An instant stamp service by GovHK (www.gov.hk/etax) You can request a refund of stamp duty or object to an assessment by the stamp revenue collector or request a decision on certain instruments. Details can be found here. You can search for a tenant yourself or hire a licensed real estate agent to take care of the rental of your property. In both cases, you need to provide your potential tenant with accurate real estate information before entering into a lease. If you opt for an agent, you should clarify with him the details of the order such as the amount of the commission and the date of payment before signing the brokerage contract. In the context of a procedure, documents subject to excise duty on stamps may be obtained as evidence only if they are duly affixed. For more information on unbamped documents and insufficient consideration, click here. $5 must also be paid for the stamp of each consideration for the rental document. Stamp duty on documents relating to the sale, transfer and rental of real estate and the transfer of Hong Kong shares is applied at different rates. To learn more about excise duty rates, click here.
As a rule, a rental document is made in counterparties which are both transmitted to the stamp office of the tax office to be stamped within thirty days of the date of execution. The laws governing the registration of documents in the cadastre are mainly contained in the Cadastre Ordinance (Cap.128 of the Laws of Hong Kong). Strictly speaking, the cadastre regulations do not contain any provision requiring the registration of documents. Only the consequences of non-registration are set out. Therefore, the question should be: why should certain rental documents be registered with the land registry? In the absence of an explicit agreement on the payment of rent and cancellation conditions in case of non-payment of rent, your rental agreement means that the tenant must pay the rent on the day of due date and that the rental agreement expires for a period of 15 days after non-payment. According to the cadastre regulations, a lease with a duration of more than three years must be registered with the cadastre within one month of execution. Other leases, in particular those that have the possibility of renewing the existing lease, may also be notified.. . .