Guinea vs Singapore
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¬π³ Guinea β 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.
πΈπ¬ Singapore β City-State β No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0β32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
Guinea vs Singapore: Key Tax Differences (2026)
π° Income Tax: π¬π³ Guinea has a higher top income tax rate (0β40% vs 0β24%). πΈπ¬ Singapore is more favourable for high earners.
π VAT/Sales Tax: Guinea has a higher consumption tax (18% vs 9%).
π’ Corporate Tax: πΈπ¬ Singapore offers a lower corporate rate (17% vs 35%), which can influence business location decisions.
π Capital Gains: πΈπ¬ Singapore taxes investment gains at a lower rate (0% vs 35%), benefiting investors.