Guinea Rental Income Guide 2026

Overview — Rental Income Tax in Guinea

Rental income from letting or leasing of immovable property (land and buildings) is chargeable to income tax in Guinea. For individual landlords, rental income is added to other income and taxed under the progressive IIT rates (0–40%). For corporate landlords, rental income is included in taxable profits and taxed at the applicable CIT rate (35% standard, 25% industrial, 10% agricultural). The gross rental income is subject to tax, with deductions allowed for expenses incurred in earning the rental income. Landlords must declare rental income in their annual tax return. There may also be a requirement to register lease agreements with DGI and pay registration duty on the lease.

Taxation of Rental Income

Rental income is treated as property income (revenus fonciers) under the General Tax Code. Key features include:

• Rental income is aggregated with other income and taxed at progressive IIT rates (0–40%)
• Individuals benefit from the GNF 10,000,000 tax-free threshold
• Corporate landlords are taxed at CIT rates
• Rental income must be declared in the annual tax return by 30 April
• Lease agreements may be subject to registration duty

Allowable Deductions

Landlords may deduct expenses incurred wholly and exclusively for earning rental income. Deductible expenses include:

• Repairs & maintenance — not capital improvements
• Property management fees — paid to licensed agents
• Insurance premiums — building and fire insurance
• Interest on loans — mortgage interest for acquisition or improvement
• Property taxes — local property taxes paid
• Agency & legal fees — for tenant acquisition and lease agreements
• Depreciation — tax depreciation on the building

To claim deductions, the landlord must maintain proper records and receipts. Capital improvements are not deductible as expenses but may be added to the cost base for future disposal calculations.

Lease Registration Duty

Written lease agreements in Guinea may be subject to registration duty. The duty is typically a percentage of the annual rent or a fixed amount depending on the lease term. Registration of the lease provides legal certainty and is often required for enforcement purposes. The registration duty is payable by the landlord or as agreed between the parties. Leases of commercial property are more commonly registered than residential leases.

FAQs

Do I need to declare rental income if my tenant pays cash?

Yes, all rental income must be declared regardless of the payment method. Failure to declare rental income is tax evasion and attracts penalties including back taxes, fines, and potential prosecution.

What if I rent my property through an agency?

The rental income remains taxable in your hands. The agency may issue statements, but you are responsible for declaring the income in your annual tax return. The agency may also have withholding obligations.

Are advance rent payments taxable in one year?

Rental income is generally taxable in the year it is received. If you receive multiple years' rent in advance, the full amount may be taxable in the year of receipt.

Disclaimer

This guide provides general information about Guinean rental income tax for the 2026 tax year. Tax laws and rates may change. Always consult with a qualified Guinean tax advisor or the Direction Générale des Impôts for advice specific to your situation. InvestmentKit does not provide tax advice.