Guinea vs Saint Lucia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐ณ Guinea โ Guinea Tax System
Guinea has progressive income tax up to 40%. TVA (VAT) is 18%. The country holds the world's largest bauxite reserves and significant iron ore deposits, making mining-sector tax revenue critical. Following the September 2021 coup, the junta government (CNRD) has focused on renegotiating mining contracts to increase state revenue. Tax administration is being reformed with IMF support.
๐ฑ๐จ Saint Lucia โ Saint Lucia Tax System
Saint Lucia levies personal income tax at a flat 30% above a generous personal allowance. There is no capital gains tax. The Citizenship by Investment programme (since 2015) provides an alternative path to residency. VAT at 12.5% was introduced in 2012. Tourism and offshore banking are major sectors.
Guinea vs Saint Lucia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐ณ Guinea has a higher top income tax rate (0โ40% vs 0โ30%). ๐ฑ๐จ Saint Lucia is more favourable for high earners.
๐ VAT/Sales Tax: Guinea has a higher consumption tax (18% vs 12.5%).
๐ข Corporate Tax: ๐ฑ๐จ Saint Lucia offers a lower corporate rate (30% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ฑ๐จ Saint Lucia taxes investment gains at a lower rate (0% vs 35%), benefiting investors.