Guinea vs Cape Verde
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇬🇳 Guinea — Guinea Tax System
Guinea has progressive income tax up to 40%. TVA (VAT) is 18%. The country holds the world's largest bauxite reserves and significant iron ore deposits, making mining-sector tax revenue critical. Following the September 2021 coup, the junta government (CNRD) has focused on renegotiating mining contracts to increase state revenue. Tax administration is being reformed with IMF support.
🇨🇻 Cape Verde — Cape Verde Tax System
Cape Verde (Cabo Verde) has a progressive income tax system up to 27.5%. IVA (VAT) is 15%. As a small island developing state with few natural resources, the economy depends on tourism and remittances. The country has a relatively good governance record for West Africa and is pursuing double taxation agreements. A 10% withholding tax applies to dividends and interest.
Guinea vs Cape Verde: Key Tax Differences (2026)
💰 Income Tax: 🇬🇳 Guinea has a higher top income tax rate (0–40% vs 0–27.5%). 🇨🇻 Cape Verde is more favourable for high earners.
🛒 VAT/Sales Tax: Guinea has a higher consumption tax (18% vs 15%).
🏢 Corporate Tax: 🇨🇻 Cape Verde offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
📈 Capital Gains: 🇨🇻 Cape Verde taxes investment gains at a lower rate (25% vs 35%), benefiting investors.