Gy Corporate Income Tax

---
name: gy-corporate-income-tax
description: "Source-cited draft: corporate income tax for Guyana (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review."
license: "AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)"
metadata:
  source: openaccountants
  openaccountants_url: "https://www.openaccountants.com/skills/gy-corporate-income-tax"
  jurisdiction: "GY"
  tax_year: "2025"
  last_updated: "2026-07-13"
---

# Guyana Corporate Income Tax

## Corporation tax rates and base

- **Commercial company rate** — 40% of chargeable profits (or 2% minimum corporation tax on turnover, whichever is higher) percent  _(Corporation Tax Act (Cap 81:03) — https://taxsummaries.pwc.com/guyana/corporate/taxes-on-corporate-income)_
- **Non-commercial company rate** — 25% of chargeable profits percent  _(Corporation Tax Act (Cap 81:03) — https://taxsummaries.pwc.com/guyana/corporate/taxes-on-corporate-income)_
- **Minimum corporation tax (MCT)** — 2% of turnover for commercial companies, payable where it exceeds the tax computed on chargeable profits percent  _(Corporation Tax Act (Cap 81:03) — https://taxsummaries.pwc.com/guyana/corporate/taxes-on-corporate-income)_
- **Telephone company rate** — 45% of chargeable profits percent ((approx — confirm))  _(Corporation Tax Act (Cap 81:03) — https://taxsummaries.pwc.com/guyana/corporate/taxes-on-corporate-income)_
- **Tax base** — Chargeable profits = accounting profit adjusted for tax (non-deductibles added back, capital allowances and exempt income removed)  _(Corporation Tax Act (Cap 81:03) — https://taxsummaries.pwc.com/guyana/corporate/income-determination)_
- **Capital gains** — 20% capital gains tax on net chargeable gains; gains on assets held under 12 months taxed as ordinary income at corporate rates percent  _(Capital Gains Tax Act (Cap 81:20) — https://taxsummaries.pwc.com/guyana/corporate/other-taxes)_
- **WHT on dividends to non-residents** — 20% (subject to reduction under a double taxation treaty) percent  _(Income Tax Act (Cap 81:01) — withholding provisions — https://taxsummaries.pwc.com/guyana/corporate/withholding-taxes)_
- **WHT on interest / royalties / management fees / rent to non-residents** — 20% final WHT on gross payments to non-residents percent  _(Income Tax Act (Cap 81:01) — withholding provisions — https://taxsummaries.pwc.com/guyana/corporate/withholding-taxes)_
- **WHT on local bank/savings interest** — 20% final withholding tax on interest from banks and financial institutions percent  _(Income Tax Act (Cap 81:01) — withholding provisions — https://taxsummaries.pwc.com/guyana/individual/income-determination)_
- **WHT return and remittance deadline** — Due by the 14th day of the month following the month of payment  _(Income Tax Act (Cap 81:01) — withholding provisions — https://taxsummaries.pwc.com/guyana/corporate/withholding-taxes)_
- **Corporation tax return & payment deadline** — 30 April following the income year; balance of tax payable by 30 April  _(Corporation Tax Act (Cap 81:03) — https://taxsummaries.pwc.com/guyana/corporate/tax-administration)_
- **Advance (quarterly) corporation tax** — Quarterly advance instalments on 1 April, 1 July, 1 October and 31 December; balance with the return by 30 April  _(Corporation Tax Act (Cap 81:03) — https://taxsummaries.pwc.com/guyana/corporate/tax-administration)_

## Today's figures and who stands behind this skill

This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call `get_skill` with slug `gy-corporate-income-tax` on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/gy-corporate-income-tax. If neither is available, confirm every figure against the official source pages cited above before relying on it.