Subject to the satisfaction of their obligations set forth in Article 184 of this Code, all holders of Mining Titles are guaranteed free repatriation abroad of dividends and income from invested capital, as well as the proceeds of liquidation or sale of their assets.
However, profits distributed by a Guinean company to non-residents are subject to withholding and at the rate set forth in Article 189 of the General Tax Code, subject to the preferential rates for income derived from investments for the mining sector, set forth in Article 176 of this Code, or tax treaties which offer a more favorable rate. This withholding is to be liquidated by the Guinean company making the distribution.
Foreign workers residing in the Republic of Guinea and employed by holders of a Mining Title or Authorisation, are guaranteed the free conversion and repatriation to their home country of all or part of their salaries or other forms of remuneration due to them, subject to their income and other taxes having been paid in accordance with the provisions of this Code and the General Tax Code.