Guyana
AI Agent Legal Status: undefined · Autonomy: none
Legal Framework
Guyana is experiencing rapid economic growth from oil discoveries but has minimal digital or AI regulatory infrastructure. The Bank of Guyana regulates financial services. No AI-specific or comprehensive crypto legislation. Common law legal system based on English law.
Key Laws & Regulations
- ◆Bank of Guyana Act
- ◆Anti-Money Laundering and Countering the Financing of Terrorism Act
- ◆Electronic Communications Act (draft)
Business Formation
Companies registered under the Companies Act with the Deeds and Commercial Registries. English common law system. Limited provisions for digital entities. Process is straightforward but slow.
Tax Implications
Corporate income tax at 25% (commercial) or 40% (non-commercial). VAT at 14%. Oil revenue transforming national economy. No crypto-specific tax framework. Limited double taxation treaties.
Opportunities
Oil wealth creating potential for massive infrastructure investment. Government has resources to develop digital frameworks. English-speaking with common law system. Untapped market.
Highlights
Fastest-growing economy in the world due to offshore oil. English common law system. Significant government revenue available for infrastructure development.
Risks & Challenges
Minimal technology regulatory framework. Very limited tech ecosystem. Infrastructure underdeveloped. Dutch disease risk from oil dependence. Small population and limited talent pool.