When you transfer the shares of your business, a stamp duty will be levied by the Hong Kong government, specifically the IRD, on the total value of the company or on the face value of the shares, depending on the highest value. The current stamp duty rate is set at 0.2% on the value of the shares. Eqvista is an application that can help you issue shares electronically while creating electronic certificates. In other words, you can eliminate the original lost time and effort by issuing shares to an investor or new founder with Eqvista. Please click here for more information on the Hong Kong transfer or sale procedure. Stamp duty is a tax on documents and is levied during a share transfer. The stamp tax regulations provide that stamp duty is levied on the sale or purchase of Hong Kong shares. The rate at which stamp duty is collected depends on the amount or value of the consideration. Share transfer process 1. Make sure that any pre-emption rights that have been honored or cancelled.

2. Agree to sign the “share transfer form” by both the seller (seller) and the seller (buyer). 3. Present the share transfer form and the underlying shares to the company and await the approval of the Board of Directors for the transfer of shares. 4. Order the “share transfer form” and the sale agreement for the stamp. 5. After the transfer of the shares are stamped and the information provided by the buyer for registration in the company`s registers are confirmed. She may prove to be a shareholder in the company.

Stamp duty Any “share transfer form” imposes a stamp duty of HK 5, while you must pay a consideration or sale of shares at a rate of 0.2% on their net inventory value, depending on the highest value. The importance of an updated audit report and an administrative account is essential to complete the share transfer, as the IRD will need it to levy stamp duty on the transfer of shares to Hong Kong. To properly accomplish this task, you need to keep a lot of things in mind to keep the share transfer to Hong Kong; more important if you want to change associates in Hong Kong. To ensure the success of the share transfer process, it is essential to ensure that all documents that will be submitted to the Hong Kong government have been properly prepared and that your company has taken the necessary steps to comply with local laws and regulations. For example, when a person who acquires a stake in a company collects debt, the Hong Kong company and its subsidiaries cannot reduce or reduce the debt burden. To the extent that assistance is provided, the company is liable to penalties and possible fines. The process of changing the company`s shareholders in Hong Kong or transferring the shares is as follows: As mentioned above, the company`s requirement would be to provide the audit report within 6 months of the share transfer date or management accounts within 3 months of that date. If you. B Submit the audit report for the year ending December 31, 2018, you can transfer your shares at any time before June 30, 2019 before you have to submit another set of updated financial accounts.

For a business in Hong Kong, you can simply change or transfer the partner. 2. Order the share transfer form to be signed by the ceding party and the purchaser to carry out this process must be submitted to the register of trade, within one month before the date of the transfer, of the allocation of shares that members and shareholders dividing. Corporate Restructuring – Change of Ownership A company`s shares are the company`s equity and are also the property of a business. For a business in Hong Kong, you can simply change or transfer the partner. But it`s not so easy to pass it on to a new shareholder. There are many things to keep in mind when transferring shares or if you want to change associates in Hong Kong.