GW · AfricaST · Africa

Guinea-Bissau vs São Tomé and Príncipe: tax rates compared

Between the two, São Tomé and Príncipe's income tax rate (25%) tops Guinea-Bissau's (20%) by 5pp. The 200-country average is 28%: both sit below it. Guinea-Bissau's figure is dated 2021-01-31 and São Tomé and Príncipe's 2009-10-08, so the two rates come from different data vintages.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%25%Corporate25%VAT15%19%
three shared taxes, side by side
Tax GW STDifference
Income Tax20%25%ST +5 pplargest gap
Corporate Tax25%25%match
VAT19%15%GW +4 pp

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea-Bissau25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
São Tomé and Príncipe25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Guinea-Bissau and São Tomé and Príncipe both post a corporate tax rate of 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
São Tomé and Príncipe15%Source: Ministério do Planeamento, Finanças e Economia Azul (São Tomé e Príncipe) — Manual do IVA 2023 · as of 2023-06-01
Difference+4 ppGuinea-Bissau higher

Between the two, Guinea-Bissau's VAT rate (19%) tops São Tomé and Príncipe's (15%) by 4pp. The 181-country average is 15%: Guinea-Bissau sits above it, São Tomé and Príncipe matches the world average. Guinea-Bissau's figure is dated 2022-02-25 and São Tomé and Príncipe's 2023-06-01, so the two rates come from different data vintages.

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