Guyana vs Georgia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐พ Guyana โ Regional & Municipal Taxes
Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.
๐ฌ๐ช Georgia โ Municipal Taxes
Georgia's 64 municipalities (including Tbilisi) have limited independent taxing powers โ income tax is nationally set. Municipalities levy property tax (gแแแแกแแฎแแแ qonebaze) at 0%โ1% of market value for individuals and 1% for legal entities. Vehicle annual fees and land tax are also locally determined. Georgia has a simple and low-tax system โ it introduced a flat 20% income tax in 2004 and has since maintained competitive rates. The Virtual Zone and Free Industrial Zone regimes offer significant corporate tax exemptions.
Guyana vs Georgia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐พ Guyana has a higher top income tax rate (28โ40% vs 20%). ๐ฌ๐ช Georgia is more favourable for high earners.
๐ VAT/Sales Tax: Georgia has a higher consumption tax (14% vs 18%).
๐ข Corporate Tax: ๐ฌ๐ช Georgia offers a lower corporate rate (15% vs 40%), which can influence business location decisions.
๐ Capital Gains: ๐ฌ๐ช Georgia taxes investment gains at a lower rate (15% vs 20%), benefiting investors.