Government Proposes Stamp Duty Exemption for REITs Planning to List
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Joseph Chan Ho-lim, Under Secretary for Financial Services and the Treasury, outlined legislative proposals to waive stamp duty on transfers of non-residential properties for real estate investment trusts preparing to list in Hong Kong at a meeting of the Legislative Council Panel on Financial Affairs on 6 November 2026. The measure applies to new REITs that list on the Stock Exchange of Hong Kong within 6 months of completing property transfers; transfers of residential properties are not exempt. The Government aims to introduce the bill in the first half of 2027.
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- 政府新聞處·新聞公報Treasury Bureau Briefs LegCo on Proposed Stamp Duty Exemption for Listed REITs
Joseph Chan, Under Secretary for Financial Services and the Treasury, briefed the LegCo Panel on Financial Affairs on proposed legislation to waive stamp duty on transfers of non-residential properties for REITs preparing to list in Hong Kong. The measure applies to new REITs listed on the Stock Exchange of Hong Kong within six months of completing the property transfer; transfers of residential properties are not exempt, and the Government aims to introduce the bill in the first half of 2027.
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