Temporary exemptions from import duties are accorded to those importers fulfilling government contracts. At the end of the contract period, or after three years, items must be exported, or the company and the government agree on a fixed rate total tax (which is less than paying each of the different duties separately). A fee of 0.50 percent of the value of the merchandise will be levied on goods in transit through Guinea to support a national insurance fund as part of the Economic Community of West African States’ (ECOWAS) road transit agreement.
Temporary Entry
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