BZ · AmericasGN · Africa
Belize vs Guinea: tax rates compared
Between the two, Belize's income tax rate (25%) tops Guinea's (20%) by 5pp. The 200-country average is 28%: both sit below it. Belize's figure is dated 2025-01-01 and Guinea's 2022-01-01, so the two rates come from different data vintages.
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
| Tax | BZ | GN | Difference |
|---|---|---|---|
| Income Tax | 25% | 20% | BZ +5 pp |
| Corporate Tax | 0% | 25% | GN +25 pplargest gap |
| VAT | 12.5% | 18% | GN +5.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 25% | Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01 |
| Guinea | 20% | Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01 |
| Difference | +5 pp | Belize higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −25 pp | Guinea higher |
Between the two, Guinea's corporate tax rate (25%) tops Belize's (0%) by 25pp. The 201-country average is 22.6%: Belize sits below it, Guinea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belize | 12.5% | Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31 |
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| Difference | −5.5 pp | Guinea higher |
Between the two, Guinea's VAT rate (18%) tops Belize's (12.5%) by 5.5pp. The 181-country average is 15%: Belize sits below it, Guinea sits above it. Belize's figure is dated 2011-12-31 and Guinea's 2023-01-28, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18 |
| Guinea | 0% | Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Belize and Guinea both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.