GN · AfricaST · Africa
Guinea vs São Tomé and Príncipe: tax rates compared
São Tomé and Príncipe has an income tax rate of 25%, 5pp above Guinea's 20%. The 200-country average is 28%: both sit below it. Guinea's figure is dated 2022-01-01 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
| Tax | GN | ST | Difference |
|---|---|---|---|
| Income Tax | 20% | 25% | ST +5 pplargest gap |
| Corporate Tax | 25% | 25% | match |
| VAT | 18% | 15% | GN +3 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Guinea | 20% | Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01 |
| São Tomé and Príncipe | 25% | Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Art. 66 · as of 2009-10-08 |
| Difference | −5 pp | São Tomé and Príncipe higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guinea | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| São Tomé and Príncipe | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Guinea and São Tomé and Príncipe share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guinea | 18% | Source: PwC — VAT and Indirect Taxes in Africa 2023, Guinea · as of 2023-01-28 |
| São Tomé and Príncipe | 15% | Source: Ministério do Planeamento, Finanças e Economia Azul (São Tomé e Príncipe) — Manual do IVA 2023 · as of 2023-06-01 |
| Difference | +3 pp | Guinea higher |
Guinea has a VAT rate of 18%, 3pp above São Tomé and Príncipe's 15%. The 181-country average is 15%: Guinea sits above it, São Tomé and Príncipe matches the world average.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax, Wealth Tax.