Equatorial Guinea
Tools

Equatorial Guinea's tax system is administered by the Direction Generale des Impots (DGI) and applies a progressive personal income tax known as the Impot sur le Revenu des Personnes Physiques (IRPP) with rates from 0% to 35%, denominated in the Central African CFA Franc (XAF). As a CEMAC member state, Equatorial Guinea shares its currency with five other Central African nations. The country's oil and gas wealth has historically made it one of the highest per-capita income nations in Africa, though wealth distribution remains uneven. Employees contribute to the Instituto Nacional de Seguridad Social (INSESO) for social security, with contributions covering pensions, health insurance, and occupational risk benefits. The employee contribution rate is approximately 4.5% of gross salary, while employers contribute around 21.5%, making employer social charges among the highest in Central Africa. Equatorial Guinea applies VAT at a standard rate of 15% on most goods and services, with exemptions for essential goods including basic foodstuffs, medical products, and educational materials. The fiscal year follows the calendar year, and employers must withhold PAYE and remit it to the DGI within monthly filing deadlines. The country is unique in Africa as a Spanish-speaking nation with significant oil sector employment, where many contracts are denominated in both XAF and foreign currencies. AfroTools provides free DGI-compliant IRPP income tax calculators, INSESO contribution tools, VAT calculators, and salary breakdown tools for Equatorial Guinea. All tools are updated for the current tax year and available at no cost.