Exemption of Stamp Duty on the Loan Contract between Financial Institute and Small and Micro-sized Companies

In order to encourage the financial institute to provide financial support to the small and micro-sized companies, Ministry of Finance (MOF) and State Administration of Taxation (SAT) issued the following policy on stamp duty:

  1. The loan contracts between financial institute and small and micro-sized companies shall be exempt from stamp duty between 1 November 2014 and 31 December 2017.
  2. The definition of the small and micro-sized company shall be refer to the regulation Ministry of industry and enterprise [2011] No. 300