Hong Kong S.A.R. vs Singapore
Side-by-side tax comparison
Data sourced from OECD, Tax Foundation, and PwC Tax Summaries.
See methodology for full source details.
Tax profile comparison
| Dimension | Hong Kong S.A.R. | Singapore |
|---|---|---|
| Corporate income tax | 16.5% | 17% |
| Withholding -- dividends | 0% | 0% |
| Withholding -- interest | 0% | 15% |
| Withholding -- royalties | 4.95% | 10% |
| VAT / GST (standard) | n/a | 9% |
| Personal income (top rate) | 16% | 20% |
| Capital gains | n/a | n/a |
| Digital services tax | none | none |
| Global minimum tax (Pillar 2) | implemented | implemented |
Double-tax treaty
No double-tax treaty found between Hong Kong S.A.R. and Singapore. Statutory withholding rates apply to cross-border flows.
Effective withholding calculator
Shows the effective withholding rate on a cross-border payment from Hong Kong S.A.R. to Singapore, comparing statutory vs treaty-reduced rates (if a treaty exists).
Dividends
0%
Statutory rate
Interest
0%
Statutory rate
Royalties
4.95%
Statutory rate
No treaty in force -- statutory withholding rates of the source jurisdiction apply. Actual rates depend on the payment type, entity structure, and domestic law.