Stamp duty on shares
How it works
Enter the price and the market value. For unlisted companies, market value is usually based on net asset value in the latest accounts, adjusted for assets such as property carried below market. Duty is charged on whichever is higher.
Documents signed in Singapore must be stamped within 14 days. Documents signed overseas must be stamped within 30 days of being received in Singapore. Late stamping attracts penalties. Companies that mainly own Singapore residential property may also attract additional conveyance duties, which this calculator does not cover.
| Deal | Price | Market value | Duty at 0.2% |
|---|---|---|---|
| Founder secondary sale | S$500,000 | S$350,000 | S$1,000 |
| SME acquisition | S$4,000,000 | S$3,200,000 | S$8,000 |
| Mid-market buyout | S$60,000,000 | S$41,000,000 | S$120,000 |
Background: Stamp duty on share transfers in Singapore.
Source: Stamp Duties Act 1929; IRAS guidance on stamp duty for transfer of shares (rate 0.2%). Estimates only; confirm with your advisers.
Questions people ask
What is the stamp duty rate on shares in Singapore?
0.2% of the higher of the purchase price and the market value of the shares.
Who pays the stamp duty?
The buyer, unless the share purchase agreement says otherwise.
Does this apply to SGX trades?
Scripless trades through the Central Depository are generally not subject to stamp duty. Off-market transfers using share transfer forms are.