On Sale or Transfer of Immovable Property in Hong Kong ( Non-residential property )
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%
$20,000,000
$21,739,130
$1,500,000 + 20% of excess over $20,000,000
$21,739,130
8.5%
Special Stamp Duty (SSD)
The property was acquired
on or after 20 November 2010
and before 27 October 2012
The property was acquired
on or after 27 October 2012
Holding period
Rate
Holding period
Rate
6 months or less
15%
6 months or less
20%
More than 6 months but for 12 months or less
10%
More than 6 months but for 12 months or less
15%
More than 12 months but for 24 months or less
5%
More than 12 months but for 24 months or less
10%
More than 24 months but for 36 months or less
-
More than 24 months but for 36 months or less
10%
Buyer's Stamp Duty (BSD) - After 27 October 2012
With effect from 27 October 2012, unless specifically exempted, Buyer's Stamp Duty (BSD) is payable on an agreement for sale or a conveyance on sale executed for the acquisition of any residential property. BSD is charged at 15% on the stated consideration or the market value of the property (whichever is the higher).
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
