EGYPT
HR Outsourcing Solutions
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About Egypt
Page Last Updated: 28/05/2024
Egypt, a pivotal hub in North Africa and the Middle East, presents a wealth of business opportunities due to its diverse economy and strategic position. If your company intends to expand into Egypt but needs guidance on local laws, customs, or employment procedures, Africa HR Solutions is here to help. We offer comprehensive outsourcing support to facilitate a seamless and compliant expansion, ensuring timely payment of your employees in any currency.
Population: 107.79 M
Gross Domestic Product (GDP): $4.36 B
GDP Growth: 6.5%
Inflation: 32.5%
Foreign Direct Investment (% of GDP): 2.39%
Unemployment Rate: 6.90%
Capital: Cairo
Currency: Egyptian Pound (EGP)
Languages: Arabic
Gross Domestic Product (GDP): $4.36 B
GDP Growth: 6.5%
Inflation: 32.5%
Foreign Direct Investment (% of GDP): 2.39%
Unemployment Rate: 6.90%
Capital: Cairo
Currency: Egyptian Pound (EGP)
Languages: Arabic
Egypt Payroll at a Glance
Currency
Egyptian Pound (EGP)
Income Tax
0% – 25%
Employer Taxes
18.75%
Employee Contribution
11%
Fiscal Year
1 July – 30 June
Date Format
dd/mm/yyyy
- The official language is Arabic. English and French are also widely understood and used, especially in business and education.
- Egypt has a mixed economy with agriculture, industry, and services sectors. Key industries include tourism, textiles, food processing, chemicals, pharmaceuticals, hydrocarbons, and construction.
- Egypt has a desert climate with hot, dry summers and mild winters. Rainfall is minimal and occurs mainly in the winter months.
- Egypt is known for its ancient civilisation and some of the world’s most famous monuments, including the Pyramids of Giza, the Sphinx, and the temples of Luxor and Karnak.
- Egypt has several UNESCO World Heritage Sites, including Ancient Thebes with its Necropolis, Historic Cairo, and the Nubian Monuments from Abu Simbel to Philae.
- Coptic Christmas
- Revolution Day
- Public Holiday
- Coptic Easter Sunday
- Sham El Nessim
- Sinai Liberation Day
- Labour Day
- End of Ramadan
- Revolution Day
- Revolution Day
- Eid Al Adha
- El Hijra
- Armed Forces
- Al-Mouled Al-Nabawy
Trusted by Inspiring Changemakers.
Africa HR Solutions is for us everything what we have hoped for. Customer- and people oriented, fast and always willing to think along and find the best possible solution. We get professional services and an exceptional single point of contact.
Mirèl SoerNutreco - Middle-East & Africa 
Africa HR Solutions has been a great partner to our organisation, allowing us to quickly expand and operate in new markets while they flag and support management of compliance and risk issues. We now use Africa HR Solutions for support in some capacity in 8 of our geographic locations.
Hilary HanbidgeDirector - VillageReach 
Africa HR Solutions has taken the stress out of compliance - we no longer have to worry about changing regulations. Their team is professional, knowledgeable, and always available. Payroll runs smoothly, which saves us valuable time and our staff appreciates being paid on time! Kudos to the team!
SheilaDirector - Non-Profit Organisation 
Africa HR Solutions is responsive, proactive, and accommodating, even with the time difference. In fact, it works in my favor—they have time to handle tasks before I start my day. Our payroll, especially in Senegal, is complex, but their attention to detail and willingness to go the extra mile definitely stand out.
AldoPayroll and Data Manager - Non-Profit Organisation 
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