GW · AfricaLS · Africa

Guinea-Bissau vs Lesotho: tax rates compared

Lesotho'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, Lesotho sits above it. Guinea-Bissau's figure is dated 2021-01-31 and Lesotho's 2026-07-20, 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%VAT15%19%Wealth Tax0%
four shared taxes, side by side
Tax GW LSDifference
Income Tax20%30%LS +10 pplargest gap
Corporate Tax25%25%match
VAT19%15%GW +4 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
Lesotho25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Guinea-Bissau's corporate tax rate is identical to Lesotho's — both sit at 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
Lesotho15%Source: PwC — VAT and Indirect Taxes in Africa 2023, Lesotho · as of 2023-01-26
Difference+4 ppGuinea-Bissau higher

Guinea-Bissau's VAT rate is 4pp higher than Lesotho's (19% vs 15%). The 181-country average is 15%: Guinea-Bissau sits above it, Lesotho matches the world average. Guinea-Bissau's figure is dated 2022-02-25 and Lesotho's 2023-01-26, so the two rates come from different data vintages.

Wealth Tax

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