Central African Republic (CAR)
AFRICA HR SOLUTIONS IN CENTRAL AFRICAN REPUBLIC
Home to the amazing African wildlife in the world, welcome to the Central African Republic (CAR), a landlocked country bordering Cameroon, Chad, Sudan, the Republic of Congo and Democratic Republic of Congo. It is a country with an amazing unique beauty, currently one of the best places in the world. The Central African Republic has a population of 5 million inhabitants and is set to increase till the beginning of 2017.
HOW CAN WE SIMPLIFY DOING BUSINESS IN CENTRAL AFRICAN REPUBLIC?
Even if doing business in Central African Republic (CAR) looks complex and despite the modest economy, growth remains positive. As your Employer of Record, Africa HR Solutions Ltd ensure employers have the appropriate assistance and guidance they need for all aspects of compliance. We serve as the employer for taxes while employees perform their work for different companies. A number of tasks are attributed to the Employer of Record to perform. They are:
- Payroll Processing and funding
- Tax Fillings
- Employment contracts
- International Outsourcing
- Payroll Outsourcing
- Employee Issues
- Unemployment Insurance
- Employee terminations
- Employment paperwork
Here at Africa HR, we offer a Professional Employment Outsourcing (PEO) facility. We provide businesses with wide range of human-resources services which includes:
- Human Resources Management
- Salary Surveys
- Payroll Administration and processing
- Immigration Solutions
- Recruiting and Outplacement support
- Government Compliance
Main Exports
- Gold
- Rough wood
- Coffee
- Tobacco
- Timber
Main Imports
- Rice
- Delivery trucks
- Cars
- Palm Oil
- Plastic
- Raw sugar
Main trading partners
- China
- Indonesia
- Morocco
- France
- United States
Gross Domestic Product (GDP)
- $2.9 billion
- 0% growth
- -4.9% 5-year annual growth
- $607 per capita
Unemployment Rate: 7.4%
Global Ranking in Economy Progress 2016: 168th
Capital
Bangui is official capital city of the Central African Republic. Founded by the French colony, Bangui has a significant place in the heart of locals. Known for being a busy and lively city, the central market is located in the heart of the town. Bangui has traditional residential areas and is home to the breath-taking Presidential Palace with its amazing scenic views.
Currency
Central African CFA franc
Languages
French is the official language in the country while Sango, an indigenous language is the national dialect. The French language is used for education, administration, commerce and for political purposes.
Economy
Marginal farming, forestry and agriculture are the largest sectors in Central African Republic and contributes to half of the gross domestic product; employing the majority of the population. The main crops are: timber, coffee, tobacco and cotton. The mining industry is as well an important for the economy: diamond mining, gold mining which is an important export in the country, distilleries and the manufacturing of textiles.
Interesting Fact about Central African Republic:
Wildlife enthusiasts we be interested to know that Central African Republic is home to several endemic species including the Oubangui Mouse, the Skink (a snake like reptile), the Sangha Forest Robin and the Sternfield River Frog!