Desktop VersionSite MapContact UsShare RSS
  • Default font size
  • Bigger font size
  • Biggest font size

Increasing the rate of ad valorem stamp duty chargeable on transactions of Hong Kong stock

In the Budget 2021/22, the Financial Secretary proposed to increase the rate of ad valorem stamp duty for transaction of Hong Kong stock that is prescribed under head 2 of the First Schedule to the Stamp Duty Ordinance (Cap. 117).  The increased rate 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

Subject to the completion of the legislative process, the above measure will take effect from the date specified in the amendment ordinance.