GN · AfricaMK · Europe

Guinea vs North Macedonia: tax rates compared

Guinea has an income tax rate of 20%, 10pp above North Macedonia's 10%. The 200-country average is 28%: both sit below it. Guinea's figure is dated 2022-01-01 and North Macedonia's 2023-01-01, 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

0102030405060Income10%20%Corporate10%25%VAT18%Wealth Tax0%
four shared taxes, side by side
Tax GN MKDifference
Income Tax20%10%GN +10 pp
Corporate Tax25%10%GN +15 pplargest gap
VAT18%18%match
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
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Difference+10 ppGuinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppGuinea higher

Guinea has a corporate tax rate of 25%, 15pp above North Macedonia's 10%. The 201-country average is 22.6%: Guinea sits above it, North Macedonia 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
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Difference0 ppdisplayed rates match

Guinea and North Macedonia share the same VAT rate: 18%. The 181-country average is 15%: both sit above it. Guinea's figure is dated 2023-01-28 and North Macedonia's 2026-07-23, 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
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Difference0 ppdisplayed rates match

Guinea and North Macedonia 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.