Procedures for HK Company Share Transfer

What Documents Are Required?

1.Share Purchase Agreement (Equity Transfer Agreement - optional but highly recommended)

2. Bought and Sold Notes (Contract Notes)

3. Instrument of Transfer

4. Application Letter for Inland Revenue Department (IRD)

5. Latest Audit Report

6. Management Accounts (no older than 3 months) for the company and its subsidiaries

7. If the company has not yet commenced operations, a letter confirming the same can be provided in lieu of the audit report and management accounts.

How Long To Get Done?

If all the required documents are ready, we could help you to complete the transfer of shares for Hong Kong companies as fast as 2-3 days (electronically stamped)

Stamp Duty Calculation and Updates

The Hong Kong government decided to increase the stamp duty on company (both public and private companies) from a total of 0.2% (0.1% each for buyer and seller) to a total of 0.26% (0.13% each for buyer and seller) as part of the government's policy changes, effective August 1, 2021.

Recently, the Hong Kong government decided to change the stamp duty on company (both public and private companies) from a total of 0.26% (0.13% each for buyer and seller) back to the original 0.2% (0.1% each for buyer and seller), effective December 2023, in an attempt to stimulate economic activity amidst the uncertain economic climate.

(That's why you can see many websites still mentioning 0.26% while some others mentioning 0.2%, don't be confused!)

In addition to the stamp duty, there is a HKD 5 fee charged per form required for the share transfer transaction.