GW · AfricaUA · Europe

Guinea-Bissau vs Ukraine: tax rates compared

Between the two, Guinea-Bissau's income tax rate (20%) tops Ukraine's (18%) by 2pp. The 200-country average is 28%: both sit below it. Guinea-Bissau's figure is dated 2021-01-31 and Ukraine's 2026-06-30, 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

0102030405060Income18%20%Corporate18%25%VAT19%20%Wealth Tax0%
four shared taxes, side by side
Tax GW UADifference
Income Tax20%18%GW +2 pp
Corporate Tax25%18%GW +7 pplargest gap
VAT19%20%UA +1 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
Ukraine18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+7 ppGuinea-Bissau higher

Between the two, Guinea-Bissau's corporate tax rate (25%) tops Ukraine's (18%) by 7pp. The 201-country average is 22.6%: Guinea-Bissau sits above it, Ukraine 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
Ukraine20%Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30
Difference−1 ppUkraine higher

Between the two, Ukraine's VAT rate (20%) tops Guinea-Bissau's (19%) by 1pp. The 181-country average is 15%: both sit above it. Guinea-Bissau's figure is dated 2022-02-25 and Ukraine's 2026-06-30, so the two rates come from different data vintages.

Wealth Tax

There's no gap here — Guinea-Bissau and Ukraine 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.