Core Data on Guinea by OPIP
  1. Economy
  2. Entry and Sojourn Formalities and Work Permit
  3. Office of Private Investment Promotion
  4. Doing Business in Guinea
  5. Costs Factors
  6. Investment Incentives in Guinea
  7. Taxation and Customs Regimes
  8. Main contact points
  9. Area : 245.857 Sqkm

    Population : 7.2 million 1996

    Population growth rate : 2.7% 1996

    Local currency : Guinean Franc (GNF)

    Exchange rate : US$1.00 = 1.132 GNF 1/98

    Official language : French

    Capital city : Conakry

    Exports value : US$725 million 1996

    Main imports : Intermediate products, building materials foodstuffs, petroleum products

    Main trading partners : France, Benelux, USA, Côte d'Ivoire, Spain, China, Hong Kong

    Trade balance : +US$3 million 1996

    GDP : US$3.68 billion 1995

    GNP : US$3.8 billion 1995

    GDP real growth : 4.6% 1996

    GNP per capita : US$590 1996

    Inflation rate : 3.5% 1996

    Amount of foreign debt : US$2.575 million 1996

    Debt service in % of exports : 17.7%

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    Guinea's Profile

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    Historical A French colony during 60 years (from 1899 to 1958), Guinea obtained

    Overview her independence on October 2, 1958.

    Ahmed Sékou Touré was the first President of the Republic of Guinea. He engaged the country in a marxist system systematically excluding private initiative. Upon his death on March 26, 1984, the armed forces took over power, with Major General Lansana Conté at their head. He chose to opt right away for liberal economy.

    Full multipartism is now re-established and all democratic institutions are in place.

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    Location Guinea is situated in West Africa and has a 300 Km coastline on the Atlantic Ocean. It hasborders with six countries: Guinea Bissau North- west, Senegal North, Mali North and North-east, Côte d'Ivoire East, Sierra Leone and Liberia South.

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    Geograhical Guinea has a 245.857 SqKm area divided into four natural regions: Lower Guinea (Maritime Guinea), Middle Guinea (Fouta Djallon), Upper Guinea (the Mandingue) and Forest Guinea (Guinean Dorsal).

    It is a country with mountains, plains and plateaux. The two most mountainous regions are the Fouta Djallon and the Guinean Dorsal. These mountains are set within plateaux. The latter run down eastward towards the Niger valley and West on a coastal and swampy plain.

    Mangrove is the characteristic vegetation for Maritime Guinea, grassland savanah and wooded savanah are the characteristic vegetation for Upper Guinea; and dense forest is the characteristic vegetation for Forest Guinea.

    The main rivers of which countries in West Africa are awash overall have their sources in Guinea. What earned her the nickname of "West Africa Water Tower".

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    Climate Guinea has an equatorial climate in its forest region and a tropical climate with monsoon, harmattan and relief influence in the three other natural regions. Temperatures are usually high, with a 25 to 30°C average.

     

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    Demography The last census, dating back December 1996, numbered a population of 7,169,893 inhabitants of wich 75% depend on agriculture.

    Lower Guinea groups 37% of total population, Middle Guinea 24%, Upper Guinea 21%, Forest Guinea 18 %.

    Life expectancy is 49 years. Almost 50 % of the population in the 15 to 65 years old age braket is active.

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    Languages The working language is French. Besides, there are several local languages the most used of which are : sussu in Lower Guinea, peulh in Fouta Djallon, maninka in Upper Guinea, kissi, guerzé and toma in Forest Guinea.

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    Education Schooling rate is 62%, literacy rate is 32 %.

    Religion There are muslims in Guinea for 85% and christians for 5%, mostly catholics.

    Politique Guinea is a secular State independent since 02 october 1958. It has a pluralist presidential regime since 1991. The President of the Republic is elected by universal suffrage and for a 5-year mandate renewable once. He is the head of the Executive.

    The National Assembly with 114 deputies elected by universal suffrage for four years hold legislative power.

    The Supreme Court and the Economic and Social Council complete the great democratic and republican institutions.

