Stamp Duty

Stamp Duty is a duty imposed on specified instruments/documents. The most common example is buying a property in Hong Kong. There are various implications in terms of the nature of property (residential property vs. non-residential property), type of buyer (whether he is a Hong Kong permanent resident), the length of holding the property before selling it out (e.g. less than 12 months?).

In addition, a Hong Kong stock is subject to stamp duty too. However, there is a group relief arrangement for the stamp duty, where certain conditions have to be fulfilled for applying the relief.

We provide advice to our clients on how to better manage the stamp duty obligation.

Specific questions? We are happy to help you. Contact us

About Us

We all know that the duty to pay tax will always be there. As Hong Kong and Mainland China are emerging markets, sophisticated tax advice in Hong Kong and Mainland China has become increasingly in demand with a view to mitigate the (corporate) income tax within corporate and individual structures.

Further, as a result of pressure from the Organisation for Economic Co-operation and Development (`OECD`), most jurisdictions, including Hong Kong and Mainland China, have decided that Exchange of Information should be part of their tax legal system.

The tax system in Hong Kong is simple but not straight forward. HKWJ Tax Law & Partners Limited’s international/Hong Kong tax consultants are here to assist you with finding the right tax solution for you personally and your companies by means of offering Mainland China and Hong Kong tax consultancies’ services including international tax consultancy services. Our international/Hong Kong tax consultants are also specialised in providing other tax services, such as resolving tax disputes between the Mainland China/Hong Kong tax department (Hong Kong tax office) and clients. In Hong Kong, apart from Hong Kong tax services in respect of consultancy and compliance, we are here to assist you also with your accounting issues and carry out process agent services at the same time.

Please feel free to contact us if our tax advice in Hong Kong and Mainland China and/or internationally is required! Our international/Hong Kong tax consultants, including a tax lawyer and a senior Hong Kong tax consultant are looking forward to solve your problems!

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Willem Jan Hoogland

Partner Get in touch

David Lo

Senior Tax Manager Get in touch

Andy Ma

Accountant Get in touch

Lucas Ting

Senior Tax Advisor Get in touch

Annie Choi

Company Secretary Get in touch

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Latest news

Is it a silver lining for Hong Kong’s commercial property market?

27 November 2020

On 25 November 2020, the Chief Executive, Mrs Carrie Lam, announced in her Policy Address to abolish the Doubled Ad Valorem Stamp Duty (“DSD”) on non-residential property transactions, with effect from 26 November 2020. Accordingly, any chargeable instruments on non-residential property transactions executed on or after 26 November 2020 will be subject to Stamp Duty… read more

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25 November 2020

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Freelancers may see themselves as a causal employee working with different employers without committing his/her full time to them. However, without any relationship of “master and servant”, if the freelancer’s income is derived from providing professional or personal services in Hong Kong, he/she will be considered as carrying on a business and a self-employed person…. read more

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Due to the COVID-19 pandemic, governments have taken unprecedented measures such as implementing strict quarantine requirements and/or travel restrictions. As a result, senior executives who are used to travel frequently may now be forced to stay much longer in a host country than usually or even get stranded there. This situation may raise significant tax… read more

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