Cape Verde Payroll Outsourcing

Pay Your Talents in Cape Verde Compliantly

Seeking A Reliable Payroll Partner in Cape Verde?

With our Cape Verde Payroll Outsourcing services, your talents are paid on time and without error! Our team at Africa HR Solutions also provides your company with much-needed guidance to ensure that your operations comply with Cape Verde’s Labor Code and tax policies. Over the years, we have played a pivotal role in the expansion of over 400 clients across Africa by providing reliable HR and payroll and cross-border payment outsourcing solutions.

Cape Verde Country Overview

Geographic location: Cape Verde is an archipelago composed of 10 islands and eight islets in the mid-Atlantic Ocean. It was named “Cabo Verde” by Portuguese explorers in 1444.

Population: Cape Verde has a small population of less than 600,000 people.  Most of the population are well skilled and are trilingual, speaking English, Portuguese and Cape Verdean Creole, doubtless an asset for investors looking to expand to the country.

Economy: Though there are few natural resources, a shortage of arable land, and a small population, the country has achieved economic stability, attributed to developments in commerce, transport, tourism, and public services, which account for about 75% of Cape Verde’s GDP. Cape Verde also supplements its economy through manufacturing food and beverages, shoes and garments, as well as fish processing and salt mining.

Payroll in Cape Verde - What You Should Know

  • Population: 561,901
  • Gross Domestic Product (GDP): $1.94 B
  • GDP Growth (April 2021): 7.0%
  • Inflation, consumer prices: 1.9%
  • Foreign Direct Investment (% of GDP): 2.9%
  • Unemployment Rate: 15.4%
  • Capital: Yaoundé
  • Currency: Cape Verdean escudo
  • Languages: Portuguese, English, Cape Verdean Creole

Employer Contribution

  • 15.00% of the employer’s payroll must be contributed to social security.

Employee Contribution

  • 8.00% of the employee’s payroll must be contributed to social security.

Value-added tax (VAT)

Cape Verde’s VAT system is similar to the European Union (EU) VAT system and is set at a rate of 15%.

Goods that are deemed superfluous or luxurious by the government are subjected to a special consumption tax ranging from 10% to 150%.

Paid Time-Off

Employees in Cape Verde are generally entitled to a minimum of 22 days of paid annual leave.

Sick Leave

In Cape Verde, workers are entitled to 30 days of sick leave, but this must be justified by providing a medical certificate.

Should an employee’s illness exceed 30 days, the employee shall be subject to an examination by the Health Board.

Maternity Leave

In Cape Verde, women are entitled to a maximum of 60 days of paid maternity leave paid at 80% of their regular wage.

Paternity Leave

In Cape Verde, men are entitled to parental leave equal to the mother in the event of the mother being unable to cater to the needs of the child (physical incapacity/death).

  • In Cape Verde, prior notice should be given to the employee depending on the length of service and on the type of agreement in force.
  • The minimum notice period is 15 days, and the maximum is 2 months.
  • Only fixed-term employment agreements can be terminated by the employer on notice.
  • Termination can be mutually agreed upon between employer and employee at will and under the proper conditions.
  • Severance payments are calculated according to the seniority of the employee and the grounds for termination.
  • It should be noted that termination with just cause does not entitle the employee to a severance payment in Cape Verde
  • New Year’s Day (1st January)
  • Democracy Day (13th January)
  • Heroes’ Day (in Cape Verde) (20th January)
  • Carnival (25th February)
  • Ash Wednesday (26th February)
  • Labor Day (1st May)
  • Children’s Day (1st June)
  • Cape Verde Independence Day (5th July)
  • Assumption of Mary (15th August)
  • All Saints’ Day (1st November)
  • Christmas Day (25th December)

Cape Verde Payroll Done The Easy Way. The Right Way.

12 Years of Experience

Over more than a decade, Africa HR Solutions has become a leading payroll service provider across Africa with a proven track record of success with over 400 clients across many industries.

Bulletproof Compliance

Ensuring your operations are carried out compliantly is a must. From country-specific regulations to government laws, we make sure your company is up to code with Africa's legislation at all times.

+44 Countries in Africa

Operating in more than 44 countries in Africa, our team of experts gathered the required knowledge and local expertise to handle your needs and demands - wherever, whenever.

Single Point of Contact

Avoid unnecessary headaches and mistakes thanks to our centralized services and manage everything from a single database. A single point of contact for all of your needs across the continent.

Maximize your ROI

It is cheaper to let a third-party organization handle your payroll than to do it yourself. By saving on the overall cost of payroll, you can reallocate your budget elsewhere to promote company growth.

Swift Payroll Implementation

With Africa HR Solutions you are one call away from implementing an accurate and timely payroll operation to ensure your talents are paid on time no matter where they are in Africa.

We Can Help. Just Tell Us How!

Related Services

Cape Verde EOR

Onboard and pay your talents in Cape Verde without having to set up a legal entity with our extensive Employer of Record solutions.

Cape Verde PEO

Outsource your payroll and benefits administration to us and get access to best in class advantages for your employees.

Cape Verde HR Outsourcing

We take care of your HR functions to help you save up on the overall cost and ensure your operations are carried out compliantly.

Countries We Cover

In the last 10 years, the scenario surrounding compliance in African countries has changed dramatically. Africa HR Solutions understands this and has become a major player in the African payroll market.