Hong Kong first registration tax and licence fee calculator

How first registration tax in Hong Kong is calculated

First registration tax is the big number. It is charged once, on the car’s **taxable value**, across four bands: **46%** on the first $150,000, **86%** on the next $150,000, **115%** on the next $200,000 and **132%** on the remainder. A $250,000 car pays $155,000 of FRT; above $500,000 each extra dollar of value costs $1.32.

**Electric cars no longer get a discount.** The FRT concessions for electric private cars, including the One-for-One Replacement Scheme, were not extended past 31 March 2026. An electric car registered on an application from 1 April 2026 pays the same schedule as a petrol one — a $300,000 EV now carries $198,000 of FRT — unless it was ordered by 25 February 2026 under the one-off transitional arrangement.

The **annual licence fee** is the recurring cost. Petrol and diesel cars are banded by cylinder capacity, from $5,074 (petrol, up to 1,500 cc) to $16,592 (diesel, over 4,500 cc); electric cars by rated power, from $1,614 (up to 75 kW) to $5,114 (over 225 kW) under the structure applying to licences from March 2026. The fee includes the Traffic Accident Victims Assistance levy.