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Guinea vs Hong Kong: tax rates compared

Guinea's income tax rate is 3pp higher than Hong Kong's (20% vs 17%). The 200-country average is 28%: both sit below it. Guinea's figure is dated 2022-01-01 and Hong Kong's 2025-12-31, 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

0102030405060Income17%20%Corporate16.5%25%VAT0%18%Wealth Tax0%
four shared taxes, side by side
Tax GN HKDifference
Income Tax20%17%GN +3 pp
Corporate Tax25%16.5%GN +8.5 pp
VAT18%0%GN +18 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Guinea20%Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01
Hong Kong17%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31
Difference+3 ppGuinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Hong Kong16.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+8.5 ppGuinea higher

Guinea's corporate tax rate is 8.5pp higher than Hong Kong's (25% vs 16.5%). The 201-country average is 22.6%: Guinea sits above it, Hong Kong sits below it.

VAT

VAT, side by side
CountryRateSource
Guinea18%Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31
Difference+18 ppGuinea higher

Guinea's VAT rate is 18pp higher than Hong Kong's (18% vs 0%). The 181-country average is 15%: Guinea sits above it, Hong Kong sits below it. Guinea's figure is dated 2023-01-28 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guinea0%Source: Direction Générale des Impôts (DGI) Guinée — official site · as of 2026-07-18
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31
Difference0 ppdisplayed rates match

Guinea's wealth tax rate is identical to Hong Kong's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Guinea's figure is dated 2026-07-18 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.

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