WorldTax Compareโ† All Comparisons

Hong Kong vs Sweden
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‡ธ๐Ÿ‡ช Sweden
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
32โ€“52%
Threshold adjustments; municipal variation continues
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0%
No VAT
No change
6โ€“25%
Standard 25% 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
20.6%
Pillar Two compliance for MNCs
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
30%
Capital income tax rate unchanged
No change
Social Security & Payroll
Social Security / Payroll
~10%
MPF review ongoing; voluntary contributions encouraged
No change
31.42%
Employer social contributions unchanged
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‡ธ๐Ÿ‡ช Sweden โ€” Municipal Income Tax

Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.

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 Sweden: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ธ๐Ÿ‡ช Sweden has a higher top income tax rate (2โ€“17% vs 32โ€“52%). ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Sweden has a higher consumption tax (0% vs 6โ€“25%).

๐Ÿข Corporate Tax: ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong offers a lower corporate rate (16.5% vs 20.6%), 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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