GW · AfricaLA · Asia

Guinea-Bissau vs Laos: tax rates compared

Laos has an income tax rate of 25%, 5pp above Guinea-Bissau's 20%. The 200-country average is 28%: both sit below it. Guinea-Bissau's figure is dated 2021-01-31 and Laos's 2026-02-06, 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%25%Corporate20%25%VAT10%19%Wealth Tax0%
four shared taxes, side by side
Tax GW LADifference
Income Tax20%25%LA +5 pp
Corporate Tax25%20%GW +5 pp
VAT19%10%GW +9 pplargest gap
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
Laos20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppGuinea-Bissau higher

Guinea-Bissau has a corporate tax rate of 25%, 5pp above Laos's 20%. The 201-country average is 22.6%: Guinea-Bissau sits above it, Laos sits below 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
Laos10%Source: PWC Worldwide Tax Summaries — Lao PDR (Corporate, Other taxes) · as of 2026-02-06
Difference+9 ppGuinea-Bissau higher

Guinea-Bissau has a VAT rate of 19%, 9pp above Laos's 10%. The 181-country average is 15%: Guinea-Bissau sits above it, Laos sits below it. Guinea-Bissau's figure is dated 2022-02-25 and Laos's 2026-02-06, so the two rates come from different data vintages.

Wealth Tax

Guinea-Bissau and Laos share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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