    Likewise other countries in Africa, Guinea has opted for full multipartism. Besides, Guinea adheres to the sacrosanct principle of all democracies, namely the independence of the three powers: the Executive, the Legislative and the Judicial.

    Administrative Guinea is organized into eight administrative entities headed each by

    organisation one Governor. They are the city of Conakry and the seven Administrative Regions whose centers are also the main towns in the hinterland: Kindia, Boké, Mamou, Labé, Faranah, Kankan and N'Zérékoré. Conakry with 1,500,000 inhabitants is the administrative capital of the country.

    Economy
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    Economic The country's economy is heavily dependent on the mining sector which environment contributes 19% of exports earnings, 29% of the State's own earnings and 40,000 jobs.

    Since 1996, Guinea prides herself with:

This translated into real growth of the Gross Domestic Product (GDP) by 4.4% in 1995, and by 4.6% in 1996, owing mainly to the primary sector, notably agriculture and mining. This increase was the result of the various structural reforms implemented with support from the World Bank and the International Monetary Fund (IMF) including:
These reforms made it possible to obtain support from major international institutions such as the World Bank and the International Monetary Fund (IMF) following the granting of a US $ 96.8 million loan over three years under the Reinforced Structural Adjustment Facility (RSAF). Moreover the Paris Club has agreed to the rescheduling of part of the guinean debt, i.e. US $ 125 million.

Currency The Republic of Guinea has its own currency, the Guinean Franc (GNF = Guinea New Franc). It is a currency which is not convertible. The rate of exchange of the Guinean Franc in relation to major currencies is fixed by the interbank foreign exchange market according to the mechanisms of supply and demand.

Opening foreign exchange bureaux, capital transfer and opening foreign currencies accounts with banks are free. The new monetary policy measures implemented have allowed the development of financial intermediation and the increase of incentives to savings.

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Resources Agriculture : The sector represents approximatively 20% of GDP. Agricultural areas are estimated at 6.5 million ha. of which 20% are cultivated. The main crops are: pineapple, banana, coffee, cocoa, rice, maize, fonio, cassava, potatoes, rubber, cotton, tobacco, korité, etc.

______________________________________________ Forests : The natural forests cover 100,000 sqkm and cultivated forests about 40,000 sqkm.

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Fishing : The guinean coast, over 300 km on the shore of the Atlantic Ocean is rich with large halieutic resources and provides huge potential for extension of industrial fishing, little exploited up until now.

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Mining : Mining industry is dominant in the guinean economy, with bauxite as the main mineral resource of Guinea. Reserves are estimated at 18 billion tonnes of bauxite with 60% AL203 content (i.e. more than one third of world reserves). Guinea currently is the second world bauxite exporter and intervenes for 40% of this minerals'world market. Other mineral resources are diamonds (reserves of 25 to 30 million carats), iron (6.5 billion tonnes), gold (1.000 tonnes), manganese, zinc, cobalt, nickel, uranium etc...

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Energy : A recoinaissance of sites for dams has made it possible to estimate the potential production of hydroelectric power at nearly 100 billion kwh per year; i.e. more than 100 times the actual consumption. The Garafiri hydroelectric dam, undergoing construction, will be operational in 1999, and studies for the Kaleta and Fomi hydroelectric stations are available. The forecasted capacity of these three stations is in the range of 300 MW.

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Advantages * Political and institutional stability

for investment * Environment conducive to private sector development

in Guinea * Noticeable progress owing to the structural adjustment programmes of the World Bank

* Low and stable inflation

* Stable currency thanks to a sound management of exchange rate and of liquidities

* Abundant economic low cost skilled labour

* Increasing confidence of donors and international financial sector

* New investment opportunities to develop

* Attractive incentives

* An efficient Investment Promotion Agency

* Office of Private Investment Promotion (OPIP) -

One-Stop-Centre.

Entry and Sojourn Formalities and Work Permit
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Visas Entry in guinean territory is subordinated to producing a visa. Except for nationals of ECOWAS countries and of the following countries : Tanzania, Algeria, Tunisia, Morocco, Egypt, Cuba and Romania who are admitted upon mere presentation of a valid passport.

