Hong Kong Taxation
Ad Valorem Stamp Duty
Any residential properties (except those acquired by a Hong Kong Permanent Resident who does not own any other residential property in Hong Kong at the time of acquisition) and all non-residential properties acquired on or after 23 February 2013, either by an individual or a company, will be subjected to the new rates of AVD as follows:-
| Sale or Transfer of Immovable Property in Hong Kong | ||
| Property amount or value of the consideration (whichever is the higher) | ||
| Exceeds | Does not exceed | Tax rate |
| $3,000,000 | $100 | |
| $3,000,000 | $3,528,240 | $100 + 10% of excess over $3,000,000 |
| $3,528,240 | $4,500,000 | 1.50% |
| $4,500,000 | $4,935,480 | $67,500 + 10% of excess over $4,500,000 |
| $4,935,480 | $6,000,000 | 2.25% |
| $6,000,000 | $6,642,860 | $135,000 + 10% of excess over $6,000,000 |
| $6,642,860 | $9,000,000 | 3.00% |
| $9,000,000 | $10,080,000 | $270,000 + 10% of excess over $9,000,000 |
| $10,080,000 | $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% | |
Rates listed above are subject to marginal relief
Special Stamp Duty / Buyer's Stamp Duty / New Residential Stamp Duty
Special Stamp Duty, Buyer's Stamp Duty or New Residential Stamp Duty is not required to be paid as from 28 February 2024.
To know more, please click the link below
| Profits Tax | Salaries Tax | Property Tax | Stamp Duty | Business Registration Fee |