Hong Kong - Tax System

The tax system in Hong Kong is amazingly straight forward. The tax is one of the lowest in the world and there aren’t a lot of exemptions available. For easy, detailed information about taxes, pick up "A Brief Guide To Taxes",  Administered by The Inland Revenue Department. 

There are three types of taxation:

Salary Tax
Salary tax is 15%, and in some cases lower.

Profit Tax
Profit tax is at the maximum 16.5%. 

Property Tax
The standard rate is 15%.