HK · AsiaMV · Asia

Hong Kong vs Maldives: tax rates compared

Between the two, Hong Kong's income tax rate (17%) tops Maldives's (15%) by 2pp. The 200-country average is 28%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Maldives's 2020-01-01, 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

0102030405060Income15%17%Corporate15%16.5%VAT0%8%Wealth Tax0%
four shared taxes, side by side
Tax HK MVDifference
Income Tax17%15%HK +2 pp
Corporate Tax16.5%15%HK +1.5 pp
VAT0%8%MV +8 pplargest gap
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
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Difference+2 ppHong Kong higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hong Kong16.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1.5 ppHong Kong higher

Between the two, Hong Kong's corporate tax rate (16.5%) tops Maldives's (15%) by 1.5pp. 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
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Difference−8 ppMaldives higher

Between the two, Maldives's VAT rate (8%) tops Hong Kong's (0%) by 8pp. The 181-country average is 15%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Maldives's 2023-01-01, 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
Maldives0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01
Difference0 ppdisplayed rates match

There's no gap here — Hong Kong and Maldives both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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