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Guinea-Bissau Introduces New VAT Regime, Thresholds, and Simplified Option for Taxpayers

  • Guinea-Bissau implemented a new VAT regime on 1 January 2025
  • Replaced the previous General Sales Tax regime
  • Taxpayers must register for VAT if taxable supplies exceed XOF 10 million in 12 months
  • Taxpayers with supplies between XOF 10 million and XOF 40 million can choose a simplified VAT regime

Source: orbitax.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.

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