DoubleTaxationTaxes on salary: Guatemala preliminary data
How much income tax and social contributions are paid on a salary in Guatemala, what a sole proprietor and a company pay, and which special regimes exist. Preliminary data.
Preliminary data: headline rates from official sources and bulletins of international organisations, without reliefs or special rules; being refined.
Calculation for a gross salary of €60,000 per year
| Gross salary | GTQ 539,014 ≈ €60,000 |
|---|---|
| Income tax | GTQ 26,337 ≈ €2,932 |
| Employee contributions | GTQ 26,034 ≈ €2,898 |
| Take-home pay | GTQ 486,643 ≈ €54,170 |
| Employer contributions and payroll taxes | GTQ 57,513 ≈ €6,402 |
| Employer's labour cost | GTQ 596,527 ≈ €66,402 |
Only some of the country's direct taxes and levies are counted: income tax on wages and compulsory contributions. Not counted: property and real-estate taxes; taxes on dividends, interest and other investment income; inheritance and gift taxes; indirect taxes such as VAT, excise and customs duties.
Taxes for sole proprietors and companies
Tax and contributions on the profit for a year; expenses are 10% of revenue, the company pays its profit out to the owner. Reliefs and local taxes are not included.
| Annual revenue | €30,000 GTQ 269,507 | €60,000 GTQ 539,014 | €120,000 GTQ 1,078,029 |
|---|---|---|---|
| Sole proprietor | GTQ 60,639 25.0 % | GTQ 121,278 25.0 % | GTQ 242,556 25.0 % |
| Company | GTQ 69,735 28.7 % | GTQ 139,470 28.7 % | GTQ 278,940 28.7 % |
| Sole proprietor · Régimen Opcional Simplificado sobre Ingresos de Actividades Lucrativas | GTQ 13,475 5.6 % | GTQ 30,531 6.3 % | GTQ 68,262 7.0 % |
| Sole proprietor · Régimen de Pequeño Contribuyente (IVA) | above the regime's limit | above the regime's limit | above the regime's limit |
Special tax regimes
There are no special regimes for individuals.
Tax residence
The tax residence check does not cover Guatemala yet.
Assumptions
- Calculated with the OECD Taxing Wages methodology: income tax including local taxes plus employee social security; single person without children, tax year 2026, ECB rate of 2 January 2026.
- Exchange rate: 1 EUR = 8.983572 GTQ (Banco de Guatemala — tipo de cambio de referencia (TCR, Res. JM-126-2006), last day of 2025; 2 Jan 2026 value not retrievable, 2025-12-31) ↗
Sources
- IGSS — Portafolio de Servicios 2025 (distribution of contributions)
- SAT — Decreto 10-2012, Ley de Actualización Tributaria (consolidated): arts. 36 (25%), 44 (simplified 5%/7%), 72 (Q48,000 + IGSS deductible), 73 (5%/7%), 93 (dividends 5%)
- SAT — Decreto 13-2026 (Diario de Centro América, 15 May 2026): art. 4 extra deduction Q3,024 for 2026; from 2027 deduction = 12 non-agricultural minimum wages
- Congreso de la República — Decreto 4-2012: IVA law arts. 45-47 (pequeño contribuyente, Q150,000, 5%)
Data checked: 2026-11-08. An indicative calculation for a typical case. Not tax advice.