Newsletter
Newsletter
BACK
2021
30 Jun
Passage of bills on increased stamp duty rate on stock transfers
The Revenue (Stamp Duty) Bill 2021 was enacted to give effect to the proposal made in the 2021-22 Budget to increase the rate of stamp duty payable on contract notes for stock transfers. With effect from 1 August 2021, the increased rate of ad valorem stamp duty for transaction of Hong Kong stock is as follows:
| Nature of Document |
Stamp Duty |
| Contract Note for sale or purchase of Hong Kong stock | 0.13% of the amount of the consideration or of its value on every sold note or bought note |
| Transfer operating as a voluntary disposition inter vivos of Hong Kong stock |
$5 + 0.26% of the value of the stock |
Free First consultation, welcome to contact us via:
WeChat QR Code
WeChat Official Account QR Code