BT · AsiaHK · Asia

Bhutan vs Hong Kong: tax rates compared

Bhutan has an income tax rate of 30%, 13pp above Hong Kong's 17%. The 200-country average is 28%: Bhutan sits above it, Hong Kong sits below it. Bhutan's figure is dated 2026-07-20 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income17%30%Corporate16.5%25%VAT0%5%Wealth Tax0%
four shared taxes, side by side
Tax BT HKDifference
Income Tax30%17%BT +13 pplargest gap
Corporate Tax25%16.5%BT +8.5 pp
VAT5%0%BT +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bhutan30%Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20
Hong Kong17%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31
Difference+13 ppBhutan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bhutan25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Hong Kong16.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+8.5 ppBhutan higher

Bhutan has a corporate tax rate of 25%, 8.5pp above Hong Kong's 16.5%. The 201-country average is 22.6%: Bhutan sits above it, Hong Kong sits below it.

VAT

VAT, side by side
CountryRateSource
Bhutan5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31
Difference+5 ppBhutan higher

Bhutan has a VAT rate of 5%, 5pp above Hong Kong's 0%. The 181-country average is 15%: both sit below it. Bhutan's figure is dated 2026-01-01 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bhutan0%Source: Bhutan Department of Revenue and Customs, Ministry of Finance · as of 2026-07-18
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31
Difference0 ppdisplayed rates match

Bhutan and Hong Kong share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Bhutan's figure is dated 2026-07-18 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.