Hong Kong flagvs
Austria flag

Hong Kong vs Austria Tax Comparison

Side-by-side comparison of tax rates and systems

Tax Rate Comparison

Rate Comparison

Top Income Tax

Hong Kong flagHong Kong
17%Lower
Austria flagAustria
55%

Corporate Tax

Hong Kong flagHong Kong
16.5%Lower
Austria flagAustria
23%

Capital Gains

Hong Kong flagHong Kong
0%Lower
Austria flagAustria
27.5%

VAT / Sales Tax

Hong Kong flagHong Kong
0%Lower
Austria flagAustria
20%
Category
Hong Kong flagHong Kong
Austria flagAustria
Tax SystemTerritorialProgressive
Top Income Tax17%55%
Corporate Tax16.5%23%
Capital Gains0%27.5%
VAT / Sales Tax0%20%
Crypto TaxNoYes
Wealth TaxNoNo
Tax Treaties4590
CurrencyHKDEUR

The bottom line: Hong Kong vs Austria

Hong Kong has the lower headline rate on 4 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Hong Kong runs a territorial tax system, while Austria uses a progressive one. On crypto, Hong Kong is the more favourable — it does not tax cryptocurrency gains. Austria has the wider tax-treaty network (90 agreements), which can reduce withholding tax on cross-border income.

Hong Kong vs Austria Tax FAQ