Asia Business Tax Rates (2026)
Asia and the Middle East, including Singapore, Hong Kong and the Gulf states' new corporate taxes.
Countries covered
30
Average corporate rate
20.4%
Lowest / highest
0% / 30.62%
Bahrain / Japan
| Country | Corporate tax | Top income tax | VAT / GST | Capital gains |
|---|---|---|---|---|
 Armenia | 18% | 20% | 20% | 10% |
 Bahrain | 0% | 0% | 10% | 0% |
 Bangladesh | 27.5% | 25% | 15% | 0% |
 Cambodia | 20% | 20% | 10% | 20% |
 China | 25% | 45% | 13% | 20% |
 Georgia | 15% | 20% | 18% | 20% |
 Hong Kong | 16.5% | 17% | 0% | 0% |
 India | 30% | 30% | 18% | 20% |
 Indonesia | 22% | 30% | 12% | 0% |
 Israel | 23% | 50% | 17% | 25% |
 Japan | 30.62% | 45% | 10% | 20.315% |
 Jordan | 20% | 30% | 16% | 0% |
 Kazakhstan | 20% | 10% | 16% | 10% |
 Kuwait | 15% | 0% | 0% | 0% |
 Malaysia | 24% | 28% | 10% | 0% |
 Nepal | 25% | 29% | 13% | 10% |
 Oman | 15% | 0% | 5% | 0% |
 Pakistan | 29% | 35% | 18% | 15% |
 Philippines | 25% | 35% | 12% | 6% |
 Qatar | 10% | 0% | 0% | 0% |
 Saudi Arabia | 20% | 0% | 15% | 0% |
 Singapore | 17% | 22% | 9% | 0% |
 South Korea | 25% | 45% | 10% | 11% |
 Sri Lanka | 30% | 36% | 18% | 10% |
 Taiwan | 20% | 40% | 5% | 0% |
 Thailand | 20% | 35% | 7% | 0% |
 Turkey | 25% | 35% | 20% | 0% |
 United Arab Emirates | 9% | 0% | 5% | 0% |
 Uzbekistan | 15% | 12% | 12% | 12% |
 Vietnam | 20% | 35% | 10% | 0% |