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Permanent Obtaining a visa for permanent residence is subordinated to presenting residence an employment contract.

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Employment Recruitment of foreign personnel is subject to prior authorization of the contracts Labour Office.

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Vaccination Travellers are advised to take malaria medicines, a few days before arrival in Guinea, during the stay and during two weeks after departure.

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Entry of goods Subject to their being duly declared in prior, all personal articles and belongings in small quantity are admitted duty free. The authorized weight for personal jewelry in gold, silver, or other gems is no more than 500 grammes.

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Entry of foreign Entry of foreign currencies in banknotes or in travellers Cheques form

currencies is not limited. Exchange operations may be done at the airport's exchange bureau, at banks, hotels and with private foreign exchange dealers.

Office of Private Investment Promotion

One-Stop-Centre
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Role and Created in September 1992 and placed under the authority of the

mission Ministry responsible for promoting the private sector, the Office de Promotion des Investissements Privés - One-Stop-Centre (OPIP) is a public establishment of administrative character (EPA). It has the mission of implementing the policy of the Government of the Relublic of Guinea in respect of private sector promotion.

a. One-Stop-Centre : OPIP centralizes the administrative, legal, fiscal and other formalities required from enterprises and companies in accordance with regulations in force. So, investors may do in a single place and on the same documents all administrative formalities for the creation or extension of enterprises. It centralizes procedures and the processing of dossiers presented and advises on the eligibility of projects to regimes provided for under the Investment Code.

b. Structure for technical assistance and follow-up: OPIP hosts investors, informs, advises and guides them in respect of their investment decisions. It endeavours to ensure the emerging of a dynamic, performing and competitive private sector through technical assistance tailored to the real needs of promoters, investors and enterprises in a context of liberal economy open to the outside world.

c. Marketing and promotion agency: OPIP vehicles Guinea's image worlwide and fosters foreign investment in the country. In this respect, it organizes or contributes to organizing events abroad as well as in Guinea (forums, seminars etc.) on the theme of investment in Guinea; it collects and circulates all required information for investors accross five continents.

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Organization In order to carry out its mission successfully, OPIP is organized into main departments: The One-Stop-Centre Department, the Investment Promotion Department and the Assistance and Follow-up Department.

For inquiries, please contact:

Office de Promotion des Investissements Privés - OPIP

Director General

B.P. 2024, Conakry, Republic of Guinea

Telephone: (+224) 41-49-85

Fax: (+224) 41-39 -90 /41-49-85

Doing Business in Guinea
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Legal Establisment modalities: guineans and foreign nationals (subject to background reciprocity) may undertake freely any economic activities in the Republic of Guinea. For exercising legally an economic activity in the Republic of Guinea individuals and moral persons must have themselves registered with the Registry of Economic Activities. Formalities are centralized at the Centre de Formalités des Entreprises at the Office de Promotion des Investissements Privés - One-Stop- Centre (OPIP).

There are in law, two forms for establishing a company:

* Formation of a company under guinean law,

* Opening of a subsidiary of a foreign company.

Documents to provide:

* Memorandum and Articles for companies,

* Copies of the ID card and two photos of the owner, the managing director or the agent,

* Local residence certificate,

* Police Clearance,

* Sojourn visa in the case of foreigners.

Fees to be paid:

* GNF 100,000 for companies,

* GNF 50,000 for individuals,

* Free registration for co-operatives.

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Legal forms In accordance with the law said Loi L/92/043/CTRN 1992 enacting the of companies Code of Economic Activities, the guinean law provides for the following forms of companies: the Limited Liability company (SARL), the Limited Company (SA), the General partnership Company, the de facto Company, the protempore group Company, the Building Societies Company, the co-operatives and the Commercial and Industrial Partnership Company - Société à nom collectif (SNC).
 
