Documents & Persons Liable for Stamping
Documents subject to Stamp Duty
The Stamp Duty Ordinance (Cap. 117) imposes duty on certain types of documents, which are mainly as follows:
- Conveyance on sale (ie Assignment)
- Agreement for sale of immovable property
- Lease of immovable property (ie Tenancy Agreement)
- Transfer of Hong Kong stock
Persons Liable for Stamping
Persons liable for stamp duty varies according to the nature of documents as follows:
|
Nature of document |
Persons liable |
|---|---|
|
Conveyance on sale |
All parties and all other persons executing |
|
Agreement for sale and purchase |
All parties and all other persons executing |
|
Lease |
All parties and all other persons executing |
|
Transfer of Hong Kong stock - Contract Note for the sale or purchase of any Hong Kong stock |
The agent or where no agent, the principal effecting the sale or purchase |
Please note that if a chargeable instrument is not duly stamped, any person who uses such instrument is also liable to the stamp duty and any penalty.