GN · AfricaVN · Asia

Guinea vs Vietnam: tax rates compared

Between the two, Vietnam's income tax rate (35%) tops Guinea's (20%) by 15pp. The 200-country average is 28%: Guinea sits below it, Vietnam sits above it. Guinea's figure is dated 2022-01-01 and Vietnam's 2026-03-09, 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

0102030405060Income20%35%Corporate20%25%VAT10%18%Wealth Tax0%
four shared taxes, side by side
Tax GN VNDifference
Income Tax20%35%VN +15 pplargest gap
Corporate Tax25%20%GN +5 pp
VAT18%10%GN +8 pp
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
Vietnam35%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−15 ppVietnam higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guinea25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Vietnam20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppGuinea higher

Between the two, Guinea's corporate tax rate (25%) tops Vietnam's (20%) by 5pp. The 201-country average is 22.6%: Guinea sits above it, Vietnam 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
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference+8 ppGuinea higher

Between the two, Guinea's VAT rate (18%) tops Vietnam's (10%) by 8pp. The 181-country average is 15%: Guinea sits above it, Vietnam sits below it. Guinea's figure is dated 2023-01-28 and Vietnam's 2026-03-09, 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
Vietnam0%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09
Difference0 ppdisplayed rates match

There's no gap here — Guinea and Vietnam 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.