 
SARL
SA
Number of associates 1 to 50 minimum 1
Minimum share capital GNF 5.000.000 GNF 10.000.000
Minimum share value GNF 10.000 GNF 10.000
Capital subscription fully fully
Capital paid-up fully ¼ at constitution
Costs Factors
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A. Land - Conakry Region
 
Type of activity
Type of cost
Category /Access roads (GNF/m2)
   
Primary
Secondary
Tertiary
Commerce Purchase 

Annual dues

90 000 to 225 000 

1 800 to 4 500

80 000 to 150 000 

1 200 to 3 000

30 000 to 75 000 

600 to 1 500

Industry Purchase 

Annual dues

45 000 to 112 500 

825 to 2 250

27 500 to 75 000 

550 to 1 500

13 500 to 37 500 

246 to 750

Artisanat Purchase 

Annual dues

37 500 to 95 000 

750 to 1 875

25 000 to 62 500 

500 to 1 250

12 500 to 51 250 

250 to 628

Housing Purchase 

Annual dues

38 000 to 75 000 
-
20 000 to 50 000 
-
10 000 to 15 000 
-
B Construction
 
Commercial Building
GNF/sqm
Housing
GNF/sqm
Small workshops  

Heavy constructions 

Offices without inside equipments

185 000
310 000
650 000
Economic housing 

Ordinary standing villa 

Average standing villa 

High standing villa

270 000
375 000
500 000
750 000
C Electricity
 
Category
Consumption bracket
Monthly fees
(GNF/Kwh)
Consumption rates
(GNF/Kwh)
Low tension 

(Monophase/triphase)

0 to 120 Kwh 

121 to 600 Kwh 

601 Kwh and plus

1 325/3 970
1 325/3 970
1 325/3 970
90
232
265
Average tension Single bracket
2 413 GNF/Kva
226
Administration Single bracket
-
232
D Water

Consumer prices for all categories vary according to consumption brackets as follows:

An advance payment on consumption is required at time of subscription. It varies according to the diameter of the connexion, from GNF 30,600 for 15 mm diameter to 16,650 for 150 mm diameter.

E Petroleum Products

F Transport
 
Roads
(national network)
Railroad
Transport
Maritime Transport
(for one Western Europe bound 20-feet container)
123 GNF/km/tonne 90 to 110 GNF/km/tonne US$1,300
G Postal Rates

Annual subscription to a post office box at Conakry: GNF 25,000 for small size and GNF 30,000 for large size.

a. Domestic rates ( in GNF)
 
Type
Weight
   
  20 g 100 g 250 g 500 g 1000 g 2000 g 3000 g
Ordinary letters 

Parcels  

Printed matters (large dispatch)

200 

- 

100

350 

350 

150

700 

550 

250

1050 

850 

400

1600 

1400 

525

2750 

2400 

800

- 

3050 

-

 

b. International rates (rate in 1000 GNF)
 
Geographical zone
Weight
 
< 500 g
501 g to 5000 g
50001 g to 10 000 g
10 001 g to 20 000 g
West Africa
16
21 to 60
69 to 105
111 to 165
Elsewhere in Africa
24
32 to 96
112 to 176
184 to 256
Belgium, France, Holland
24
32 to 96
112 to 176
184 to 256
Elsewhere in Europe
26
35 to 106
123 to 194
202 to 282
America, Asia, Oceania
26
35 to 106
123 to 194
202 to 282
H Telephone (Spacetel Guinée SA)

a. Subscription (in GNF)
 
Category
Connexion
Surety
Monthly fees
National
50 000
250 000
25 000
International
100 000
500 000
25 000
b. Communications (GNF/minute)
 
Type
Cellular
National
International
 
8:00-20:00
20:00-8:00
8:00-20:00
20:00-8:00
8:000-20:00
20:00-8:00
Emission
200
150
350
300
2700 to 3600
2520 to 3420
Reception
-
-
-
-
700
600
I Basic Salaries in GNF (Indicational)
 
Category
Construction CPW/BTP PW Workers
Banks
Industry
Worker/employees 103 000 to 188 000 105 000 to 245 000 106 000 to 225 000
Skilled workers/mid-level professionals 214 000 to 295 000 280 000 to 510 000 225 000 to 326 000
High level Professionals 433 000 to 600 000 680 000 to 1100 000 350 000 to 800 000
       
Employment conditions The Labour Code requires under its article 118 that a standing rules be set for all enterprises and for establishments employing usually 25 employees at least. All employers are to have themselves registered with the National Social Security (CNSS). The amount of contribution is of 23% divided between employees (5%) and employers (18%). 

