What is the interest withholding rate between United Kingdom and Hong Kong?
The United Kingdom-Hong Kong tax treaty reduces the withholding rate on interest payments to 0%. This means interest paid between residents of these two countries is exempt from withholding tax at source. This is particularly beneficial for cross-border debt financing and bank deposits. The 0% rate still requires proper documentation — it does not apply automatically. Interest is fully exempt — United Kingdom has 27 such treaties in its network.
Network Comparison
United Kingdom
Rank 14 of 54 active treaties (lowest rate = #1)
Lower rates with: Finland (0%), France (0%), Greece (0%)
Higher rates with: Croatia (0%), Hungary (0%), Ireland (0%)
Hong Kong
Rank 7 of 23 active treaties (lowest rate = #1)
Lower rates with: Germany (0%), Finland (0%), France (0%)
Higher rates with: Ireland (0%), India (0%), Italy (0%)