Guinea vs Saudi Arabia
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.
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.
๐ธ๐ฆ Saudi Arabia โ Zakat, Salam & Municipality Fees
Saudi Arabia has no local or regional income taxes on individuals โ the Kingdom operates as a unitary state for tax purposes. Municipalities (amanaat) collect fees for commercial licences, land use, and services. Zakat (Islamic wealth levy at 2.5% of Zakat base) applies to Saudi nationals and GCC citizens with business income, instead of income tax. Foreign companies pay CIT at 20%. The government levies municipality fees of 2.5% on commercial and residential rents. Vision 2030 is transforming the fiscal landscape.
Guinea vs Saudi Arabia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐ณ Guinea has a higher top income tax rate (0โ40% vs 0% / 20%). ๐ธ๐ฆ Saudi Arabia is more favourable for high earners.
๐ VAT/Sales Tax: Guinea has a higher consumption tax (18% vs 15%).
๐ข Corporate Tax: ๐ธ๐ฆ Saudi Arabia offers a lower corporate rate (20% vs 35%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐ฆ Saudi Arabia taxes investment gains at a lower rate (20% vs 35%), benefiting investors.