Guinea-Bissau Tax Overview

Tax system at a glance

Guinea-Bissau is a WAEMU/UEMOA member state that uses the West African CFA franc and broadly follows the Lusophone/WAEMU tax framework. The tax year is the calendar year and the tax authority is the Direction Générale des Contributions et Impôts (DGCI).

• Standard tax (fiscal) year — 1 January – 31 December (approx — confirm) (Código Geral Tributário (General Tax Code) — https://taxatlas.io/country/guinea-bissau)
• Official currency — West African CFA franc (XOF / FCFA) (WAEMU/UEMOA monetary union framework (BCEAO) — https://taxatlas.io/country/guinea-bissau)
• National tax authority — Direction Générale des Contributions et Impôts (DGCI) (Ministério das Finanças — DGCI mandate — https://taxatlas.io/country/guinea-bissau)
• Basis of taxation for residents — Residents taxed on worldwide income; non-residents taxed on Guinea-Bissau-source income only (approx — confirm) (Imposto sobre o Rendimento das Pessoas Singulares (IRPS) statute)
• Top marginal personal income tax (IRPS) rate — 20 percent (Imposto sobre o Rendimento das Pessoas Singulares (IRPS) statute — https://taxatlas.io/country/guinea-bissau)
• Standard corporate income tax rate — 25 percent (Imposto sobre o Rendimento das Pessoas Colectivas (IRPC) / Contribuição Industrial statute)
• Does Guinea-Bissau have VAT? — Yes — VAT (IVA) was introduced effective 1 January 2025, replacing the former 19% general sales tax (Imposto Geral sobre Vendas e Serviços) (Código do Imposto sobre o Valor Acrescentado (IVA) — https://www.vatupdate.com/2025/01/16/guinea-bissau-introduction-of-the-vat-regime/)
• Standard VAT (IVA) rate — 19 percent (Código do Imposto sobre o Valor Acrescentado (IVA) — https://www.vatupdate.com/2025/01/16/guinea-bissau-introduction-of-the-vat-regime/)
• Main annual income-tax filing deadline — 31 March of the year following the tax year (approx — confirm) (Código Geral Tributário (General Tax Code) — https://taxatlas.io/country/guinea-bissau)
• Regional tax/economic bloc — Member of WAEMU/UEMOA and ECOWAS; tax framework influenced by WAEMU harmonization directives (WAEMU/UEMOA tax harmonization directives)
• Taxpayer identification requirement — A NIF (Número de Identificação Fiscal) is required for all formal economic activity, payroll remittance and bank accounts (DGCI taxpayer registration rules (NIF) — https://remotesolutionsafrica.com/payroll-compliance-in-guinea-bissau-understanding-iur-irps-inps-and-nif-requirements/)