GUINEE

INFORMATION DATA SHEET
(Actually based on the year 2007 estimates)

Geography
Official language: French
Other key languages: Fulani, Kissi, Malinké,Susu, Kpelle
Major religious groups: Muslim, Christian, Etnic
Capital: Conakry
Population: 9.4 m
Land area: 245,857 km²
Population density (people/km²): 38.2

Key economic data
GDP: US$ 3.3 bn
GDP per capita: US$ 351
PPP GDP per capita: n/a
Average Real GDP: growth 2000-06 2.9%
Currency: Guinea Franc
Key exports: Bauxite, alumina, gold, diamonds
Key imports: Food products, petroleum, capital goods 65

Guinea has tourist facilities to prove it touristic richess with a friendly destination for budget travellers looking for a West African holiday. Democracy's been around for about a decade, but prospects remain dim.
Fouta Djalon is Guinea's nicest area, with rolling hills and tall peaks making for some fine pictures moments. There are of excellent beaches. The West Africa's largest market operates in Guine.

Important Cities
· Conakry : The capital
· Kankan
· Kindia
· Mamou
· Nzérékoré
· Kissidougou
· Faranah

GUINEA

Safari:
The park has a wide range of animal life and plant life that are protected in the area that include Chimpanzees, several big cats, duikers and many types of viviparous toads. No tourism is allowed in that park. It is possible to see the reserve from a distance.
The park provides protection for forest and savannah areas. The Mafou Forest is a dry forest, which the park covers and is an interesting area. This is one of the few dry forests left in West Africa. It is possible to spot Giant Pangolins, Chimpanzees, Gambian Mongooses, Kob and Spot-necked Otters. Lions have also been recently scene in the park.
The Iles de Los are a group of islands off the coast of the capital of Conakry . These islands offer great places to explore and relax. There are several beaches to spend time on along the coast and forested interiors to explore by foot.

Individuals:
• Fiscal year end: 31 December
• Individual marginal tax rate (maximum): 40%
• Basis of taxation Source-based: Residence based

Withholding tax:
• Interest: 15%
• Dividends: 15%
• Royalties: 10%
Exchange controls: Exist
Double tax treaties: Exist
Capital gains tax: 15% on gains from the transfer of real estate (after a deduction of 10% on the amount of gain)

                                      Tax indicators

Companies:
• Company tax: Resident companies 35%
• Company tax: Non-resident companies 10%
• Secondary Tax on Companies (STC): n/a
• General sales tax: n/a
• Value-added tax: 18%

© 2008 - Allied African Nations Chamber of Commerce. All rights reserved.


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