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Guinea

Tax rates

0102030405060World avg (corporate) 22.6%Wealth Tax 0%VAT 18%Income 20%Corporate 25%

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Estimate your income tax on a salary with the income tax calculator.

Brackets, notes & in practice

Income Tax

Thresholds in GNF
ThresholdRate
GNF 00%
GNF 1,000,0015%
GNF 3,000,0018%
GNF 5,000,00110%
GNF 10,000,00115%
GNF 20,000,00120%
Source: Guinea Code Général des Impôts (Loi ordinaire L/2021/032/AN), Direction Générale des Impôts, Articles 63-64 · as of 2022-01-01

Guinea's schedule taxes monthly income under the Impôt sur les Traitements et Salaires; the thresholds above are stated on a monthly basis, not annual.

Guinea taxes salaries and wages under a separate schedular tax (Impôt sur les Traitements et Salaires), withheld at source as a final tax, with a progressive scale topping out at 20% on monthly income above GNF 20,000,000.

VAT

VAT has applied in Guinea since 1996 under the General Tax Code, at a standard rate of 18%.

In practice

Filing

Guinea's VAT registration threshold is annual turnover of GNF 1 billion or more; below that, a taxable person may voluntarily register, with tax-office authorization, once turnover or investment for the current fiscal year reaches GNF 500 million. VAT returns are filed monthly.

Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Guinea · as of 2026-01-01
Exemptions

Exports, international transport, and certain aircraft and vessel operations in international traffic are zero-rated. Exempt supplies include financial and insurance activities, transfers of real property, foodstuffs such as rice, wheat, bread, and cooking oils, pharmaceutical products, books and school supplies, healthcare and hospitalization, and school or university teaching.

Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Guinea · as of 2026-01-01

Wealth Tax

No net wealth tax is identified in Guinea's tax framework. Guinea's official tax-authority site lists eight taxes administered — Contribution des Patentes et des Licences, Taxe Unique sur les Véhicules à Moteurs, Impôt sur les Sociétés, Taxe sur la Valeur Ajoutée, Contribution Foncière Unique (property tax), Revenu sur les Loyers, Retenue sur les Traitements et Salaires, and Impôt Minimum Forfaitaire — with no wealth tax among them.