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Stamp Duty

Policy Address – Abolishing Doubled Ad Valorem Stamp Duty on Non-residential Property Transactions

Abolishing Doubled Ad Valorem Stamp Duty on Non-residential Property Transactions

In order to alleviate the financial burden of enterprises and support them in obtaining commercial loans, the Government has rolled out the 90% Guarantee Product and the Special 100% Guarantee Product in the past year. Meanwhile, many banks have been offering extension of principal payment holiday with the support of the Hong Kong Monetary Authority….

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