# Stamp duty on transfers of shares in Singapore

> How much stamp duty applies when you buy, receive or gift shares, how the value of private company shares is worked out, and the stamping deadline and late penalty.

- Tool: [Stamp Duty on Shares Calculator](https://toolsg.com/en/share-stamp-duty-calculator)
- Language: en (available: en, zh)
- Last verified against official sources: 2026-10-30
- Source site: ToolSG — a planning guide, not official or financial advice. Cite the agencies listed under Sources.

## Key figures at a glance

| Fact | Value | Source |
| --- | --- | --- |
| Stamp duty rate on shares | 0.2% — Of the purchase price or the value of the shares, whichever is higher, rounded down to the nearest dollar. | [IRAS](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/buying-or-acquiring-shares) |
| Minimum stamp duty | $1 — Applies where 0.2% rounds down to less than $1. | [IRAS](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/buying-or-acquiring-shares) |
| Declaration of trust (no change in beneficial interest) | $10 — Fixed duty. | [IRAS](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/buying-or-acquiring-shares) |
| Stamping deadline, document signed in Singapore | 14 days — After the date of signing. | [IRAS](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/paying-stamp-duty/when-to-pay-stamp-duty) |
| Stamping deadline, document signed overseas | 30 days — After the document is first received in Singapore. | [IRAS](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/paying-stamp-duty/when-to-pay-stamp-duty) |
| Late penalty, up to 3 months late | Greater of $10 or the duty — Not more than 3 months after the deadline. | [IRAS](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/paying-stamp-duty/late-payment-or-non-payment-of-stamp-duty) |
| Late penalty, more than 3 months late | Greater of $25 or 4 times the duty — More than 3 months after the deadline. | [IRAS](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/paying-stamp-duty/late-payment-or-non-payment-of-stamp-duty) |

## What is charged

Stamp duty is **0.2%** of the purchase price or the value of the shares, **whichever is higher**, rounded **down** to the nearest dollar, with a **$1 minimum**. The same applies when the shares are gifted or otherwise acquired.

## Value of shares

- **Listed shares:** the average price on the exchange on the date of the document.
- **Private company shares:** the net asset value of the shares transferred, that is (total assets − total liabilities) ÷ issued shares × shares transferred, from accounts dated within 24 months of the transfer, with any property at market value.

Example from IRAS: net asset value $5.50 a share × 5,000 shares = $27,500, so duty is 0.2% × $27,500 = **$55**, even if the price paid was lower.

## Deadline and penalty

Stamp within **14 days** after signing the document in Singapore, or within **30 days** after receiving it in Singapore if it was signed overseas. If late, the penalty is the greater of $10 or the duty for up to 3 months, and the greater of $25 or 4 times the duty beyond that.

## What the calculator does not cover

Ordinary shares only. Preference shares, companies incorporated for 18 months or less, and other special cases need the worked methods on IRAS's page.

## Frequently asked questions

**What is the stamp duty on shares in Singapore?**

0.2% of the price or value of the shares, whichever is higher, rounded down to the nearest dollar, with a minimum of $1.

**How are private company shares valued?**

At net asset value: (total assets − total liabilities) ÷ shares issued × shares transferred, from accounts dated within 24 months of the transfer.

**When must the document be stamped?**

Before you sign it. Without penalty, within 14 days after signing in Singapore or 30 days after receiving it in Singapore if signed overseas.

**What is the penalty for stamping late?**

The greater of $10 or the duty if not more than 3 months late; the greater of $25 or 4 times the duty if more than 3 months late.

**Is there duty on a gift of shares?**

Yes. Duty is charged on the value of the shares.


## Sources

- [IRAS — Buying or acquiring shares](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/buying-or-acquiring-shares) — Rate, how to value shares and the trust duty (updated 28 Jan 2026).
- [IRAS — When to pay stamp duty](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/paying-stamp-duty/when-to-pay-stamp-duty) — Stamping deadlines (updated 5 Feb 2026).
- [IRAS — Late payment or non-payment of stamp duty](https://www.iras.gov.sg/taxes/stamp-duty/for-shares/paying-stamp-duty/late-payment-or-non-payment-of-stamp-duty) — Penalties for stamping late.