HK · AsiaIM · Europe

Hong Kong vs Isle of Man: tax rates compared

Isle of Man's income tax rate is 4pp higher than Hong Kong's (21% vs 17%). The 200-country average is 28%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Isle of Man's 2026-02-06, 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%21%Corporate0%16.5%VAT0%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax HK IMDifference
Income Tax17%21%IM +4 pp
Corporate Tax16.5%0%HK +16.5 pp
VAT0%20%IM +20 pplargest gap
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Hong Kong17%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31
Isle of Man21%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Taxes on personal income) · as of 2026-02-06
Difference−4 ppIsle of Man higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hong Kong16.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Isle of Man0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+16.5 ppHong Kong higher

Hong Kong's corporate tax rate is 16.5pp higher than Isle of Man's (16.5% vs 0%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31
Isle of Man20%Source: PWC Worldwide Tax Summaries — Isle of Man (Corporate, Other taxes) · as of 2026-02-06
Difference−20 ppIsle of Man higher

Isle of Man's VAT rate is 20pp higher than Hong Kong's (20% vs 0%). The 181-country average is 15%: Hong Kong sits below it, Isle of Man sits above it. Hong Kong's figure is dated 2025-12-31 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Income determination) · as of 2025-12-31
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Income determination) · as of 2026-02-06
Difference0 ppdisplayed rates match

Hong Kong's capital gains tax rate is identical to Isle of Man's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31
Isle of Man0%Source: PWC Worldwide Tax Summaries — Isle of Man (Individual, Other taxes) · as of 2026-02-06
Difference0 ppdisplayed rates match

Hong Kong's wealth tax rate is identical to Isle of Man's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Isle of Man's 2026-02-06, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.