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Belize vs Equatorial Guinea: tax rates compared

Belize's income tax rate is identical to Equatorial Guinea's — both sit at 25%. The 200-country average is 28%: both sit below it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income25%Corporate0%25%VAT12.5%15%Wealth Tax0%
four shared taxes, side by side
Tax BZ GQDifference
Income Tax25%25%match
Corporate Tax0%25%GQ +25 pplargest gap
VAT12.5%15%GQ +2.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belize25%Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01
Equatorial Guinea25%Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Equatorial Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−25 ppEquatorial Guinea higher

Equatorial Guinea's corporate tax rate is 25pp higher than Belize's (25% vs 0%). The 201-country average is 22.6%: Belize sits below it, Equatorial Guinea sits above it.

VAT

VAT, side by side
CountryRateSource
Belize12.5%Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31
Equatorial Guinea15%Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21
Difference−2.5 ppEquatorial Guinea higher

Equatorial Guinea's VAT rate is 2.5pp higher than Belize's (15% vs 12.5%). The 181-country average is 15%: Belize sits below it, Equatorial Guinea matches the world average. Belize's figure is dated 2011-12-31 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18
Equatorial Guinea0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-21
Difference0 ppdisplayed rates match

Belize's wealth tax rate is identical to Equatorial Guinea's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Belize's figure is dated 2026-07-18 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.