Employers are also to organize jobsite medical care and have workers have medical examination at least once a year in order to ensure their good health

 

Investment Incentives in Guinea
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Introduction In order to provide active incentives, Government promulgated an ordinance on January 3, 1987 (which was modified in 1995) that defines the framework and the conditions for investing in the private sector. The Investment Code thus elaborated guarantees:

Individuals or moral persons having effected investment of capital originating abroad may freely make transfers in convertible currencies to the country of their choice. Such transfers pertain to:
Guinea is signatory to the convention of the International Centre for the Settlement of Investment Disputes (ICSID) and is member of the World Bank's Multilateral Investment Guarantee Agency (MIGA).
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Privileged The Investment Code provides for tax benefits and various

Regimes incentives regimes (Table 1) notably: small and medium scale enterprises regime, export enterprises regime, regime for enterprises developing natural resources and local raw materials, and the regime for enterprises established in the economically less developed zones. The specific criteria for these regimes are indicated hereinafter.

Small and medium scale enterprises:

* Value of assets comprised between 15 and 500 million GNF,

* Job creation for at least 5 workers.

Natural resources development enterprises:

* Cost of intermediary consumptions higher than 50%,

* Cost of imported raw materials lower than 50% of cost of products.

Export Enterprises:

* Enterprises realizing exports of which the turnover represents more than 22% of total turnover.

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Modalities for Individual or companies meeting the conditions for the

implementation admission under one of the privileged regimes may request their

of the regimes admission under the regime after formation of the company and/or registration with the Economic Activities Registry. Extension of existing enterprises may be proposed for licensing where at least 25 permanent jobs would be created; where it represented an investment equal to 25% of the initial investment or at least GNF500 million and where separate accounts were kept.

The application dossier (20 copies) should include the information enumerated in the application decree, a letter from the promoters precising the regime under which licenssing is solicited and summarizing the data of the dossier.

If the promoter is not notified the granting or the refusal of licensing three months following the filing of a complete application dossier for licensing, the National Investment Commission is bound to provide an answer in thirty days. If it did not, the promoter may refer to the Minister of Planning and International Cooperation.

Table 1: Privileged regimes incentives
 
 
Small and medium scale enterprises
Export enterprises
Enterprises developing local raw materials
Enterprises established in an economically lelss developed zone
Commercial and industrial profit tax 20% if lower than a rate equal to 2/3 of the normal taxation rate for a duration of 5 years. Exemption during 5 years proportionate with export turnover/total turnover without such proportion exceeding 60% of profits. Reduction of BIC tax during the first 5 years equal to 20% of intermediary inputs of guinean origin. Exemption of BIC tax for 5-8 years.
Other benefits Exemption of the lump sum minimum tax for 3 years.
-
-
Reduction of turnover tax by 20-60% for 5 years.
Common Benefits
  1. Exoneration of duties and taxes levied on imports of equipement, materials and tools necesssary for realizing the investment.
  2. Single entry Duty of 6% for imports of raw materials direct inputs in the products.
  3. Reduction of the base of the BIC Tax equal to 50% for the first fiscal year and 25% for the second year.
  4. Exemption of the apprenticeship tax and of the lump sum remittance on salaries for 5 years and reduction of this Tax by 50% during the 3 following years.
Privileged sectors
  • Agriculture;
  • Industrial processing;
  • Animal Husbandry and Fishing;
  • Production of fertilizers;
  • Health and education enterprises;
  • Tourism developments and industries;
  • Social housing development; and
  • Investment banks or other credit establishments based outside Zone 1 (Conakry).
 
