CV · AfricaGQ · Africa

Cape Verde vs Equatorial Guinea: tax rates compared

Cape Verde has an income tax rate of 27.5%, 2.5pp above Equatorial Guinea's 25%. The 200-country average is 28%: both sit below it. Cape Verde's figure is dated 2026-05-29 and Equatorial Guinea's 2025-11-21, 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

0102030405060Income25%27.5%Corporate21.4%25%VAT15%Wealth Tax0%
four shared taxes, side by side
Tax CV GQDifference
Income Tax27.5%25%CV +2.5 pp
Corporate Tax21.4%25%GQ +3.6 pplargest gap
VAT15%15%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cape Verde27.5%Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Taxes on personal income) · as of 2026-05-29
Equatorial Guinea25%Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21
Difference+2.5 ppCape Verde higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cape Verde21.4%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−3.6 ppEquatorial Guinea higher

Equatorial Guinea has a corporate tax rate of 25%, 3.6pp above Cape Verde's 21.4%. The 201-country average is 22.6%: Cape Verde sits below it, Equatorial Guinea sits above it.

VAT

VAT, side by side
CountryRateSource
Cape Verde15%Source: PWC Worldwide Tax Summaries — Cabo Verde (Corporate, Other taxes) · as of 2026-05-29
Equatorial Guinea15%Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21
Difference0 ppdisplayed rates match

Cape Verde and Equatorial Guinea share the same VAT rate: 15%. The 181-country average is 15%: Cape Verde matches the world average, Equatorial Guinea matches the world average. Cape Verde's figure is dated 2026-05-29 and Equatorial Guinea's 2025-11-21, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cape Verde0%Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Other taxes) · 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

Cape Verde and Equatorial Guinea share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Cape Verde'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.