|
On Sale or Transfer of Immovable Property in Hong Kong ( Non-residential property / The second property or above) |
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 |
7.5% |
$20,000,000 |
$21,739,130 |
$1,500,000 + 20% of excess over $20,000,000 |
$21,739,130 |
|
8.5% |
|
On Sale or Transfer of Immovable Property in Hong Kong (The first property) |
Amount or value of the consideration |
Rate |
Exceeds |
Does not exceed |
|
|
$2,000,000 |
$100 |
$2,000,000 |
$2,351,760 |
$100 + 10% of excess over $2,000,000 |
$2,351,760 |
$3,000,000 |
1.5% |
$3,000,000 |
$3,290,320 |
$45,000 + 10% of excess over $3,000,000 |
$3,290,320 |
$4,000,000 |
2.25% |
$4,000,000 |
$4,428,570 |
$90,000 + 10% of excess over $4,000,000 |
$4,428,570 |
$6,000,000 |
3.00% |
$6,000,000 |
$6,720,000 |
$180,000 + 10% of excess over $6,000,000 |
$6,720,000 |
$20,000,000 |
3.75% |
$20,000,000 |
$21,739,120 |
$750,000 + 10% of excess over $20,000,000 |
$21,739,120 |
|
4.25% |
|
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 |
|
|
|