Guinea Tax Rates
Guinea operates a progressive personal income tax system with rates up to 35%. The Direction Nationale des Impôts administers the system, featuring a 25% corporate tax rate and 18% VAT. Guinea is one of the world's largest bauxite producers, and mining is the dominant sector of the economy.
Top Income Tax Rate
35%
Corporate Tax Rate
25%
VAT / Sales Tax
18%
Capital Gains Tax
15%
Detailed Tax Information
Income Tax Brackets
Guinea levies progressive income tax with rates from 0% to 35%. Employment income is subject to PAYE withholding. Non-residents are taxed on Guinean-sourced income.
| Income Range | Tax Rate |
|---|---|
| FG 0 – FG 5.0M | 0% |
| FG 5.0M – FG 10.0M | 10% |
| FG 10.0M – FG 15.0M | 15% |
| FG 15.0M – FG 20.0M | 20% |
| FG 20.0M+ | 35% |
Corporate Tax
The standard corporate tax rate is 25%. Mining companies are subject to the Mining Code with specific fiscal provisions. A minimum tax of 3% of turnover applies.
Standard Rate
25%
Capital Gains Tax
Capital gains are generally included in taxable income. A 15% rate may apply to specific capital disposals.
Rate
15%
VAT / Sales Tax
VAT is levied at 18% on most goods and services. Essential goods and services are exempt. Exports are zero-rated.
Standard Rate
18%
Cryptocurrency Tax
Guinea does not have specific cryptocurrency legislation. General tax principles would apply.
Tax Treaties
Guinea has approximately 3 double taxation agreements.
Treaty Network
3
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Guinea
See how much you could save by moving here from your current country.
+$19K
Tax in United States
$24K
24.4% effective
Tax in Guinea
$5K
5% effective
You Save
79.5%
less tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
