GW · AfricaSA · Asia

Guinea-Bissau vs Saudi Arabia: tax rates compared

Guinea-Bissau has an income tax rate of 20%, 20pp above Saudi Arabia's 0%. The 200-country average is 28%: both sit below it. Guinea-Bissau's figure is dated 2021-01-31 and Saudi Arabia's 2026-01-14, 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

0102030405060Income0%20%Corporate20%25%VAT15%19%Wealth Tax0%
four shared taxes, side by side
Tax GW SADifference
Income Tax20%0%GW +20 pplargest gap
Corporate Tax25%20%GW +5 pp
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
Saudi Arabia20%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 Saudi Arabia's 20%. The 201-country average is 22.6%: Guinea-Bissau sits above it, Saudi Arabia 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
Saudi Arabia15%Source: PWC Worldwide Tax Summaries — Saudi Arabia (Corporate, Other taxes) · as of 2020-07-01
Difference+4 ppGuinea-Bissau higher

Guinea-Bissau has a VAT rate of 19%, 4pp above Saudi Arabia's 15%. The 181-country average is 15%: Guinea-Bissau sits above it, Saudi Arabia matches the world average. Guinea-Bissau's figure is dated 2022-02-25 and Saudi Arabia's 2020-07-01, so the two rates come from different data vintages.

Wealth Tax

Guinea-Bissau and Saudi Arabia 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.