Guyana
Vat Registration Thresholds Mandatory registration for businesses with taxable turnover exceeding GYD 15,000,000 (approximately €60,000).
Vat Rates Standard rate of 14%.
Vat Registration Process Businesses register with the Guyana Revenue Authority (GRA). Registration requires submission of the Taxpayer Registration Form along with supporting documents.
Taxable Transactions Sale of goods and services, including imports. Exports are zero-rated.
Registration Exceptions Voluntary registration is available for businesses below the threshold, subject to certain conditions.
Vat Filing Frequency VAT returns are filed monthly.
Exemption Schemes No specific small business exemption schemes; however, voluntary registration is available.