Grand Hill Properties

Stamp Duty Rates 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
$2,000,000	$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%

Stamp Duty Rates 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
Does not exceed 1 Year	0.25% x of the total rent payable over the term of the lease
Exceeds 1 Year & Does not exceed 3 Year	0.5% x of the yearly or average yearly rent
Exceeds 3 Years	1% x of the yearly or average yearly rent
Length of Delay	Penalty
not exceeding 1 month	double the amount of stamp duty
exceeding 1 month but not exceeding 2 months	4 times the amount of stamp duty
in any other case	10 times the amount of stamp duty

Useful Telephone Numbers (Public Services)

HK Electric	2887 3411	Citybus	2873 0818
China Light and Power	2678 2678	First Bus	2136 8888
HK Towngas	2880 6988	New Lan Tao Bus	2984 9848
PPS	18033 (Bill Payment) 18013 (Bill Registration)	Free Legal Advice	2521 3333
PPS	18033 (Bill Payment) 18013 (Bill Registration)	Phone Enquiry	1083
HK Airport	2181 8888	Dial-a-Weather	1878 200
Kowloon Motor Bus	2745 4466	Hang Seng Index	28108111

Useful Telephone Numbers (Government Departments)

Estate Agents Authority	2598 9550	Companies Registry	2867 2587 (Incorporation of local limited company)
Water Supplies Department	2824 5000		2867 4655 (Registration of overseas company)
Inland Revenue Department	1878 088	Lands Tribunal	2771 3034
Rating and Valuation Department	2805 7666	Government Hotline	1823
Lands Department	2525 6694	The Land Registry	2867 8080

Useful Links

Utility

Water Supplies Department	Hutchison Global Communications
CLP	Wharf T&T
Towngas	CITY TELECOM (HK) LTD
HK Electric	HKBN HomeTel
PCCW	i-cable
Netvigator	Cable TV
New World Telecom

Transport

The Kowloon Motor Bus Co. Ltd	The Star Ferry Company Limited
MTR	The Peak Hong Kong
Hong Kong Green Maxicab Directies	Hongkong Tramways Limited
Long Win Bus Co Ltd.	Hong Kong & Kowloon Ferry Holdings Limited
Citybus & NWFB	New World First Ferry Services Limited
New Lantao Bus Co.(1973)Ltd.	Discovery Bay

Government Departments

Estate Agents Authority	Inland Revenue Department
Planning Department	Rating and Valuation Department
The Land Registry	Hong Kong Slope Safety Website
Lands Department	Lands Department-Slope Maintenance Responsibility Information System
Statutory Planning Portal WTT	GovHK - one-stop portal of the Hong Kong SAR Government

Banks

Bank of China (Hong Kong) Limited	Fubon Bank (Hong Kong) Limited
HSBC HK	The Bank of East Asia
Standard Chartered Bank	CITIC Ka Wah Bank
Hang Seng Bank Limited	Chiyu Banking Corporation Ltd.
DBS Hong Kong	Wing Lung Bank
Nanyang Commercial Bank	Dah Sing Bank, Limited
Shanghai Commercial Bank	China Construction Bank (Asia)
Industrial and Commercial Bank of China (Asia)	ABN AMRO Bank HK
Bank of Communications	Chong Hing Bank Limited
Wing Hang Bank	Citibank

Other

Committee on Home-School Co-operation	ESDlife
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