WorldTax Compareโ† All Comparisons

Hong Kong vs Malawi
Tax Rate Comparison

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

๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong
vs
๐Ÿ‡ฒ๐Ÿ‡ผ Malawi
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
2โ€“17%
Stable; simple territorial system maintained
No change
0โ€“35%
35% top; IMF program conditions
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0%
No VAT
No change
16.5%
16.5% VAT maintained
No change
Corporate Tax Rate
Corporate Tax Rate
8.25โ€“16.5%
Domestic minimum top-up tax (DMTT) for Pillar Two groups
No change
30%
30%; mining sector developing
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
30%
30% CGT maintained
No change
Social Security & Payroll
Social Security / Payroll
~10%
MPF review ongoing; voluntary contributions encouraged
No change
~10%
MASM; pension coverage expanding
No change
State, Regional & Local Taxes

๐Ÿ‡ญ๐Ÿ‡ฐ 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.

๐Ÿ‡ฒ๐Ÿ‡ผ Malawi โ€” District & City Councils

Malawi's 28 district councils and city/town assemblies levy property rates, trading licences, and local service charges. The Malawi Revenue Authority (MRA) administers national taxes. Malawi is landlocked and one of the world's poorest countries โ€” highly dependent on tobacco exports (declining due to health campaigns), tea, and sugar, plus significant international aid. An IMF Extended Credit Facility has been supporting fiscal consolidation. The kwacha has experienced significant depreciation, complicating tax bracket real values over time.

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

Hong Kong vs Malawi: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฒ๐Ÿ‡ผ Malawi has a higher top income tax rate (2โ€“17% vs 0โ€“35%). ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Malawi has a higher consumption tax (0% vs 16.5%).

๐Ÿข Corporate Tax: ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong offers a lower corporate rate (16.5% vs 30%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong taxes investment gains at a lower rate (0% vs 30%), benefiting investors.

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