- Guinea-Bissau implemented VAT on January 1, 2025.
- The standard VAT rate is 19 percent.
- Reduced rates of 10 percent apply to essential goods and services.
- Exports are exempt from VAT.
- A simplified VAT scheme is available for small businesses.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.