| On Sale or Transfer of Immovable Property in Hong Kong (The first property) | ||
|---|---|---|
| Amount or value of the consideration | Rate | |
| Exceeds | 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% | |
| New ad valorem stamp duty rate (Second residential property or above transactions to a flat rate of 15%) | ||
| On Sale or Transfer of Immovable Property in Hong Kong ( Non-residential property / The second property or above) | ||
|---|---|---|
| Amount or value of the consideration | Rate | |
| Exceeds | 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% | |
| 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 | |
