Republic of Equatorial Guinea
Capital: Malabo HDI: 0.587 (138th)
Language: Spanish, French, Portuguese
GDP (PPP): $23.744 billion
Currency: Central African Franc
Equatorial Guinea, officially the Republic of Equatorial Guinea, is located in Central Africa, with an area of 28,000 square kilometres (11,000 sq mi). Formerly the colony of Spanish Guinea, its post-independence name evokes its location near both the Equator and the Gulf of Guinea. Equatorial Guinea is the only sovereign African state in which Spanish is an official language. As of 2015, the country has an estimated population of over 1.2 million.
Equatorial Guinea consists of two parts, an insular and a mainland region. The insular region consists of the islands of Bioko (formerly Fernando Pó) in the Gulf of Guinea and Annobón, a small volcanic island south of the equator. Bioko Island is the northernmost part of Equatorial Guinea and is the site of the country’s capital, Malabo. The island nation of São Tomé and Príncipe is located between Bioko and Annobón. The mainland region, Río Muni, is bordered by Cameroon on the north and Gabon on the south and east. It is the location of Bata, Equatorial Guinea’s largest city, and Oyala, the country’s planned future capital. Rio Muni also includes several small offshore islands, such as Corisco, Elobey Grande, and Elobey Chico.
Since the mid-1990s, Equatorial Guinea has become one of sub-Saharan Africa’s largest oil producers. With a population of almost three quarters of a million, it is the richest country per capita in Africa, and its gross domestic product (GDP) per capita ranks 69th in the world; However, the wealth is distributed very unevenly and few people have benefited from the oil riches.
Equatorial Guinea Economic Overview
Several of Equatorial Guinea’s gas and oil fields matured in 2013, and the subsequent decline in production, on which the country was highly dependent, pushed the economy into recession.
Economic Overview Equatorial Guinea
Equatorial Guinea is composed of a mainland, Rio Muni, and the small islands of Annobon, Corisco, Elobey, and Bioko, where the capital Malabo is located.
Industry Trends & Business Climate
Industry Trends Equatorial Guinea
Growth was therefore once again negative (estimated at -2.1%) in 2014. Although non-oil and gas activities play a secondary role in the economy, they were somewhat vibrant, especially in the construction sector.
Establishing a Presence
Equatorial Guinea – Business Registration Requirements
This page summarizes Doing Business 2016 data for Equatorial Guinea. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic.
Potential Business Types/Ideas in Equatorial Guinea
Published by the Icon Group using vertical analysis or common-sized statements, provides estimates of the financial performance and labor productivity of countries compared to global benchmarks.
Statistics On Why To Start A Business In Equatorial Guinea
Oil has driven high GDP growth rates, but Equatorial Guinea’s overall economic development remains uneven, and poverty is pervasive.
Rules and Regulations for Business Registration in Equatorial Guinea
Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Equatorial Guinea.
Equatorial Guinea Corporate Taxes
Company registration, Key Facts, and other essential information necessary regarding corporate taxes.
Corporate Tax Guide – Equatorial Guinea
Listed is a corporate tax guide for Equatorial Guinea.
Equatorial Guinea Personal Tax
In Equatorial Guinea, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends.
Personal Tax – Equatorial Guinea
This summary outlines everything you need to know or consider when thinking about doing business in Equatorial Guinea and dealing with tax issues.
Equatorial Guinea – VAT Taxes
Below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as administrative burden in paying taxes.
Equatorial Guinea – Vat Taxes
In Equatorial Guinea, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services.
Travel to Equatorial Guinea – Visas
To enter Equatorial Guinea, a passport valid for a minimum of six months from the date of entry is required by all nationals referred to in the chart above.
Equatorial Guinea – Visas
The Government of Equatorial Guinea’s website states that U.S. citizens are required to fill out two visa application forms, present two passport photos, and provide evidence of their ability to finance their visit.
Transportation in Equatorial Guinea
Bush taxis are the main form of transportation in Equatorial Guinea. It is a type of shared taxi connecting Malabo with other major towns like Riaba and Luba.
