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Guyana vs Georgia
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇬🇾 Guyana
vs
🇬🇪 Georgia
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
28–40%
40% top; oil revenue transforming economy
No change
20%
Flat 20%; political pressure from EU candidacy reforms
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
14%
14% maintained
No change
18%
18% standard
No change

Corporate Tax Rate

Corporate Tax Rate
25–40%
25% non-oil; oil sector revenues dominant
No change
15%
15% distribution tax; Pillar Two considerations
No change

Capital Gains Tax

Capital Gains Tax
20%
20% CGT
No change
5–15%
5% dividend; capital gains as income
No change

Social Security & Payroll

Social Security / Payroll
~14%
NIS reform; oil wealth funding social expansion
No change
4%
Pension reform; mandatory system maturing
No change
State, Regional & Local Taxes

🇬🇾 GuyanaRegional & Municipal Taxes

Guyana's 10 administrative regions and municipalities levy property rates, market fees, and trade licences. Guyana has experienced a dramatic economic transformation since major offshore oil discoveries (Stabroek Block) began production in 2019. GDP growth rates have been among the world's highest (60%+ in 2022). The Natural Resource Fund manages oil revenues for long-term savings. A long-running border dispute with Venezuela over Essequibo affects regional stability but has not stopped oil development.

🇬🇪 GeorgiaMunicipal Taxes

Georgia's 64 municipalities (including Tbilisi) have limited independent taxing powers — income tax is nationally set. Municipalities levy property tax (gადასახადი qonebaze) at 0%–1% of market value for individuals and 1% for legal entities. Vehicle annual fees and land tax are also locally determined. Georgia has a simple and low-tax system — it introduced a flat 20% income tax in 2004 and has since maintained competitive rates. The Virtual Zone and Free Industrial Zone regimes offer significant corporate tax exemptions.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Guyana vs Georgia: Key Tax Differences (2026)

💰 Income Tax: 🇬🇾 Guyana has a higher top income tax rate (28–40% vs 20%). 🇬🇪 Georgia is more favourable for high earners.

🛒 VAT/Sales Tax: Georgia has a higher consumption tax (14% vs 18%).

🏢 Corporate Tax: 🇬🇪 Georgia offers a lower corporate rate (15% vs 40%), which can influence business location decisions.

📈 Capital Gains: 🇬🇪 Georgia taxes investment gains at a lower rate (15% vs 20%), benefiting investors.

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All 🇬🇾 Guyana comparisons →All 🇬🇪 Georgia comparisons →