Taxation and Customs Regimes
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  Because of the liberal economy option, the Government has undertaken a programme of economic and financial reforms which provisions give privilege, in matters of taxation, to investment especially in the industrial sector. The news Tax Code in force distinguishes direct taxes, indirect taxes and registration dues.
Direct State Taxes Income Tax  30% of industrial and commercial profits (BIC).
  Corporate Tax (IS) 35%
  Lump Sum Minimum (VF) 3% of turnover of the preceeding year with a minimum set at 2 million GNF and a maximum of 20 million GNF.
  Lump Sum Remittances 6% of gross amount of monthly salaries.
  Apprenticeship Tax (TA) 3%
  Single Motor Vehicle Tax (TUV) GNF 10.000 to GNF450.000 per year according to vehicle type and use.
Direct Local Taxes Professional License
  • A fixed due for each profession. An additional due of 10 to 15% according to the rent value of the premises.
  Single Professional Tax (TPU) 5% of turnover of the preceeding year.
  Land Tax on developed properties
  • 10% of rent value below or equal to GNF200.000.
  • 20% for rents above GNF100.000 with 50% rebate for factories.
  Housing Tax (TH) 10% of rent value with a GNF15.000 rebate for freeholders owners and for GNF 10.000 for leaseholders.
  Land Tax Levied on undeveloped properties 1%
Indirect Taxes Value Added Tax (VAT) 18% 

Exemptions: exports, international tansport,pharmaceuticals, fertilizers, school supplies and foodstuffs (rice, flour, wheat, bread, edible oils). 

  Financial Activities Tax (TAF)
  • 5% for credit operations on a duration over 1 year.
  • 13% for other operations.
  Insurance Contracts Tax 8% to 12%
  Fiscal surchage on alcohool beverages
  • GNF20 per can or bottle up to 50 cl.
  • GNF 30 per can or bottle over 50cl.
 
 
Registration Dues Dues on Corporate Deeds 0,5% to 2% of capital or value of the contribution.
  Other registration and stamp dues
  • 0,5% to 10% of value of goods.
  • 0 to 25% for procurements or private contrats not exceeding GNF 1 billion.
Customs Tariffs Fiscal Duty on Imports (DFE) 8% for imported goods (except rice (22%), and grain flour and edible oils (23%)).
  Customs Duty on Imports (DDE) 7%
  Liquidation Processing Due (RTL)  2% of FOB value of goods concerned.
  Lump sum levy on importation 3%
  Additional centime 0.25% of CIF value of imported goods.
  Consumption surcharge on luxury goods (STC)
  • 20% to 30% for motor vehicles .
  • GNF400 per can/bottle of 33cl. For beers.
  • GNF3.000 per liter for liquors
  • GNF100.000 per cigarettes carton of 10.000 cigarettes
  Specific tax on petroleum products 

(TSPP)

  • GNF335/liter for fuel
  • GNF325/liter for gasoil
  • GNF100/lliter for kerosene
  • GNF135/litre for lubrifiants
Export Duties Fiscal Export Duty (DFS) 2% of the FOB value, not applicable to produce exports and increased to 3% for precious metals and gems.
  Single Export Fiscal duty (DFUS) GNF13 000 per tonne for coffee exports.
 

Note: Abbreviations are officials French abbreviations used by relevant government agencies.

Main contact points
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A. Ministries
 
