Equatorial Guinea History, Economy, and Culture

A small country on the west coast of Africa, Equatorial Guinea is a former Spanish colony that is one of sub-Saharan Africa’s largest oil producers. Its capital is Malabo which is located on one of the five islands, including the mainland, making up its territory.

The discovery of oil in the mid-1990s caused a surge in government revenue but has, unfortunately, not translated into equitable wealth amongst its population. The majority of its people are Bantu and its largest ethnic group are the Fang. Spanish is an official language and indigenous languages include Fang and Bube.

2021
April 2Good Friday
May 1Labor Day / May Day
June 3Corpus Christi
June 5President’s Day
August 3Freedom Day
August 15Constitution Day
August 16Constitution Day observed
October 12Independence Day
December 8Feast of the Immaculate Conception
December 25Christmas Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: N/A
  • Income Tax (Lowest Marginal Rate): N/A
  • Income Tax (Highest Marginal Rate): N/A
  • VAT/GST/Sales Tax: N/A
  • Al Ahli Bank Of Kuwait (ABK-Egypt) (Commercial Bank)
  • Banque du Caire (Commercial Bank)
  • BGFIBank Equatorial Guinea (BGFIBank-EG) (Commercial Bank)
  • Commercial Bank Guinee Equatoriale (CBGE) (Commercial Bank)
  • Caisse Commune d’Epargne et d’Investissement Guinée
  • Equatoriale (CCEI) (Commercial Bank)
  • TALLINNA ÄRIPANGA AS (Commercial Bank)
  • AS Inbank (Commercial Bank)
  • AS LHV Pank (Commercial Bank)
  • AS SEB Pank (Commercial Bank)
  • Swedbank AS (Commercial Bank)
  • Bigbank AS (Commercial Bank)
  • Luminor Bank AS (Commercial Bank)
  • Versobank AS (Commercial Bank)
  • BIGBANK (State Bank)
  • Coop Pank (State Bank)
  • TF Bank AB (publ.) Eesti filiaal (State Bank)
  • Inbank (State Bank)
  • AS UniCredit Bank Eesti filiaal  (State Bank)
  • Danske Bank A/S Eesti filiaal (State Bank)
  • Tallinna Äripank (State Bank)
  • Versobank SA (State Bank)
  • Folkefinans AS Eesti filiaal (State Bank)
  • Nordea Bank AB Eesti filiaal  (State Bank)
  • OP Corporate Bank plc Eesti filiaal (State Bank)
  • Scania Finans AB Eesti filiaal (State Bank)
  • Svenska Handelsbanken AB Eesti filiaal (State Bank)

Aadmi can support you with your expansion to Equatorial Guinea. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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