Guinea vs Equatorial Guinea
Tax Rate Comparison
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💰 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.
🇬🇶 Equatorial Guinea — Equatorial Guinea Tax System
Equatorial Guinea has progressive income tax up to 35%. VAT is 15%. The country became sub-Saharan Africa's third-largest oil producer after 1995 oil discoveries, making it one of the wealthiest by GDP per capita — but extreme inequality means most citizens remain poor. The Obiang family has ruled since 1979. Oil revenue is declining; diversification efforts continue.
Guinea vs Equatorial Guinea: Key Tax Differences (2026)
💰 Income Tax: 🇬🇳 Guinea has a higher top income tax rate (0–40% vs 0–35%). 🇬🇶 Equatorial Guinea is more favourable for high earners.
🛒 VAT/Sales Tax: Guinea has a higher consumption tax (18% vs 15%).
🏢 Corporate Tax: Corporate rates are similar in both countries (35% vs 35%).