VAT on Gold in Hong Kong
Hong Kong has no VAT, GST or sales tax. Jewellery carries no sales tax. Today 10 grams of 24K gold cost $9,778 at the world price, with no tax on investment bars and coins.
Rules checked 26 October 2026 · Prices Oct 30, 2026, 21:55 UTC · Not tax advice
Bars and coins
0%
None
Jewellery
0%
On n/a
Import duty
0%
none in the local price
Tourist refund
No
no refund scheme for gold
Gold in Hong Kong today, with tax
HKD · Oct 30, 2026, 21:55 UTC| Weight | World price, 24K gold | Bar or coin, with tax and duty | 18K jewellery metal, with tax |
|---|---|---|---|
| 1 gram | $977.84 | $977.84 | $733.38 |
| 1 mace (chin) | $3,660 | $3,660 | $2,745 |
| 1 tael (leung) | $36,600 | $36,600 | $27,450 |
| 1 ounce | $30,414 | $30,414 | $22,811 |
| 5 taels | $182,999 | $182,999 | $137,249 |
The world price at today's exchange rate, plus the tax and import duty shown above. Dealers add a premium to bars and coins, and jewellers add making charges. Flat to a $1/oz premium on 9 Oct 2026.
The rules in Hong Kong
| What you buy | Tax | Details |
|---|---|---|
| Bars and bullion coins | 0% | Hong Kong has no VAT, GST or sales tax. None. |
| Jewellery | 0% | Jewellery carries no sales tax. |
| Import duty | 0% | No customs duty on gold; import and export controls were lifted in 1974. |
| Tourist refund | No | Not applicable: no sales tax. |
Compared with nearby countries
| Country | Bars and coins | Jewellery | Import duty |
|---|---|---|---|
| Hong Kong | 0% | 0% | none |
| China | 0% | 18.9% | none |
| Japan | 10% | 10% | none |
| South Korea | 10% | 10% | none |
| Singapore | 0% | 9% | none |
| Malaysia | 0% | 0% | none |
| Thailand | 0% | 0% on the gold | none |
| Vietnam | 0% | 0% on the gold | none |
| Indonesia | 0% | 1.65% | none |
| Philippines | 12% | 12% | none |
VAT on Gold in Hong Kong: FAQ
Is there VAT on gold in Hong Kong?
Hong Kong has no VAT, GST or sales tax. Jewellery carries no sales tax.
Do you pay VAT on gold bars and coins in Hong Kong?
Hong Kong has no VAT, GST or sales tax. None.
Is there import duty on gold in Hong Kong?
No customs duty on gold; import and export controls were lifted in 1974.
Can tourists claim back the VAT on gold in Hong Kong?
No. Not applicable: no sales tax.
Why is the gold price in Hong Kong different from the world price?
Flat to a $1/oz premium on 9 Oct 2026.
Sources (2)
- news.gov.hk: central gold clearing system (2026-07-07)
- Engineering News (Reuters): Hong Kong flat to $1 premium (2026-10-09)
Related
VAT on gold in all countriesGold price in Hong KongTax on selling gold in Hong Kong Where is gold cheapest?Tax on selling goldGold travel allowance
General information on the tax a private buyer pays, checked 26 October 2026. Rules change; check with the seller, the tax authority or an adviser. Not tax advice.