In-depth Transportation for Equatorial Guinea
Malabo is located on the volcanic island of Bioko and is the capital city of Equatorial Guinea in the Atlantic Ocean, south of Nigeria and west of Cameroon with a population of 185,000.
History of Telecom in Equatorial Guinea – WIKI
Telecommunications in Senegal include a number of mobile and network operators.
Telecom in Equatorial Guinea
Senegal 4G Telecommunication services.
Unemployment – Equatorial Guinea
Unemployment Rate in Equatorial Guinea increased to 22.30 percent in 2009 from 19.70 percent in 2001.
In-Depth Labor Rules and Obligations – Equatorial Guinea
The employer/employee relationship in Equatorial Guinea is currently the subject of numerous legal rules.
Labor Rules and Obligations Equatorial Guinea
Below is a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in Equatorial Guinea.
Cost of Living – Eauatorial Guinea
These data are based on 62 entries in the past 18 months.
Cost of Living – Equatorial Guinea
To calculate each cities’ Cost of Living Index value, we start by assigning a value of 100 to a central reference city
Business Eitquette – Equatorial Guinea
As a Spanish colony, the area was formerly known as Spanish Guinea. There are two main cultural and ethnic traditions: the Fang, on the mainland, and the Bubi, on the island of Bioko.
Business Etiquette – Equatorial Guinea
Equatorial Guinea has a rich and varied culture; migrations from the 18th century onwards have led to cultural diversity that is reflected in the country’s music, arts and language.
Safety Precautions – Equatorial Guinea
Although large public demonstrations are uncommon, you should avoid large crowds, political rallies, and street demonstrations.
Climate – Equatorial Guinea
Equatorial Guinea has a tropical climate with distinct wet and dry seasons. From June to August, Río Muni is dry and Bioko wet; from December to February, the reverse obtains.
Weather and Geography – Equatorial Guinea
Equatorial Guinea is bordered to the south and east by Gabon, to the north by Cameroon and to the west by the Gulf of Guinea.
Education – Equatorial Guinea
Education in Equatorial Guinea is free and compulsory until the age of 14. In 1993, the gross primary enrollment rate was 149.7 percent, and the net primary enrollment rate was 83.4 percent.
Educational System – Equatorial Guinea
Education in Equatorial Guinea, a tiny country in west Africa, is free and compulsory for children from the preschool level through secondary school.
Holidays – Equatorial Guinea
A complete list of holidays in Equatorial Guinea.
Equatorial Guinea Holidays
All holidays in Equatorial Guinea.
Demographics of Equatorial Guinea – WIKI
Wiki — Demographics of Equatorial Guinea including, race, age, and male or female
Equatorial Guinea Indepth Demographics
Demographics for the country of Equatorial Guinea including; age structure, death rate, and median age range.
Equatorial Guinea Import – Export
Import Export regulations for Equatorial Guinea in great detail.
Import/Export Laws – Equatorial Guinea
Equatorial Guinea is the 86th largest export economy in the world. In 2014, Equatorial Guinea exported $11.6B and imported $2.2B, resulting in a positive trade balance of $9.4B.
Trade Agreements – Equatorial Guinea
Equatorial Guinea is one of Africa’s smallest countries, composed of a mainland and five islands, the largest of which contains the capital city, Malabo.
Equatorial Guinea Trade Agreements – World Trade Organization
Equatorial Guinea’s Working Party was established on 5 February 2008 but has yet to meet.
Housing and Rentals
Housing and Rentals in Equatorial Guinea
Housing and Rentals in the country of Equatorial Guinea.
Apartments in Equatorial Guinea
The best housing and apartments in Equatorial Guinea.
Travel to Equatorial Guinea – WIKI
Equatorial Guinea is a small country in West Africa, divided into two parts, the mainland and the islands.
Equatorial Guinea – World Travel Guide
Corruption, human rights abuses and political violence are frequently recorded, and despite huge oil wealth little has trickled down to the people, where real poverty still exists.
Equatorial Guinea Forums
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