October 2023 - Stamp Duty Changes in the Policy Address 2023

In line with the recommendation submitted by the Task Force on Enhancing Stock Market Liquidity, amongst other measures, Mr Lee decided to reduce the stamp duty on Hong Kong stock transfer from 0.13% to 0.1% of the consideration or value of each transaction payable by buyers and sellers respectively.  He expected the legislative procedures would be completed by the end of November. 

Download our latest tax newsletter below to read more and contact our experts to find out how we can help.