Colombia vs Hong Kong
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¨π΄ Colombia β Departmental & Municipal Taxes
Colombia's 32 departments and 1,102 municipalities levy Industria y Comercio (ICA) β a gross receipts tax on business activity at 0.2%β1.4% of revenues. Municipalities set property tax (predial) rates within national ranges. The SIMPLE tax regime integrates various taxes for small businesses. BogotΓ‘ and MedellΓn have higher ICA rates than smaller cities. Departments levy taxes on alcohol, tobacco, and vehicle registration.
ππ° Hong Kong β 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.
Colombia vs Hong Kong: Key Tax Differences (2026)
π° Income Tax: π¨π΄ Colombia has a higher top income tax rate (0β39% vs 2β17%). ππ° Hong Kong is more favourable for high earners.
π VAT/Sales Tax: Colombia has a higher consumption tax (0β19% vs 0%).
π’ Corporate Tax: ππ° Hong Kong offers a lower corporate rate (16.5% vs 35%), which can influence business location decisions.
π Capital Gains: ππ° Hong Kong taxes investment gains at a lower rate (0% vs 15%), benefiting investors.