GE · AsiaGW · Africa

Georgia vs Guinea-Bissau: tax rates compared

Georgia's income tax rate is identical to Guinea-Bissau's — both sit at 20%. The 200-country average is 28%: both sit below it. Georgia's figure is dated 2026-04-01 and Guinea-Bissau's 2021-01-31, 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

0102030405060Income20%Corporate15%25%VAT18%19%Wealth Tax0%
four shared taxes, side by side
Tax GE GWDifference
Income Tax20%20%match
Corporate Tax15%25%GW +10 pplargest gap
VAT18%19%GW +1 pp
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Georgia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guinea-Bissau25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppGuinea-Bissau higher

Guinea-Bissau's corporate tax rate is 10pp higher than Georgia's (25% vs 15%). The 201-country average is 22.6%: Georgia sits below it, Guinea-Bissau sits above it.

VAT

VAT, side by side
CountryRateSource
Georgia18%Source: PWC Worldwide Tax Summaries — Georgia (Corporate, Other taxes) · as of 2026-01-21
Guinea-Bissau19%Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25
Difference−1 ppGuinea-Bissau higher

Guinea-Bissau's VAT rate is 1pp higher than Georgia's (19% vs 18%). The 181-country average is 15%: both sit above it. Georgia's figure is dated 2026-01-21 and Guinea-Bissau's 2022-02-25, so the two rates come from different data vintages.

Wealth Tax

Georgia's wealth tax rate is identical to Guinea-Bissau's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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