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Share Transfer Instruments (individual mode)

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1.

Q:

Who can submit an application for e-Stamping?

 
 

A:

Transferor or transferee of the share transfer, or any authorized representative of the transferor or transferee.
 

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2.

Q:

Do I need to register with the Stamp Office before using this service?

 
 

A:

No, but you need any of the following means for using this online service:-

(a) E-Stamp Account;
(b) Taxpayer Identification Number (TIN) and eTAX Password ; or
(c) Digital certificate issued by the Hongkong Post or the Digi-Sign Certification Services Ltd.

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3.

Q:

If I submit one set of Bought Note, Sold Note and Instrument of Transfer which is executed in duplicate for e-Stamping, how many applications do I need to submit and how many stamp certificates will I obtain?

 
 

A:

You only need to submit one application.  You will obtain one stamp certificate separately for each of the documents (i.e. six in total) upon completion of the stamping.
 

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4.

Q:

If the Instrument of Transfer is executed in counterpart, how can I submit it for e-Stamping?

 
 

A:

For e-Stamping purpose, the counterpart is treated as a duplicate of the Instrument of Transfer.
 

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5.

Q:

If I transfer the shares I owned to four transferees separately, how many applications do I need to submit?

 
 

A:

You have to submit four separate applications.
 

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6.

Q:

If the shares are jointly owned by three transferors and they transfer the shares to one transferee, how many applications do they need to submit?

 
 

A:

They only need to submit one application.
 

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7.

Q:

If the company has not prepared audited financial statements that are within 6 months before the date of the transfer of its shares but has prepared management accounts within 3 months before the date of transfer, can I submit the transfer for e-Stamping?

 
 

A:

Yes.
 

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8.

Q:

If the company owns landed properties in Hong Kong, can I submit its share transfer for e-Stamping?

 
 

A:

Yes.
 

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9.

Q:

If the company owns subsidiaries and prepares consolidated financial statements, can I submit its share transfer for e-Stamping?

 
 

A:

Yes.
 

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10.

Q:

Refer to Q9 above, if the company does not prepare consolidated financial statements, can I submit its share transfer for e-Stamping?

 
 

A:

Yes, you have to input the Net Asset Value of the subsidiaries for the application.
 

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11.

Q:

For unlisted shares, if the company has different classes of shares, can I submit its share transfer for e-Stamping?

 
 

A:

No, you have to submit it for stamping over the counter at the Stamp Office.
 

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12.

Q:

Can I submit e-Stamping if the share transfer involves contingent consideration and/or the consideration is subject to adjustment?

 
 

A:

No, you have to submit it for stamping over the counter at the Stamp Office.
 

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13.

Q:

If the shares are sold with loans, can I submit the share transfer documents for e-Stamping?

 
 

A:

No, you have to submit it for stamping over the counter at the Stamp Office.
 

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14.

Q:

Can I apply e-Stamping for a Declaration of Trust of shares?

 
 

A:

No, you have to submit it for stamping over the counter at the Stamp Office.