
$4,000,000 |
$4,428,570 |
$90,000+10% of excess over $4,000,000 |
$4,428,570 |
$6,000,000 |
3.00% |
$6,000,000 |
$6,720,000 |
$180,000+10% of excess over $6,000,000 |
$6,720,000 |
$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% |
Stamp Duty Rates 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 |
Penalty |
| 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 |
|
