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Decrease of Stamp Duty Rate on Hong Kong Stock Transactions to 0.1% with effect from 17 November 2023

 

The Revenue (Stamp Duty) Ordinance 2023 published in the Gazette by the Hong Kong Government on 16 November 2023 stipulates that the rate of stamp duty payable on contract notes for sale or purchase of Hong Kong stock would be decreased from 0.13% to 0.1% of the consideration or value of each transaction, payable by buyers and sellers respectively. The new rate will come into effect on 17 November 2023.
Should you have any enquiries, please call our Customer Services Hotline at (852) 2159 4515.

 

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