VAT on Silver in Hong Kong
Hong Kong has no VAT, GST or sales tax, so silver bars and coins are untaxed. Silver jewellery carries no sales tax. Today 10 grams of fine silver cost $123.89 at the world price, with no tax on investment bars.
Rules checked 26 October 2026 · Prices Oct 30, 2026, 21:55 UTC · Not tax advice
Bars
0%
None
Jewellery
0%
On n/a
Import duty
0%
none in the local price
Tourist refund
No
no refund scheme for silver
Silver in Hong Kong today, with tax
HKD · Oct 30, 2026, 21:55 UTC| Weight | World price, fine silver | Bar, with tax and duty | Sterling (925) jewellery metal, with tax |
|---|---|---|---|
| 1 gram | $12.39 | $12.39 | $11.46 |
| 1 mace | $46.37 | $46.37 | $42.89 |
| 1 tael | $463.69 | $463.69 | $428.91 |
| 1 ounce | $385.33 | $385.33 | $356.43 |
| 100 grams | $1,239 | $1,239 | $1,146 |
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.
The rules in Hong Kong
| What you buy | Tax | Details |
|---|---|---|
| Bars | 0% | Hong Kong has no VAT, GST or sales tax, so silver bars and coins are untaxed. None. |
| Jewellery | 0% | Silver jewellery carries no sales tax. |
| Import duty | 0% | Hong Kong is a free port and charges no import duty on silver. |
| Tourist refund | No | Not applicable: no sales tax. |
Compared with nearby countries
| Country | Bars | Jewellery | Import duty |
|---|---|---|---|
| Hong Kong | 0% | 0% | none |
| China | 13% | 18.9% | not verified |
| Japan | 10% | 10% | none |
| South Korea | 10% | 10% | not verified |
| Singapore | 0% | 9% | none |
| Malaysia | 0% | 0% | not verified |
| Thailand | 7% | 7% | not verified |
| Vietnam | 0% | 0% on the silver | not verified |
| Indonesia | 11% | 11% | not verified |
| Philippines | 12% | 12% | not verified |
VAT on Silver in Hong Kong: FAQ
Is there VAT on silver in Hong Kong?
Hong Kong has no VAT, GST or sales tax, so silver bars and coins are untaxed. Silver jewellery carries no sales tax.
Do you pay VAT on silver bars and coins in Hong Kong?
Hong Kong has no VAT, GST or sales tax, so silver bars and coins are untaxed. None.
Is there import duty on silver in Hong Kong?
Hong Kong is a free port and charges no import duty on silver.
Can tourists claim back the VAT on silver in Hong Kong?
No. Not applicable: no sales tax.
Sources (1)
- HKETO Berlin: invest FAQ (no sales tax or VAT; free port) (not opened this session; cited in the silverprice country notes (reviewed Oct 2026))
Related
VAT on silver in all countriesSilver price in Hong Kong Where is silver cheapest?Tax on selling silverSilver 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.