GQ · AfricaSG · Asia
Equatorial Guinea vs Singapore: tax rates compared
Equatorial Guinea has an income tax rate of 25%, 1pp above Singapore's 24%. The 200-country average is 28%: both sit below it. Equatorial Guinea's figure is dated 2025-11-21 and Singapore's 2026-04-27, 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 | GQ | SG | Difference |
|---|---|---|---|
| Income Tax | 25% | 24% | GQ +1 pp |
| Corporate Tax | 25% | 17% | GQ +8 pplargest gap |
| VAT | 15% | 9% | GQ +6 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 25% | Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | +1 pp | Equatorial Guinea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Singapore | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +8 pp | Equatorial Guinea higher |
Equatorial Guinea has a corporate tax rate of 25%, 8pp above Singapore's 17%. The 201-country average is 22.6%: Equatorial Guinea sits above it, Singapore sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 15% | Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | +6 pp | Equatorial Guinea higher |
Equatorial Guinea has a VAT rate of 15%, 6pp above Singapore's 9%. The 181-country average is 15%: Equatorial Guinea matches the world average, Singapore sits below it. Equatorial Guinea's figure is dated 2025-11-21 and Singapore's 2026-07-02, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-21 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Equatorial Guinea and Singapore share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Equatorial Guinea's figure is dated 2025-11-21 and Singapore's 2026-07-02, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.