Hong Kong Government raises the rate of stamp duty payable on share transfer
The Hong Kong SAR Government published the Revenue (Stamp Duty) Ordinance 2021 in the Gazette on 11 June 2021.
The rate of stamp duty payable on contract notes for sale or purchase of Hong Kong Stock (i.e. share transfer of a Hong Kong Company) raise from 0.1% to 0.13% of the consideration or share’s value which is higher payable by transferor and transferee respectively starting on 1 August 2021.
For further information about share transfer of Hong Kong Company, please refer to our website
Hong Kong Company – Procedures and Fees for Transfer of Shares