Invoicing and Tax regulation in Guinée Conakry

Invoicing Regulation

In Guinea Conakry, invoicing regulations are managed by the General Directorate of Taxes. It is mandatory for businesses to provide an invoice for the transactions carried out. Invoice data such as date, details of goods or services, price, seller and buyer details are necessary. Irrespective of the type of business (b2b, b2c, or b2g), an invoice has to strictly follow these guidelines.

Real-Time Reporting / Fiscalization

At this point, real-time reporting or fiscalization policies specific to Guinea Conakry are not laid out or made mandatory. But as a generally good practice, businesses are potent to maintain accurate, real time records for the ease of business operation and audit requirements.

E-Invoicing

There is not enough information available specific to Guinée Conakry e-invoicing. But in the modern global business scenario, businesses are encouraged to use e-invoicing for the expediency of transaction processing, real-time data and environment sustainability.

VAT/GST/Tax Compliance

In Guinée Conakry, Value Added Tax (VAT) is managed by the Direction Nationale des Impôts (DNI). The tax rate currently stands at 20%. For any business b2b, b2c, b2g, complying with this tax rate is mandatory. The taxes collected are subject to audits and uncompliances can lead to penalties.

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