In accordance with the latest provisions of the Inland Revenue Ordinance, since2021years8month1From then on, willConversion of shares by Hong Kong companyThe stamp duty of each transferor is adjusted from the original 1 ‰ to 1.3 ‰, which is a total of 2.6 ‰. Therefore, according to the current regulations, the stamp duty of Hong Kong companies is 2.6 percent.

Conversion of shares by Hong Kong companyThere are two kinds of stamp duty calculation standards, one is the company has no business, according to the company's registered capital calculation stamp duty, one is the company has business, according to the company's net assets calculation stamp duty, the two kinds of the high take that. In addition, the audit report of the previous year and the financial statements of the recent three months should be provided when handling the share transfer. The audit report must be issued and signed by the accountant in Hong Kong, and the financial statements only need to be prepared in accordance with the accounting standards in Hong Kong, and then signed by the director. Then the buyer and seller of the contract to do the turnaround shares signed, submitted to the tax bureau can handle the conversion of shares.

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