Guyana’s 50% profit-oil share and the 39.8% production figure explained
Guyana receives 50% of Stabroek profit oil. Here is why that currently equals about 39.8% of total production, plus a separate 2% royalty.
Category: Invest Guyana Explains
PAYE and NIS Explained: Two Employer Systems, Two Different Obligations
The same payroll can create two different employer obligations. PAYE belongs to income-tax administration; NIS belongs to social insurance.
Annual Returns and Tax Returns Are Not the Same Thing
Two documents can both be described as annual and still answer completely different questions. A company annual return keeps the corporate record current; a tax return reports the company’s tax position.
Beneficial Ownership Explained: Who Must Be Identified and Why?
A company can have registered shareholders, directors and authorised representatives without those records fully revealing the natural persons who ultimately own or control it. Beneficial-ownership information is intended to close that gap.
Investment Incentives Explained: What Qualifies and Who Decides?
Investment incentives are not automatic. Learn how eligibility, institutional review, written approval and continuing compliance shape incentive decisions in Guyana.
Business Registration Explained: What a Registration Certificate Does—and What It Does Not
Business registration establishes an enterprise’s official identity, but it does not replace tax, employment, premises or sector-specific approvals.
Building and Planning Approvals Explained: Why Owning Land Is Not Permission to Build
Owning land does not automatically authorise construction. Learn how planning permission, building approval and specialist reviews shape development in Guyana.
Importing and Customs Explained: What Happens Before Goods Are Released?
Commercial imports require more than shipping documents. Learn how classification, valuation, licences, duties and customs clearance work in Guyana.
Land Registration Explained: Why Every Property Does Not Follow the Same Path
Guyana uses more than one land-registration system. Learn why transports, certificates of title and public-land leases can follow different legal paths.
Tax Administration Explained: What Happens After a Business Registers?
Registering a business is only the beginning of tax compliance. Learn how TINs, returns, records and recurring obligations shape tax administration in Guyana.