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Hong Kong vs Armenia
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇭🇰 Hong Kong
vs
🇦🇲 Armenia
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
2–17%
Stable; simple territorial system maintained
No change
20%
Flat 20%; tech hub status attracting IT workers
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
0%
No VAT
No change
20%
20% stable
No change

Corporate Tax Rate

Corporate Tax Rate
8.25–16.5%
Domestic minimum top-up tax (DMTT) for Pillar Two groups
No change
18%
18%; tech incentives; Pillar Two considerations
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
10%
10% maintained
No change

Social Security & Payroll

Social Security / Payroll
~10%
MPF review ongoing; voluntary contributions encouraged
No change
~21.5%
Pension system maturing
No change
State, Regional & Local Taxes

🇭🇰 Hong KongNo 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.

🇦🇲 ArmeniaCommunity & Municipal Taxes

Armenia's 930 communities (hamaynkner) levy local taxes including land tax and property tax within frameworks set by the Tax Code. Yerevan, as a metropolis divided into 12 administrative districts, has the highest commercial property values. The State Revenue Committee (SRC) administers all national taxes. Armenia has an EU-associated trade agreement (CEPA) and maintains CIS links with Russia. A flat income tax replaced progressive rates in 2020. Significant diaspora investment affects the fiscal landscape.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Hong Kong vs Armenia: Key Tax Differences (2026)

💰 Income Tax: 🇦🇲 Armenia has a higher top income tax rate (2–17% vs 20%). 🇭🇰 Hong Kong is more favourable for high earners.

🛒 VAT/Sales Tax: Armenia has a higher consumption tax (0% vs 20%).

🏢 Corporate Tax: 🇭🇰 Hong Kong offers a lower corporate rate (16.5% vs 18%), which can influence business location decisions.

📈 Capital Gains: 🇭🇰 Hong Kong taxes investment gains at a lower rate (0% vs 10%), benefiting investors.

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All 🇭🇰 Hong Kong comparisons →All 🇦🇲 Armenia comparisons →