Guinea Corporate Income Tax

Corporate income tax (Impôt sur les Sociétés)

Guinea taxes company profits under the Impôt sur les Sociétés (IS), with the base derived from OHADA/SYSCOHADA financial statements. A minimum tax applies where the IS computed on profit is low. Figures are a source-cited draft for accountant review.

• Standard corporate income tax rate — 25% percent (Code Général des Impôts (CGI) — Impôt sur les Sociétés (IS); Loi de Finances 2018)
• Corporate income tax rate — mining companies — 30% percent (approx — confirm) (Code Minier de la République de Guinée (Mining Code))
• Minimum tax (Impôt Minimum Forfaitaire) — 3% of annual turnover, payable where it exceeds the IS computed on profits percent (approx — confirm) (Code Général des Impôts (CGI) — Impôt Minimum Forfaitaire (IMF))
• Tax base — Net accounting profit per OHADA/SYSCOHADA accounts, adjusted for non-deductible items and tax rules (OHADA Uniform Act on Accounting Law (SYSCOHADA); Code Général des Impôts (CGI))
• Withholding tax on dividends — 10% percent (before treaty relief) (Code Général des Impôts (CGI) — retenue à la source)
• Withholding tax on interest — 10% percent (before treaty relief) (Code Général des Impôts (CGI) — retenue à la source)
• Withholding tax on royalties (to non-residents) — 15% percent (before treaty relief) (Code Général des Impôts (CGI) — retenue à la source)
• Capital gains — Generally taxed as ordinary corporate income; standalone rate around 15% cited for certain gains percent (approx — confirm) (Code Général des Impôts (CGI) de Guinée)
• Annual IS return filing deadline — By 30 April of the year following the financial year (annual declaration) (approx — confirm) (Code Général des Impôts (CGI) de Guinée)
• Payment of corporate tax — Advance installments during the year with balance on filing the annual return (approx — confirm) (Code Général des Impôts (CGI) de Guinée)