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  • Application Form - Application For Exemption Of Stamp Duty - Ird Gov

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INLAND REVENUE DEPARTMENT STAMP OFFICE FOR OFFICIAL USE 3/F, Revenue Tower, 5 Gloucester Road, Wan Chai, Hong Kong. Tel No.: 2594 3202 Fax No.: 2519 9025 Web site : www.ird.gov.hk E-mail : taxsdo.

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Subject to the payment of an adjudication fee (currently $50) , any person may request the Collector of Stamp Revenue to express his opinion on whether an executed contract or document is chargeable with stamp duty, and on the amount payable.

For the transfer or acquisition of shares, a transfer of share document has to be signed. The buyer or transferee must pay a stamp duty of 0.2% on the shares' purchase price or net asset value (NAV) (whichever is higher).

Under section 45, two body corporates are “associated” if one is the beneficial owner of at least 90% of the issued share capital of the other, or if a third party body corporate is the beneficial owner of at least 90% of the issued share capital of each of the two body corporates.

Documents required for share transfer Within six months, the original copy of the most recent audit report (and/or certified most recent management accounts, if the business has started). Copy of the new shareholder's residential address, passport, or identity card (Transferee). The seller's name (Transferor).

Section 45 Stamp Duty Relief for Associated Bodies Corporate: LLPs and LLCs. Under s. 45 of the Stamp Duty Ordinance, transfers of Hong Kong stock and immovable property are exempt from Hong Kong stamp duty where the transferor and transferee are associated bodies corporate.

Share transfer fees are the charges incurred when transferring ownership of shares from one party to another. These fees are typically paid to a stock transfer agent or a broker who facilitates the transaction.

Stamp Duty on Stock Transaction Unless stated otherwise, all securities listed on the Exchange are subject to a stamp duty at a rate of 0.13% (rounded up to the nearest dollar) on the value of the transaction, on both the buyer and the seller.

117 Stamp Duty Ordinance ─ Section 45 Relief in case of conveyance from one associated body corporate to another. 45. Stamp duty under head 1(1), (1AA) or (1AAB) or 2(1) or (3) in the First Schedule shall not be chargeable on an instrument to which this section applies.

Stamp Duty on Share Transfer in Hong Kong The current stamp duty (as of August 1, 2021) rates are 0.26% of the highest value chosen between the company's net assets and the value of shares being transferred. The transferor and transferee are charged 0.13% each, and there is also a fee of HK$5 for each form.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232