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Q:
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What is the difference between e-Stamping of document and conventional stamping?
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A:
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Conventional stamping is a manual process with the imprinting of stamp on original instrument while e-Stamping is made via online mode.
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Q:
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Do I need to register before using this e-Stamping services?
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A:
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Not necessarily, but you need a means to authenticate online using:
E-Stamp Account; or
Taxpayer Identification Number and eTAX Password; or
Digital certificate issued by the Hongkong Post or the Digi-Sign Certification Services Ltd.
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Q:
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What kind of documents can be stamped through e-Stamping?
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A:
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It applies to the following most common types of documents:
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1.
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Initial stamping of Agreement/Assignment with 1) not more than 4 purchasers 2) not chargeable with Special Stamp Duty (SSD) 3) not chargeable with Buyer's Stamp Duty (BSD) and no application of for:
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(1)
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charging Ad Valorem Stamp Duty at lower rates (Scale 2), except that the application is for the reason that the buyer declares that he/she is a Hong Kong permanent resident and is not beneficial owner of any other residential property in Hong Kong and acting on his/her own behalf on the date of acquisition,
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(2)
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exemption of SSD; and/or
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(3)
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exemption of BSD, except that the application is for the reason that the buyer declares that he/she is a Hong Kong permanent resident acting on his/her own behalf in acquiring the property.
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2.
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Payment of deferred stamp duty
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3.
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Subsequent Agreement/Assignment
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4.
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Tenancy agreement with rent and no premium paid and not more than 4 landlords and 4 tenants
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5.
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Contract Note and/or Instrument of Transfer
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Q:
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Is e-Stamping services compulsory?
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A:
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It is not compulsory. You can still use the conventional stamping method.
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Q:
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What are the advantages of using e-Stamping services?
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A:
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Services available anytime and anywhere;
Convenient payment methods
Instant issue of stamp certificate after receipt of stamp duty online;
Stamping of urgent cases that cannot be processed by counter submission.
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FAQ
