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Hong Kong vs Uzbekistan
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‡บ๐Ÿ‡ฟ Uzbekistan
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
12%
Flat 12%; competitive attracting CIS investment
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0%
No VAT
No change
12%
12% flat; no change planned
No change
Corporate Tax Rate
Corporate Tax Rate
8.25โ€“16.5%
Domestic minimum top-up tax (DMTT) for Pillar Two groups
No change
15%
15%; Pillar Two for qualifying MNCs
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
12%
12% flat
No change
Social Security & Payroll
Social Security / Payroll
~10%
MPF review ongoing; voluntary contributions encouraged
No change
~25%
Funded pension system growing; social protection 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‡บ๐Ÿ‡ฟ Uzbekistan โ€” Regional & Local Taxes

Uzbekistan's 14 regions (viloyatlar), Tashkent city, and the Republic of Karakalpakstan have limited independent tax powers. Local Councils of People's Deputies can set local tax rates within national frameworks. Local taxes include property tax on individuals, land tax for individuals, and water use tax (in rural areas). The State Tax Committee administers all major national taxes. Uzbekistan has undergone sweeping tax reforms since 2020 โ€” replacing a complex multi-rate VAT with a flat 12%, simplifying income and corporate tax.

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 Uzbekistan: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong has a higher top income tax rate (2โ€“17% vs 12%). ๐Ÿ‡บ๐Ÿ‡ฟ Uzbekistan is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Uzbekistan has a higher consumption tax (0% vs 12%).

๐Ÿข Corporate Tax: ๐Ÿ‡บ๐Ÿ‡ฟ Uzbekistan offers a lower corporate rate (15% vs 16.5%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong taxes investment gains at a lower rate (0% vs 12%), benefiting investors.

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