HK · AsiaFM · Oceania
Hong Kong vs Micronesia: tax rates compared
Between the two, Hong Kong's income tax rate (17%) tops Micronesia's (10%) by 7pp. The 200-country average is 28%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Micronesia's 2026-07-20, 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
| Tax | HK | FM | Difference |
|---|---|---|---|
| Income Tax | 17% | 10% | HK +7 pp |
| Corporate Tax | 16.5% | 30% | FM +13.5 pplargest gap |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 17% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31 |
| Micronesia | 10% | Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20 |
| Difference | +7 pp | Hong Kong higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 16.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −13.5 pp | Micronesia higher |
Between the two, Micronesia's corporate tax rate (30%) tops Hong Kong's (16.5%) by 13.5pp. The 201-country average is 22.6%: Hong Kong sits below it, Micronesia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Income determination) · as of 2025-12-31 |
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Hong Kong and Micronesia both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Micronesia's 2026-07-19, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 0% | 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 |
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Hong Kong and Micronesia both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it. Hong Kong's figure is dated 2020-03-01 and Micronesia's 2026-07-19, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31 |
| Micronesia | 0% | Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Hong Kong and Micronesia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Micronesia's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: VAT.