Singapore vs Equatorial 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.
๐ธ๐ฌ Singapore โ City-State โ 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 (0โ32% 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.
๐ฌ๐ถ Equatorial Guinea โ 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 โ but extreme inequality means most citizens remain poor. The Obiang family has ruled since 1979. Oil revenue is declining; diversification efforts continue.
Singapore vs Equatorial Guinea: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐ถ Equatorial Guinea has a higher top income tax rate (0โ24% vs 0โ35%). ๐ธ๐ฌ Singapore is more favourable for high earners.
๐ VAT/Sales Tax: Equatorial Guinea has a higher consumption tax (9% vs 15%).
๐ข Corporate Tax: ๐ธ๐ฌ Singapore offers a lower corporate rate (17% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐ฌ Singapore taxes investment gains at a lower rate (0% vs 35%), benefiting investors.