HK · AsiaRW · Africa

Hong Kong vs Rwanda: tax rates compared

Rwanda's income tax rate is 13pp higher than Hong Kong's (30% vs 17%). The 200-country average is 28%: Hong Kong sits below it, Rwanda sits above it. Hong Kong's figure is dated 2025-12-31 and Rwanda'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

0102030405060Income17%30%Corporate16.5%28%VAT0%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax HK RWDifference
Income Tax17%30%RW +13 pp
Corporate Tax16.5%28%RW +11.5 pp
VAT0%18%RW +18 pplargest gap
Capital Gains Tax0%0%match
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
Rwanda30%Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20
Difference−13 ppRwanda higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hong Kong16.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Rwanda28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−11.5 ppRwanda higher

Rwanda's corporate tax rate is 11.5pp higher than Hong Kong's (28% vs 16.5%). The 201-country average is 22.6%: Hong Kong sits below it, Rwanda 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
Rwanda18%Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18
Difference−18 ppRwanda higher

Rwanda's VAT rate is 18pp higher than Hong Kong's (18% vs 0%). The 181-country average is 15%: Hong Kong sits below it, Rwanda sits above it. Hong Kong's figure is dated 2025-12-31 and Rwanda's 2026-02-18, 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
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Difference0 ppdisplayed rates match

Hong Kong's capital gains tax rate is identical to Rwanda's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Rwanda's 2026-02-18, 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
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Difference0 ppdisplayed rates match

Hong Kong's wealth tax rate is identical to Rwanda'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 Rwanda's 2026-02-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.