HK · AsiaMK · Europe

Hong Kong vs North Macedonia: tax rates compared

Between the two, Hong Kong's income tax rate (17%) tops North Macedonia's (10%) by 7pp. The 200-country average is 28%: both sit below it. Hong Kong's figure is dated 2025-12-31 and North Macedonia's 2023-01-01, 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

0102030405060Income10%17%Corporate10%16.5%VAT0%18%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax HK MKDifference
Income Tax17%10%HK +7 pp
Corporate Tax16.5%10%HK +6.5 pp
VAT0%18%MK +18 pplargest gap
Capital Gains Tax0%10%MK +10 pp
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
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Difference+7 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
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+6.5 ppHong Kong higher

Between the two, Hong Kong's corporate tax rate (16.5%) tops North Macedonia's (10%) by 6.5pp. 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
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Difference−18 ppNorth Macedonia higher

Between the two, North Macedonia's VAT rate (18%) tops Hong Kong's (0%) by 18pp. The 181-country average is 15%: Hong Kong sits below it, North Macedonia sits above it. Hong Kong's figure is dated 2025-12-31 and North Macedonia's 2026-07-23, 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
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Difference−10 ppNorth Macedonia higher

Between the two, North Macedonia's capital gains tax rate (10%) tops Hong Kong's (0%) by 10pp. The 175-country average is 10.3%: both sit below it. Hong Kong's figure is dated 2025-12-31 and North Macedonia's 2026-02-08, 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
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Hong Kong and North Macedonia 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 North Macedonia's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.