Office of the Prime Minister 

Cité des nations 

Tel : 41-10-70/41-52-83

Ministry of Forestry  

Cité du Port 

Tel : 44-12-18/44-13-06/ 41-11-81/41-42-22

Ministry of Animal  

Husbandry and Fisheries 

Cité du Port 

Tel: 41-12-58

Ministry of Defense 

Camp Samory Touré 

Tel: 44-11-54/45-11-54/41-16-38

Ministry of Communication and Culture 

Boulbinet, next to RTG 

Tel: 41-50-01

Ministry of Private Sector Promotion, Industry and Commerce 

Boulevard du Commerce 

Tel: 44-49-20/44-49-21

Government Secretariat 

Next to OPIP 

Tel: 41-11-27

Ministry of Planning and International Cooperation 

opposite Boulbinet College 

Tel: 41-49-87/45-26-93

Ministry of Administrative Reform and Labour 

Boulevard du Commerce 

Tel: 44-29-01/44-29-03

Ministry of Finance 

Boulevard du Commerce 

Tel: 41-49-87/44-26-93

Ministry of Education and of Scientific Research 

Boulevard du Commerce 

Tel: 41-19-01

Ministry of Country Planning 

Cité du Port 

Tel: 41-36-39

Ministry of Local Government and Decentralization 

Next to OPIP 

Tel: 44-11-06/44-11-16/45-41-20

Ministry of Technical and Professional Training 

Tel: 41-56-77/41-38-04

Ministry of Youth and Sports 

Avenue du Port  

Tel: 44-19-59/44-19-26/ 44-49-56, Fax: 41-19-26

Ministry of Foreign Affairs 

Boulevard du Commerce 

Tel: 44-16-02-/45-12-70

Ministry of Public Health 

Boulevard du Commerce 

Tel: 41-20-32

Ministry of Justice 

Tel: 44-29-06/44-29-30/ 45-29-06

Ministry of Social Affairs, of Women and Children Promotion  

Corniche-Ouest 

Tel: 41-20-15, fax: 41-46-60 

44-45-39

   
     
