GW · AfricaIN · Asia

Guinea-Bissau vs India: tax rates compared

India's income tax rate is 10pp higher than Guinea-Bissau's (30% vs 20%). The 200-country average is 28%: Guinea-Bissau sits below it, India sits above it. Guinea-Bissau's figure is dated 2021-01-31 and India's 2026-05-12, 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%30%Corporate25%30%VAT18%19%Wealth Tax0%
four shared taxes, side by side
Tax GW INDifference
Income Tax20%30%IN +10 pplargest gap
Corporate Tax25%30%IN +5 pp
VAT19%18%GW +1 pp
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea-Bissau25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
India30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppIndia higher

India's corporate tax rate is 5pp higher than Guinea-Bissau's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Guinea-Bissau19%Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25
India18%Source: PWC Worldwide Tax Summaries — India (Corporate, Other taxes) · as of 2026-05-11
Difference+1 ppGuinea-Bissau higher

Guinea-Bissau's VAT rate is 1pp higher than India's (19% vs 18%). The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and India's 2026-05-11, so the two rates come from different data vintages.

Wealth Tax

Guinea-Bissau's wealth tax rate is identical to India'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.