Residents are taxed on worldwide income, whereas non-residents are only taxed on their Equatorial Guinea-source income.
Individuals are subject to personal income tax (PIT) at the following rates.
| Yearly taxable income (XAF*) | Tax rate (%) | |
| Over | Not over | |
| 0 | 1,000,000 | 0 |
| 1,000,000 | 3,000,000 | 10 |
| 3,000,000 | 5,000,000 | 15 |
| 5,000,000 | 10,000,000 | 20 |
| 10,000,000 | 15,000,000 | 25 |
| 15,000,000 | 20,000,000 | 30 |
| 20,000,000 | and above | 35 |
* Central African CFA francs
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