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Guinea-Bissau

Tax rates

0102030405060World avg (corporate) 22.6%Wealth Tax 0%VAT 19%Income 20%Corporate 25%

No verified data yet for: Capital Gains Tax, Crypto Tax.

Estimate your income tax

Enter a gross annual salary to estimate 2021 national income tax for Guinea-Bissau using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.

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Brackets, notes & in practice

Income Tax

Thresholds in XOF
ThresholdRate
XOF 01%
XOF 500,0166%
XOF 1,000,0088%
XOF 2,500,00810%
XOF 3,600,01212%
XOF 4,806,01214%
XOF 9,000,01216%
XOF 13,200,01218%
XOF 18,000,00120%
Source: Ministério das Finanças (Guiné-Bissau) — Código do Imposto Profissional, Artigo 27º (Redação atribuída pelo artigo 10º da Lei nº 1/2021), via Kontaktu legislation portal · as of 2021-01-31

This is the schedule for employees (trabalhadores por conta de outrem). Self-employed workers and holders of copyright income are taxed under a separate, higher schedule reaching 25% above XOF 9,999,996 of annual income.

Guinea-Bissau's Imposto Profissional (Professional Tax) is the country's tax on income from work, covering employees, service contracts, and self-employed liberal professions. Employees ("trabalhadores por conta de outrem") are taxed on a progressive schedule topping out at 20% above XOF 18,000,000 of annual income; a separate, higher schedule applies to self-employed workers and holders of copyright income, topping at 25%.

VAT

Guinea-Bissau introduced a value-added tax (IVA) under Law No. 4/2022. The standard rate is 19%, with a 10% reduced rate for certain supplies and a 0% rate for exports.

In practice

Filing

Guinea-Bissau's VAT Code (Lei nº 4/2022) applies the normal VAT regime, with monthly returns due by the 15th of the following month, to taxpayers whose turnover reaches FCFA 40,000,000 in the previous year; a simplified regime covers turnover between FCFA 10,000,000 and 40,000,000, and taxpayers below FCFA 10,000,000 are exempt from VAT altogether.

Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25
Exemptions

Guinea-Bissau's VAT Code exempts a list of domestic operations under its Título II, including healthcare and medical services, school and university education, financial and insurance operations, domestic gas, and housing-related real estate transactions; exports of goods and related supplies to ships and aircraft in international traffic are separately exempted.

Source: Ministério das Finanças (Guiné-Bissau) — Lei nº 4/2022 (Código do IVA), via Kontaktu legislation portal · as of 2022-02-25

Wealth Tax

No net wealth or patrimony tax is identified in Guinea-Bissau's tax framework. An official DGCI (Direção Geral das Contribuições e Impostos) document lists Imposto Profissional, Imposto de Capital, Imposto de Democracia, and Imposto de Selo (stamp duty), with no wealth or net-worth tax among them; the DGCI website separately confirms IRPS (personal income tax) and IRPC (corporate income tax) as the income-tax structure. This document covers withholding-tax returns rather than Guinea-Bissau's complete tax code, so the absence is suggestive rather than a comprehensive guarantee.