The Social Security Rate For Companies in Guinea stands at 18 percent. source: National Social Security Fund

Social Security Rate For Companies in Guinea is expected to reach 18.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Social Security Rate For Companies is projected to trend around 18.00 percent in 2021, according to our econometric models.

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Guinea Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
18.00 18.00 18.00 18.00 2004 - 2020 percent Yearly

Guinea Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 35.00 35.00 35.00 35.00 percent [+]
Personal Income Tax Rate 40.00 40.00 40.00 40.00 percent [+]
Sales Tax Rate 14.00 18.00 20.00 14.00 percent [+]
Social Security Rate 23.00 23.00 23.00 23.00 percent [+]
Social Security Rate For Companies 18.00 18.00 18.00 18.00 percent [+]
Social Security Rate For Employees 5.00 5.00 5.00 5.00 percent [+]


Guinea Social Security Rate For Companies
In Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Guinea because they help to pay for many social programs including welfare, health care and many other benefits.