Americas · Tax guide
Guyana
Guyana's oil boom sits on a tax system with corporation tax at 25% for non-commercial companies and VAT at 14% once turnover passes G$15,000,000. Taxes are administered by the Guyana Revenue Authority (GRA).
At a glance
- Corporation tax
- 25%
- VAT
- 14%
- VAT registration
- G$15,000,000
- Withholding on payments abroad
- 20%
Non-commercial companies
Standard rate
Annual turnover
Before treaty relief
Corporation tax
Non-commercial companies pay 25%; commercial companies (trading goods) and telecoms pay higher rates. A minimum tax on turnover applies to commercial companies. Quarterly advances are paid and the return is due by 30 April. Oil producers are taxed under their production sharing agreements.
VAT
VAT is 14%. Registration is required once annual turnover exceeds G$15,000,000. Returns are filed monthly by the 21st.
Payments abroad
Payments to non-residents carry 20% withholding unless a treaty lowers it.
Key dates
- By the 21st of each monthVAT return
- QuarterlyCorporation tax advances
- 30 AprilAnnual corporation tax return
Figures and sources
4 figures- Corporate income tax rate25%Under professional review
- VAT rate14%Under professional review
- Annual turnover above which VAT registration is requiredG$15,000,000Under professional review
- Withholding on payments to non-residents20%Under professional review
Indicative only. This assessment is a high-level overview of tax obligations in Guyana based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Guyana (a Guyanese tax adviser) before making compliance decisions.