Guinea-Bissau

Paying Taxes in

Guinea-Bissau

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Social security contributions 12 24 14.0% gross salaries 15.8
Corporate income tax 5 160 25.0% taxable profits 14.9
accident insurance 0 8.0% gross salaries 9
stamp duty on sales 12 0.3% sales 5.3
vehicle tax 2 various rates 0.4
property tax 1 Different rates depending on activity and location 0.4
tax on interest 0 15.0% interest 0.4 included in other taxes
advertising tax 1 XOF 100 per letter in ad 0.1
fuel tax 1 small amount
VAT 12 24 15.0% Value added not included
Totals: 46 208 45.9