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Hong Kong vs Singapore: tax compared

Hong Kong's headline personal income tax rate is 17% and Singapore's is 24%. Company tax is 16.5% in Hong Kong and 17% in Singapore. Both figures come from each country's official tax guidance, checked on 8 November 2026.

Face to face.

Hong Kong

Singapore

Personal income tax

17%Lower

Top progressive rate · tax capped at 15% of net income, 16% above HK$5m

Personal income tax

24%

Top rate, progressive

Company tax

16.5%Lower

Company tax

17%

Special tax regime: No

Official guidancechecked 8 November 2026

Special tax regime: Yes

Official guidancechecked 8 November 2026

What the headline misses.

Regional and local taxes, social security, treaty relief and each country's residency test decide what you actually pay. The headline rate is where the comparison starts, not where it ends.

Tax guideHong Kong: rates, residency and recent changesTax guideSingapore: rates, residency and recent changes

Questions

What people ask.

Straight answers, from the figures above.

On the headline rate, Hong Kong (17%) is lower than Singapore (24%). Local and regional taxes, social security and any special regime can change what you actually pay, so compare your own income before you decide.

On the headline rate, Hong Kong (16.5%) is lower than Singapore (17%). Exemptions, small-profit rates and where the company is managed from change the real figure.

From each country's official tax guidance, linked on this page and checked on 8 November 2026. Heed rechecks its rates on a rolling schedule, and sooner when an official page changes.

No. Heed is information, not advice. The headline rate is where a comparison starts; a qualified adviser in each country should confirm your position.

Rules move. Heed watches both.

Heed follows Hong Kong and Singapore from their official sources and tells you when a rule that affects you changes, and the Scenario Planner runs your own income through both.

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