GW · AfricaVC · Americas

Guinea-Bissau vs Saint Vincent and the Grenadines: tax rates compared

Between the two, Saint Vincent and the Grenadines's income tax rate (28%) tops Guinea-Bissau's (20%) by 8pp. The 200-country average is 28%: Guinea-Bissau sits below it, Saint Vincent and the Grenadines matches the world average. Guinea-Bissau's figure is dated 2021-01-31 and Saint Vincent and the Grenadines's 2024-01-01, 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%28%Corporate25%28%VAT16%19%Wealth Tax0%
four shared taxes, side by side
Tax GW VCDifference
Income Tax20%28%VC +8 pplargest gap
Corporate Tax25%28%VC +3 pp
VAT19%16%GW +3 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guinea-Bissau20%Source: Ministério das Finanças (Guiné-Bissau) — Código do Imposto Profissional, Artigo 27º (Redação atribuída pelo artigo 10º da Lei nº 1/2021), via Kontaktu legislation portal · as of 2021-01-31
Saint Vincent and the Grenadines28%Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01
Difference−8 ppSaint Vincent and the Grenadines higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea-Bissau25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Saint Vincent and the Grenadines28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppSaint Vincent and the Grenadines higher

Between the two, Saint Vincent and the Grenadines's corporate tax rate (28%) tops Guinea-Bissau's (25%) by 3pp. 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
Saint Vincent and the Grenadines16%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01
Difference+3 ppGuinea-Bissau higher

Between the two, Guinea-Bissau's VAT rate (19%) tops Saint Vincent and the Grenadines's (16%) by 3pp. The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and Saint Vincent and the Grenadines's 2026-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guinea-Bissau0%Source: Direção Geral das Contribuições e Impostos (DGCI) Guiné-Bissau — official withholding-tax return instructions (Instrução de Serviço, DGCI/2021), hosted on the Ministério das Finanças domain · as of 2026-07-18
Saint Vincent and the Grenadines0%Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Guinea-Bissau and Saint Vincent and the Grenadines both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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