The Corporate Tax Rate in Guinea stands at 35 percent. source: Ministry of Economy and Finance

Corporate Tax Rate in Guinea is expected to reach 35.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Corporate Tax Rate is projected to trend around 35.00 percent in 2021, according to our econometric models.

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Guinea Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
35.00 35.00 35.00 35.00 2004 - 2020 percent Yearly

Guinea Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 35.00 35.00 35.00 35.00 percent [+]
Personal Income Tax Rate 40.00 40.00 40.00 40.00 percent [+]
Sales Tax Rate 18.00 18.00 20.00 18.00 percent [+]
Social Security Rate 23.00 23.00 23.00 23.00 percent [+]
Social Security Rate For Companies 18.00 18.00 18.00 18.00 percent [+]
Social Security Rate For Employees 5.00 5.00 5.00 5.00 percent [+]


Guinea Corporate Tax Rate
In Guinea, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Guinea.