 |
| On Sale or Transfer of Immovable Property in Hong Kong |
| Amount or value of the consideration |
Rate |
| Exceed |
Does Not Exceed |
|
| |
$2,000,000 |
$100 |
| $2,000,001 |
$2,351,760 |
$100+10% of excess over $2,000,000 |
| $2,351,761 |
$3,000,000 |
1.5% |
| $3,000,001 |
$3,290,320 |
$45,000+10% of excess over $3,000,000 |
| $3,290,321 |
$4,000,000 |
0.0225 |
| $4,000,001 |
$4,428,570 |
$90,000+10% of excess over $4,000,000 |
| $4,428,571 |
$6,000,000 |
0.03 |
| $6,000,001 |
$6,720,000 |
$180,000+10% of excess over $6,000,000 |
| $6,720,001 |
$20,000,000 |
0.0375 |
| $20,000,001 |
$21,739,120 |
$750,000+10% of excess over $20,000,000
|
| $21,739,121 |
|
0.0425 |
| 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 |
| Exceed |
Does Not Exceed |
|
| |
1 Year |
0.25% x of the total rent payable over the term of the lease |
| 1 Year |
3 Years |
0.5% x of the yearly or average yearly rent |
| 3 Years |
|
1% x of the yearly or average yearly rent |
| Key money, construction fee etc. mentioned in the lease |
3.75% of the consideration if rent is also payable under the lease. Otherwise, same duty as for a sale of immovable property |
| Duplicate or counterpart |
$5 each |
|
|
|
