HK · AsiaPT · Europe

Hong Kong vs Portugal: tax rates compared

Portugal's income tax rate is 36pp higher than Hong Kong's (53% vs 17%). The 200-country average is 28%: Hong Kong sits below it, Portugal sits above it.

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

At a glance

0102030405060Income17%53%Corporate16.5%30.5%VAT0%23%Capital Gains0%28%Crypto0%28%Wealth Tax0%
six shared taxes, side by side
Tax HK PTDifference
Income Tax17%53%PT +36 pplargest gap
Corporate Tax16.5%30.5%PT +14 pp
VAT0%23%PT +23 pp
Capital Gains Tax0%28%PT +28 pp
Crypto Tax0%28%PT +28 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
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−36 ppPortugal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hong Kong16.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Portugal30.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−14 ppPortugal higher

Portugal's corporate tax rate is 14pp higher than Hong Kong's (30.5% vs 16.5%). The 201-country average is 22.6%: Hong Kong sits below it, Portugal sits above 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
Portugal23%Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24
Difference−23 ppPortugal higher

Portugal's VAT rate is 23pp higher than Hong Kong's (23% vs 0%). The 181-country average is 15%: Hong Kong sits below it, Portugal sits above it. Hong Kong's figure is dated 2025-12-31 and Portugal's 2026-07-24, 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
Portugal28%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24
Difference−28 ppPortugal higher

Portugal's capital gains tax rate is 28pp higher than Hong Kong's (28% vs 0%). The 175-country average is 10.3%: Hong Kong sits below it, Portugal sits above it. Hong Kong's figure is dated 2025-12-31 and Portugal's 2026-07-24, so the two rates come from different data vintages.

Crypto Tax

Portugal's crypto tax rate is 28pp higher than Hong Kong's (28% vs 0%). The 88-country average is 13%: Hong Kong sits below it, Portugal sits above it. Hong Kong's figure is dated 2020-03-01 and Portugal's 2026-06-25, 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
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Difference0 ppdisplayed rates match

Hong Kong's wealth tax rate is identical to Portugal'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 Portugal's 2026-01-05, so the two rates come from different data vintages.