Equatorial Guinea vs Lesotho
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐ถ Equatorial Guinea โ Equatorial Guinea Tax System
Equatorial Guinea has progressive income tax up to 35%. VAT is 15%. The country became sub-Saharan Africa's third-largest oil producer after 1995 oil discoveries, making it one of the wealthiest by GDP per capita โ but extreme inequality means most citizens remain poor. The Obiang family has ruled since 1979. Oil revenue is declining; diversification efforts continue.
๐ฑ๐ธ Lesotho โ Lesotho Tax System
Lesotho is a landlocked enclave within South Africa with progressive income tax up to 35%. VAT is 15%. The country's economy is closely tied to South Africa โ customs revenues from SACU (Southern African Customs Union) provide a major share of government income. Textile exports (especially to the US under AGOA) and diamond mining are key sectors. Water royalties from the Lesotho Highlands Water Project also contribute.
Equatorial Guinea vs Lesotho: Key Tax Differences (2026)
๐ฐ Income Tax: Equatorial Guinea and Lesotho have similar top income tax rates (0โ35% vs 0โ35%).
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
๐ข Corporate Tax: ๐ฑ๐ธ Lesotho offers a lower corporate rate (25% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ฑ๐ธ Lesotho taxes investment gains at a lower rate (25% vs 35%), benefiting investors.