From complexity to confidence: EY Guyana expands footprint while leading discussion on tax readiness

In brief

• EY Guyana continues to expand its local presence, with more than 55 Guyanese professionals and strengthened capabilities across audit, tax, business transformation, and EY Parthenon.
• The firm recently hosted a tax readiness forum aimed at helping businesses navigate Guyana’s evolving regulatory landscape.
• This reflects EY’s ongoing investment in local capacity and its role in supporting sustainable economic growth.

Georgetown, Guyana — EY Guyana continues to deepen its investment in the local market, growing its team to more than 55 Guyanese professionals while expanding its service offerings across audit, tax, business transformation, and EY Parthenon, previously known as Strategy and Transactions. As Guyana’s economy evolves at pace, the firm is strengthening its ability to support both local and international clients with the insight, structure, and expertise required to operate confidently in an increasingly complex environment.

This growth reflects a deliberate focus on building local capability while bringing global standards and experience to the Guyanese market. With a strong understanding of the local business landscape and active engagement across key sectors, EY Guyana continues to support organizations as they navigate change, manage risk, and unlock long-term value.

As Guyana continues its rapid economic expansion, EY Guyana recently convened business leaders, tax professionals, and industry stakeholders for a tax readiness forum focused on helping organizations navigate the country’s evolving tax landscape with greater clarity, control, and confidence.

The forum brought together a cross-section of the private sector to share practical insights and experiences, while reinforcing the importance of collaboration in supporting sustainable national development.

Clarity: understanding tax obligations

Discussions led by senior leaders of EY Guyana’s tax team explored key considerations across both corporate and individual taxation, with a particular focus on building practical understanding and confidence in navigating tax obligations.

“When companies have a clear understanding of the dispute process and access to the right advice, they are better positioned to engage confidently and constructively,” said Gail Marks, Executive Director at EY Guyana. “Our role is to help clients navigate requirements in a practical way, so issues can be addressed fairly and efficiently.”

Participants also examined the importance of timely and accurate compliance, as well as how tax obligations may differ across industries, employment arrangements, and residency status. Practical examples were shared to help organizations better interpret requirements, assess risk, and plan with greater confidence.

“As Guyana grows, clarity and consistency in the tax system are essential to sustaining investor confidence,” said Colin Ramsey, Partner at EY Guyana. “Forums like this play an important role in helping businesses stay informed, make sound decisions, and prepare for what lies ahead.”

Control: strengthening tax management and governance

A key focus of the forum was the role of strong governance, documentation, and internal processes in managing tax matters effectively. Discussions highlighted the importance of maintaining organized records, engaging proactively with relevant authorities, and responding within established timeframes.

Participants also considered how structured internal approaches can support smoother interactions and reduce disruption, particularly as businesses expand their operations in Guyana’s fast-growing economy.

Confidence: supporting growth through predictability

An industry perspective was shared during a plenary session, highlighting the importance of a clear and consistent tax environment in enabling long-term investment decisions.

The session explored how ongoing enhancements across the tax landscape—including more streamlined processes and increased engagement—continue to support business confidence, operational planning, and sustainable growth.

Preparing for what’s next

Guyana’s recent growth has transformed the economic landscape, creating new opportunities for both local and international businesses. As this momentum continues, participants emphasized the importance of staying informed, strengthening internal systems, and aligning with evolving regulatory requirements.

The forum reinforced that effective tax management is a key component of resilience and long-term value creation. As Guyana continues its development trajectory, collaboration between government, industry, and advisors remains critical.

EY Guyana reaffirmed its commitment to supporting clients and stakeholders in building a transparent, efficient, and investment-friendly environment that contributes to long-term economic development.

For more information:

• Nicholas Yearwood, Assistant Director | Brand, Marketing and Communications - nicholas.yearwood@gy.ey.com
• Nneka Parsanlal, Supervising Associate | Brand, Marketing and Communications - nneka.parsanlal@tt.ey.com

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