B. Organization and Professional Associations
 
Chamber of Commerce and Industry 

Tel: (224) 40-28-86 

Mining and Development Promotion Center 

Tel: (224) 41-51-27 / 41-15-44 

Fax:(224) 41-15-44 / 45-50-26

Chamber of Agriculture 

Tel: (224) 42-28-81

C. Banks
 
Central Bank of the Republic of Guinea 

Boulevard du Commerce, B.P. 692 

Tel: (224) 41-26-51/41-17-25/41-17-34 

Fax: (224) 41-48-98 

Banque Internationale pour le Commerce et l'Industrie de Guinée 

517, Av. de la République 

Tel: (224) 41-45-15 

Fax: (224) 41-39-62 

Banque Populaire Maroco-Guinéenne 

Av. de la République 

Tel: (224) 41-92-06 / 41-23-60 / 41-36-93 

Fax: (224) 41-32-61 

Union Internationale de Banque en Guinée 

Av. (224) 41-20-96 / 41-43-09 

Fax: (224) 41-42-77

Banque Internationale pour l'Afrique en Guinea 

Tel: (224) 41-42-65 / 41-42-83 

Fax: (224) 41-22-97 

Islamic Bank of Guinea 

6è Avenue, Immeuble Nafaya, Conakry 

B.P. 1247 

Tel: (224) 41-17-41 / 41-17-46 

Fax: (224) 41-50-71 

Société Générale des Banques de Guinée 

Av. de la République, B.P. 1514 

Tel: (224) 41-25-90 / 41-25-91 / 41-25-92 

Fax: (224) 41-54-50 

International Commercial Bank 

4 Av. Boulbinet, Conakry, B.P. 3547 

Tel: (224) 41-25-90 / 41-25-91 / 41-25-92 

Fax: (224) 41-54-50

D. Insurance Companies
Union Générale d'Assurance et de Réassurance 

B.P. 179, Place des Martyrs, Conakry 

Tel: (224) 41-48-41 

Fax: (224) 41-17-11 

Société Guinéenne d'Assurance Mutuelle 

Tel: (224) 41-50-57 

Fax: (224) 41-25-57

Société Nouvelle d'Assurance de Guinée 

Tel: (224) 41-49-77 

Fax: (224) 41-43-03 

B.P. 3363, Conakry

E. Hotels
Grand Hôtel de l'Indépendance: Novotel **** 

Tel: (224) 41-50-21 

Fax: (224) 41-16-31 

Hôtel Camayenne - Sabena **** 

Tel: (224) 41-40-89  

Fax: (224) 41-29-95

Grand Hôtel de l'Unité *** 

Tel: (224) 45-23-35 

Fax: (224) 45-23-37 

Hôtels Mariador *** 

Tel: (224) 41-27 52 

Fax: (224) 41-45-44

E. Guinea's Embassies Abroad
SOUTH AFRICA - Pretoria 

Fax: (27 12) 342-8466 

Tel: Ch (27 12) 342-8465 

R (27 12) 46 51-08/46 01 42

ALGERIA - Algiers 

Fax: (21 32) 69 34 68/67 25 13 

Tel: Ch. (21 32) 69 20 66 

R. (21 32) 60 91 78

GERMANY - Bonn 

Fax: (49) 228 213 097 

Tel: Ch. (49) 228 231 098 

R (49) 228 331 042

SAUDI ARABIA - Jeddah 

Fax: (96 62) 66 53 718/68 73 568 

Tel:(96 62) 68 73 564/68 00 800/66 31 894

BELGIUM - Brussels 

Fax: (322) 762 60 36 

Tel: Ch. (322) 771 01 26 

R. (322) 771 00 82

CANADA - Ottawa 

Fax: (001 613) 789-7560 

Tel: (001 613) 789 8444

CIS - Moscou 

Fax: (7095) 220-2138 

Tel: Ch. (7095) 201-3601 

R. (7095) 201 4840/230-1666

CHINA - Beijing 

Fax: (86 10) 532-4957 

Tel: Ch. (86 10) 532 1686 

R. (86 10) 532 2652

COTE D'IVOIRE - Abidjan 

Fax: (225) 32 82 45 

Tel: Ch. (225) 22 25 20/32 86 00 

R. (225) 44 15 57/22 71 50

CUBA - Havana 

Fax: (537) 33 23 80 

Tel: Ch. (537) 24 24 28/24 73 61 

R. (537) 24 73 62

EGYPT - Cairo 

Fax: (202) 341 1446 

Tel: Ch. (202) 340 8408/340 4537 

R. (202) 335 8239

ETHIOPIA - Addis Ababa 

Fax: (25 11) 51 28 26 

Tel: Ch. (25 11) 65 13 08 

R. (25 11) 55 23 11/51 77 00

FRANCE - Paris 

Fax: (331) 47 04 57 65/47 55 06 91 

Tel:l (331) 47 04 81 48/43 02 32 27

GHANA - Accra 

Fax (233) 2176 0961 

Tel: Ch. (233) 2177 7921/ R. ((233) 21775373

GUINEA BISSAU - Bissau 

Tel: Ch. (245) 20 12 21 

R. (245) 20 18 50

ITALY - Rome 

Fax: (396) 807 5569 

Tel: Ch. (396) 807 8989 

R. (396) 807 7588

   
JAPAN - Tokyo 

Fax: (813) 3443-8213 

Tel: (813) 3724 2418

LIBERIA -Monrovia 

Tel: Ch. (231) 22 40 97 

R (231) 22 62 61

MALAYSIA - Kuala Lumpur 

Fax: (603) 45 11 500 

Tel: (603) 45 21 500

MALI - Bamako 

Fax: (223) 23 08 97 

Tel: Ch. (223) 22 29 75 

R. (223) 22 30 07

MOROCCO - Rabat 

Fax: (21 27) 67 25 13/77 74 59 

Tel: Ch. (21 27) 67 41 48 

R. (21 27) 75 30 46/77 24 33

NIGERIA - Lagos 

Fax (228) 61 19 63 

Tel: Ch. (228) 61 69 61 

R. (228) 61 45 45

ROUMANIA - Bucharest 

Fax: (401) 210 0331 

Tel: Ch. (401) 211 1894 

R. (401) 650 4616

SENEGAL - Dakar 

Fax: (221) 825 594 

Tel: Ch. (221)824 8606 

R. (221)825 4163/838 3930 

SIERRA LEONE - Freetown 

Tel: Ch. (222) 23 24 96 

R. (222) 23 31 80

TOGO - Lome 

Fax: (228) 21 81 16 

Tel: (228) 51 74 98

USA - Washington 

Fax (1 202) 483-8688 

Tel: (1 202) 4839420/483 2122

 
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