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Grenada vs Hong Kong: tax rates compared

Between the two, Grenada's income tax rate (30%) tops Hong Kong's (17%) by 13pp. The 200-country average is 28%: Grenada sits above it, Hong Kong sits below it. Grenada'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 five 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%28%VAT0%15%Capital Gains0%Crypto0%
five shared taxes, side by side
Tax GD HKDifference
Income Tax30%17%GD +13 pp
Corporate Tax28%16.5%GD +11.5 pp
VAT15%0%GD +15 pplargest gap
Capital Gains Tax0%0%match
Crypto Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Grenada30%Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · 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 ppGrenada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Grenada28%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+11.5 ppGrenada higher

Between the two, Grenada's corporate tax rate (28%) tops Hong Kong's (16.5%) by 11.5pp. The 201-country average is 22.6%: Grenada sits above it, Hong Kong sits below it.

VAT

VAT, side by side
CountryRateSource
Grenada15%Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31
Difference+15 ppGrenada higher

Between the two, Grenada's VAT rate (15%) tops Hong Kong's (0%) by 15pp. The 181-country average is 15%: Grenada matches the world average, Hong Kong sits below it. Grenada's figure is dated 2010-02-01 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
Grenada0%Source: Grenada Inland Revenue Division — Income Tax · 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 — Grenada and Hong Kong both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Grenada'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
Grenada0%Source: Grenada Inland Revenue Division — 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 — Grenada and Hong Kong both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it. Grenada's figure is dated 2026-07-19 and Hong Kong's 2020-03-01, so the two rates come from different data vintages.

Not covered for both countries yet: Wealth Tax.