Expatriate tax ebook - Guinea

Facts and figures

Pre arrival procedures
Employment visas
Tax year
Tax returns and compliance
Tax rates
Sample income tax calculation

Pre arrival procedures
The employees of non nationals are required to apply for work permit within the National Office of Employment prior to the employee taking up an employment in Guinea.

It is therefore important that the expatriates employment contract and benefit package is structured in a tax efficient manner before the contract is submitted to the National Office on Employment.

Employment visas
Under the work permit procedure, the employer is required to apply for the visa. National Authorities are supposed to give response within 30 days maximum. Otherwise, the visa is supposed to be automatically granted.

Tax year
The Guinean tax year runs from 1st January to 31st December.

Tax returns and compliance

The Guinean resident for tax purposes must file their tax return before end of April.

Payment of the Guinean Tax

The Guinean tax is paid in a basis of withholding on the monthly wages. Individuals are required to submit their annual revenue declaration by the end of April at the latest. The revenue taxes for the year N are based on the revenue earned during the previous year.

Tax rates

What are the income tax rates in your country? Progressive Income Tax Rates for the 2011 Income

The total amount of tax revenues due by individuals are the result of the following rates by portion.

Information about Guinea:

• introduction
• facts and figures
• basis of taxation
• what taxes?
• tax planning opportunities