DM · AmericasHK · Asia

Dominica vs Hong Kong: tax rates compared

Between the two, Dominica's income tax rate (35%) tops Hong Kong's (17%) by 18pp. The 200-country average is 28%: Dominica sits above it, Hong Kong sits below it. Dominica's figure is dated 2018-01-01 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.

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

At a glance

0102030405060Income17%35%Corporate16.5%25%VAT0%15%Capital Gains0%Crypto0%Wealth Tax0%
six shared taxes, side by side
Tax DM HKDifference
Income Tax35%17%DM +18 pplargest gap
Corporate Tax25%16.5%DM +8.5 pp
VAT15%0%DM +15 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Dominica35%Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01
Hong Kong17%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31
Difference+18 ppDominica higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Dominica25%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 ppDominica higher

Between the two, Dominica's corporate tax rate (25%) tops Hong Kong's (16.5%) by 8.5pp. The 201-country average is 22.6%: Dominica sits above it, Hong Kong sits below it.

VAT

VAT, side by side
CountryRateSource
Dominica15%Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31
Difference+15 ppDominica higher

Between the two, Dominica's VAT rate (15%) tops Hong Kong's (0%) by 15pp. The 181-country average is 15%: Dominica matches the world average, Hong Kong sits below it. Dominica's figure is dated 2006-03-01 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Dominica0%Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax / Current Income Tax Rates · as of 2026-07-19
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Income determination) · as of 2025-12-31
Difference0 ppdisplayed rates match

There's no gap here — Dominica and Hong Kong both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Dominica's figure is dated 2026-07-19 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Dominica0%Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax · as of 2026-07-19
Hong Kong0%Source: Hong Kong Inland Revenue Department — Departmental Interpretation and Practice Notes No. 39 (Revised): Digital Economy, Electronic Commerce and Digital Assets · as of 2020-03-01
Difference0 ppdisplayed rates match

There's no gap here — Dominica and Hong Kong both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it. Dominica's figure is dated 2026-07-19 and Hong Kong's 2020-03-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Dominica0%Source: Dominica Inland Revenue Division — Tax Laws · 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

There's no gap here — Dominica and Hong Kong both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Dominica's figure is dated 2026-07-18 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.