Saint Vincent and the Grenadines vs Guinea
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.
๐ป๐จ Saint Vincent and the Grenadines โ SVG Tax System
Saint Vincent and the Grenadines taxes individual income at progressive rates up to 30%. No capital gains tax. VAT of 15% was introduced in 2007. The country is developing its offshore financial sector and Citizenship by Investment programme. Banana exports and tourism are key economic pillars.
๐ฌ๐ณ Guinea โ 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.
Saint Vincent and the Grenadines vs Guinea: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐ณ Guinea has a higher top income tax rate (0โ30% vs 0โ40%). ๐ป๐จ Saint Vincent and the Grenadines is more favourable for high earners.
๐ VAT/Sales Tax: Guinea has a higher consumption tax (15% vs 18%).
๐ข Corporate Tax: ๐ป๐จ Saint Vincent and the Grenadines offers a lower corporate rate (30% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ป๐จ Saint Vincent and the Grenadines taxes investment gains at a lower rate (0% vs 35%), benefiting investors.