Tax in Guinea

Who is the tax authority and where do filings live?

Guinea's Direction Nationale des Impots (DNI) under the Ministry of Economy and Finance administers Guinea's tax system [SC1]. Substantive law: Code General des Impots (CGI), Code Minier (Loi 2011-006 amended Loi 2013-053), Code des Investissements, OHADA framework, and successive Loi de Finances amendments. Guinea is an ECOWAS, WAFU, and AfCFTA member.

What is the tax year and when are returns due?

Individual tax year is the calendar year. IRPP withheld monthly. Corporate annual returns due 30 April for prior fiscal year [SC1]. TVA monthly returns. Provisional CIT through quarterly acomptes regime.

Who is a Guinean tax resident?

Under CGI, an individual is tax resident if (a) habitual residence in Guinea, (b) physically present 183+ days, OR (c) Guinea-source professional activity [SC2]. Residents taxed on worldwide income.

What are the personal income tax rates?

Progressive IRPP brackets: 0 percent up to GNF 1,000,000 monthly; ascending rates 5/10/15/20/30/40 percent ascending [SC1]. Top 40 percent above GNF 20,000,000 monthly. Personal allowance applies. Self-employment under separate framework.

How does Guinea's corporate tax work?

BIC 35 percent flat for resident companies [SC2]. Reduced 15 percent for mining-export sector under Code Minier. Petroleum sector under separate framework. Withholding on dividends to non-residents 10 percent. Pillar Two not transposed. Tax losses 5 years.

What about VAT?

TVA 18 percent under CGI [SC3]. Zero-rated on exports.

How are cryptoassets taxed?

BCRG advisory: cryptoassets restricted [SC2]. Where declared, gains under existing income-tax categories.

What is the treaty network and what are the audit triggers?

Guinea has approximately 5 active double tax treaties [SC4]. MLI not yet ratified. ECOWAS framework. Standard SOL 5 years; extended for fraud or for mining-sector matters.

What are the common penalties and pitfalls for foreigners?

Penalty framework: late filings, failure to file, incorrect declarations [SC5]. Common pitfalls: (1) bauxite and iron-ore concentration creates sector-specific compliance complexity — Simandou iron-ore project critical bilateral framework; (2) post-2021 governance-transition context affecting tax administration progressively; (3) Code Minier 2011-006 (amended 2013) framework progressively reformed; (4) Pillar Two not transposed; (5) very limited treaty network (5 DTCs); (6) MLI not yet ratified; (7) francophone tradition with OHADA framework; (8) ECOWAS member; (9) Loi de Finances annual amendments; (10) AfCFTA member; (11) GNF-denominated tax base with currency volatility affecting cross-border flows.