Hong Kong Taxation

Hong Kong Taxation

Brand: Hong Kong
Category: Tax Jurisdiction
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Rating

The overall rating is based on review by third parties and our experts

8

Global Tax Friendly 10 / 10
Inheritance Tax Friendly 10 / 10
Easy to Citizenship 6 / 10
Financial Secret Score 6 / 10
R. Estate Tax Friendly 9 / 10
Gift Tax Friendly 10 / 10
Anti-Aml Index 5 / 10

An individual is regarded as a tax resident of Hong Kong, China if –

he/she ordinarily resides in Hong Kong, China; or
he/she stays in Hong Kong, China for more than 180 days during a year of assessment or for more than 300 days in two consecutive years of assessment one of which is the relevant year of assessment.

Information

Investment Basis

Currency	HKD
Individual Worldwide Tax Basis	No Worldwide Tax
Fast Track Citizenship

Individual Taxation

Starting Income Tax Rate	2%
Highest Income Tax Rate	17%
No Individual Capital Gain Tax

Inheritance, Gift, Net Worth, Dividend, Interest Taxation

No Net Worth Tax
No Gift Tax
No Inheritance Tax
Dividend Tax	0%
Interest Tax	0%

Corporate Taxation

Income Tax Rate	15%
Branch Tax Rate	15%
No Capital Gain Tax

Withholding Taxation for Nonresidents

Dividends (Company)	0%
Interest (Company)	0%
Royalties (Company)	0%
Fees for Technical Services (Company)	0%
Dividends (Individual)	0%
Interest (Individual)	0%
Royalties (Individual)	0%
Fees for Technical Services (Individual)	0%

Withholding Taxation for Residents

Dividends (Company)	0%
Interest (Company)	0%
Royalties (Company)	0%
Fees for Technical Services (Company)	0%
Dividends (Individual)	0%
Interest (Individual)	0%
Royalties (Individual)	0%
Fees for Technical Services (Individual)	0%

Real Estate

Stamp Duty	0.2%
Transfer Tax	None
Real Property Tax	10%/15%/20%

Value Added Tax

Standard Rate	None
Reduced Rate	None

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