Information about Equatorial Guinea Minimum wage and taxes.

To give information about minimum wage and taxes in Equatorial Guinea, there is no minimum wage determined in the country. However, a minimum wage applies to those working in the public sector. The tax system in Equatorial Guinea is quite complex and different tax rates apply. There are various types of taxes such as income tax, corporate tax, value added tax. Income tax rates vary depending on income level. As income levels increase, tax rates also increase. Additionally, there are opportunities such as tax exemptions and tax deductions for foreigners. The corporate tax rate is generally applied as 35%. However, different rates may apply in some sectors. Value added tax is generally applied at 15%. However, different rates may apply for some goods and services. This information is general information and tax rates and practices may change from time to time. Therefore, it is important to consult official tax authorities or tax advisors for up-to-date information on tax matters.

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