Barbados or Guinea-Bissau: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Barbados and Guinea-Bissau weigh about the same on the taxpayer.

Tax Barbados Guinea-Bissau Gap
Corporate income tax headline rate 9% 25% −16.0 points
Personal income tax top bracket 12.5% to 28.5% 1% to 12% +16.5 points
VAT standard rate 17.5% 15% +2.5 points

Detailed schedules

Corporate income tax

Barbados

General regime since 2024 9%
Multinational groups revenue over 750 M€ 15%

Guinea-Bissau

n/a

See the Barbados page See the Guinea-Bissau page