Belize vs Hong Kong
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ง๐ฟ Belize โ Municipal & Town Council Taxes
Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system โ a turnover-based tax (1.75%โ19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.
๐ญ๐ฐ Hong Kong โ No Sub-Regional Tax Variation
Hong Kong is a Special Administrative Region with a simple, low-tax structure. There are no sub-regional taxes. Profits tax applies only to profits arising in or derived from Hong Kong (territorial basis). Property rates are charged at ~5% of assessed rental value. Estate duty was abolished in 2006. Stamp duty on property has been progressively modified since 2022 to cool/stimulate the market. There is no VAT, capital gains tax, or withholding tax on dividends.
Belize vs Hong Kong: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ฟ Belize has a higher top income tax rate (0โ25% vs 2โ17%). ๐ญ๐ฐ Hong Kong is more favourable for high earners.
๐ VAT/Sales Tax: Belize has a higher consumption tax (12.5% vs 0%).
๐ข Corporate Tax: ๐ญ๐ฐ Hong Kong offers a lower corporate rate (16.5% vs 19%), which can influence business location decisions.