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Equatorial Guinea

Taxpayers are required to keep all accounting items showing income and expenses for five years following the respective operations.

Accounting books must allow a precise determination of the following for each settlement period:

  • total amount of VAT that the taxpayer has passed on to its clients; and

  • total amount of VAT that suppliers have passed on to the taxpayer during the same settlement period, and total amount of VAT taxing imported goods.

Other indirect taxes

Special Duty Tax

A standard Special Duty Tax of 30% applies to an exhaustive list of products (mainly luxury goods) contained in Annexure 3 of the Tax Code.

However, contradicting the preceding rule, both the Tax Code and CEMAC provisions apply special rates to the list of products such as:

  • sparkling wine or champagne – 20% (Special Duties); 15% (CEMAC duties);

Physical address

Postal address

Villa Carmina 67 Calle Acacio Mane

Apdo 431 MALABO

PwC contact person

Designation

Sébastien Lechene François Münzer

Senior manager in charge Senior consultant

Contact details – PricewaterhouseCoopers, Equatorial Guinea

50

PricewaterhouseCoopers

  • cigars, cigarettes and tobacco – 50% (Special Duties); 25% (CEMAC duties); and

  • photographic devices with automatic flashes – 25% (Special Duties).

Import duty

An import duty (ranging from 5% to 30%) is applied to the price paid.

Telephone numbers

Tel:

+240 09 14 34

Mobile: +240 27 38 41

Fax:

+240 09 09 10

Contact details

sebastien.lechene@ga.pwc.com francois.munzer@ga.pwc.com

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