HK · Asia ↔ FM · Oceania

Hong Kong vs Micronesia: tax rates compared

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.

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

Corporate Tax

0102030405060World avg 22.6%HK 16.5%FM 30%
Corporate Tax, side by side
CountryRateSource
Hong Kong16.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Micronesia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−13.5 ppMicronesia higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%HK 0%FM 0%
Wealth Tax, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31
Micronesia0%Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18
Difference0 ppdisplayed 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: Income Tax, VAT, Capital Gains Tax, Crypto Tax.