Equatorial Guinea

Individual - Taxes on personal income

Last reviewed - 02 August 2023

Residents are taxed on worldwide income, whereas non-residents are only taxed on their Equatorial Guinea-source income.

Personal income tax rates

Individuals are subject to personal income tax (PIT) at the following rates.

Yearly taxable income (XAF*) Tax rate (%)
Over Not over
0 1,000,000 0
1,000,000 3,000,000 10
3,000,000 5,000,000 15
5,000,000 10,000,000 20
10,000,000 15,000,000 25
15,000,000 20,000,000 30
20,000,000 and above 35

* Central African CFA francs