Effective from 1 April 2010, stamp duty on sale of immovable property in Hong Kong is charged at rates which vary with the amount or value of the consideration as follows: (If stamp duty calculated includes a fraction of $1, round-up the duty to the nearest $1)
 
Amount or value of the consideration Rate
Exceeds Does not exceeds  
  $2,000,000 $100
$2,000,000 $2,351,760 $100+10% of the exceeds over $2,000,000
$2,351,760 $3,000,000 1.5%
$3,000,000 $3,290,320 $45,000+10% of the exceeds over $3,000,000
$3,290,320 $4,000,000 2.25%
$4,000,000 $4,428,570 $90,000+10% of the exceeds over $4,000,000
$4,428,570 $6,000,000 3%
$6,000,000 $6,720,000 $180,000+10% of the exceeds over $6,000,000
$6,720,000 $20,000,000 3.75%
$20,000,000 $21,739,120 $750,000+10% of the exceeds over $20,000,000
$21,739,120   4.25%
 
 
Stamp duty is calculated at rates which vary with the term of the lease as follows:
 
Term
Rate
Not defined or is uncertain 0.25% of the yearly or average yearly rent (Note 1)
Exceeds Does not exceeds  
  1 year 0.25% of the total rent payable over the term of the lease (Note 1)
1 year 3 year 0.5% x of the yearly or average yearly rent (Note 1)
3 year   1% x of the yearly or average yearly rent (Note 1)
Key money, construction fee etc. mentioned in the lease 4.25% of the consideration if rent is also payable under the lease. Otherwise, same duty as for a sale of immovable property
Duplicate or counterpart HK$5 each
 
Please note that any deposit which may be mentioned in the lease will not be taken into account in assessing the stamp duty.
 
Please click on the following link for further details:
http://www.gov.hk/en/residents/taxes/stamp/stamp_duty_rates.htm
 
Note 1: The yearly rent/average yearly rent/total rent has to be rounded-up to the nearest $100.
 
 
 
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