Hong Kong eases stamp duty and eyes gold tax incentives
They will also help set up a trade association for the gold industry, said FS Chan.
Hong Kong is making legal amendments and rolling out tax incentives for the development of its gold and treasury markets.
The city plans to provide additional tax incentives and flexibility to enhance its role as a base for corporate treasury centres (CTCs), Financial Secretary Paul Chan said in the 2026-27 Budget Speech.
Hong Kong also promised to explore offering tax incentives to eligible institutions conducting gold trade and settlement in the city.
Chan said that they will help the gold industry set up a trade association as well as keep the industry informed of latest gold market development, acquire relevant skills, and develop a training framework.
The government will also introduce an amendment bill in 2026 that relaxes the criteria for stamp duty relief in relation to the intra-group transfer of assets.
"This would expand the scope of eligible associated body corporates. We will introduce an amendment bill this year and the new arrangement will apply retrospectively to instruments signed from today," Chan said.
Separately, Hong Kong will amend the Inland Revenue Ordinance to implement the crypto-asset reporting framework, as well as an amended common reporting standard by the Organisation for Economic Cooperation and Development (OECD) in the next two years.
This will contribute to international efforts in enhancing tax transparency and combating cross‑border tax evasion, Chan said. The amendment will be introduced in the first half of 2026.