Licence Agreement Stamp Duty Hong Kong

I signed an original lease and a double lease. Do I have to file two applications for electronic pills? How many stamp certificates can I get? Stamp duty levied on a rental document and its equivalent depends on the rent to be paid or the annual or average annual rent. A rent-free period therefore reduces the basis on which stamp duty is calculated. The following examples illustrate the impact of free time on stamp duty payable. In addition, a proof of rent must be stamped before it can be submitted to the land registry for registration. Stamp duty on the document for the sale, sale and lease of real estate and the transfer of Hong Kong shares is levied at different rates. To learn more about stamp rates, click here. The people with the sealing vary according to the following type of documents: 5 The service hours of the counters are: Monday to Friday from 8:45 a.m. to 5 a.m. (no lunch break) Saturday, Sunday and public holidays Closed 4. A stamp certificate has the same legal status as a traditional stamp. Rights 5. Stamp duty on leases is calculated at rates that vary according to the following terms for the duration of the lease:- Duration Stamp duty rate (Note 1) Not defined or uncertain on annual or average annual rent (Note 2) Do not pay more than one year of the total rent over the term of the tenancy agreement (Note 2) But no more than 3 years of annual or average annual rent (note 2) Exceeds 3 years 1% of the key money (note 2), construction costs, etc.

To save time, you can use the online e-Stamping service to post properties and release transfer documents. Alternatively, you can apply for conventional punching with the Stamp Board. This article will tell you more about different buffering methods. 8 This is a period of one year, which falls within the non-one-year category. Example lease 2A starts on January 1, 2010 and expires on January 1, 2011. It is lasting 1 year and 1 day, so it enters the category more than a year, but no more than 3 years . b) A lease agreement for a fixed term and thereafter, until fixed, or with a fixed term and renewal option, is considered both a lease agreement for that limited period. Example 3A lease for a period of 2 years with a 2-year renewal option is considered a two-year term. c) A fixed-term lease that can be terminated at a previous event is considered a lease agreement for that fixed term.

If the licensing agreement is in the nature of a rental agreement with monthly rents, you can apply for the seal online as other leases. If it contains specific conditions. B, for example a premium or instrument to be evaluated, please present the original instrument to the Stamp Office for evaluation or evaluation. The weather varies depending on the nature of the instruments. It ranges from 2 to 30 days. In addition, for residential real estate transactions, you can request a deferral of payment and the maximum deferral period is 3 years after the date of the first agreement. More information about this can be found in this article. You can claim a stamp duty refund or file an appeal against an assessment of the stamp collector or request an auction for certain instruments. Details can be found here. In the context of proceedings, no act of non-compliance with stamp duty may be invoked as evidence, unless it is properly stamped.

For more information on unstamped documents and insufficient consideration, click here. Simply file a stamp application and select the corresponding button indicating the execution of a duplicate. Two stamp certificates are issued for the original document and the duplicate after payment. A licence does not transfer any interest in the land and is not responsible for stamp duty. However, if there are doubts about the liability of a rental document with respect to stamp duty, it is a good idea to ask for a decision at the stamping point.