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Last updated : 11.05.2026

Expense rules in Guyana.

Guyana applies VAT at 14%. Oil boom since 2019 (offshore Exxon), rapidly growing economy.

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VAT
14%
Reduced
0% (export)
Currency
GYD
Per diem
GYD 20,000-38,000
Non-res.
No
TZ
UTC-4

Disclaimer: This country guide is provided for informational purposes only and does not constitute legal advice. Although we update it regularly, it may not reflect ongoing regulatory changes. Illizeo SA declines all responsibility for actions taken or not taken based on this content.

1Expense rules & reclaimable VAT

VAT 14% single rate.
Source: GRA (Guyana Revenue Authority)
CategoryVATReclaimCap / Note
Meals14%DeductibleTax invoice + TIN
Lodging14%DeductibleTIN
Alcohol14%LimitedExcluded
Fuel14%DeductibleInvoice
Transport14%DeductibleTaxi/airfare
Gifts14%Non-deductibleCap

Receipt

Tax invoice

TIN mandatory

2Mileage allowance

Actual.
Actual
ModeAllowanceCapNote
Personal carFuelInvoice
Company carCard
Taxi100% receiptInvoice

Tracking

Logbook

Date, distance

3Per diem and travel allowances

Company policy. Oil boom: Georgetown expensive.
Company policy
DestinationMealLodging / nightDaily rate
GeorgetownGYD 5 500GYD 22 000GYD 38 000
LindenGYD 4 500GYD 18 000GYD 30 000
New AmsterdamGYD 4 200GYD 16 500GYD 28 000
OtherGYD 3 800GYD 15 000GYD 25 000

Conversion

~1 EUR = 225 GYD

Variable

4Foreign VAT recovery

Residents only.
Residents only
ZoneMechanismDeadlineMethod
ResidentCreditMonthlyReturn
Non-residentNoneFinal cost
OilPSAPer contractProduction Sharing

Limitations

6 years

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