With our Egypt 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 Egypt’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.
Located in the north-eastern corner of Africa, Egypt is without a doubt one of the continent’s most important economic heavyweights.
Geographic location: Bordered to the northeast by Palestine and Israel, the Red Sea to the east, Sudan to the south and Libya to the west, Egypt positions itself as a regional trade hub.
Population: Egypt’s population of 104 million people with a strong educational background give the country a robust workforce, ready to work on new projects.
Economy: Overall, Egypt enjoys political stability, benefits from its proximity to Europe, and from its rising exports, all of which contribute to the robustness of its local currency.
Egypt’s economy relies mainly on agriculture, media, petroleum imports, natural gas, and tourism, with petroleum, natural gas, phosphates, and iron being among the country’s chief natural resources, in addition to the Nile Valley and Delta’s potential for agriculture. In 2017, agriculture contributed 11.7% to GDP, industry contributed to 34.3% and services amounted to 54% of GDP.
Despite an economic backlash caused by the pandemic, Egypt’s trade market displayed an 18.1% increase from 2020 to 2021 to a value estimated at $9.1 billion.
From an investor’s standpoint, Egypt is secure, enjoys a good reputation and has strong backing from outside parties.
Value-added tax (VAT)
The standard VAT rate is 10% in Egypt.
Employees are generally entitled to 21 days of paid annual leave in Egypt. Once they accumulate 10 years of service for the same employer, they are then entitled to 30 days.
Sick leaves in Egypt are payable for up to 180 days at 75% for the first 90 days, increased to 85% for the following 90 days.
In Egypt, women are entitled to a maximum of 90 days of paid maternity. Under most contracts in the country, women are only eligible for maternity leave twice within 5 years.
There is no statutory paternity leave in Egypt.
According to Article 69 of Egypt’s Labor Code, an employer cannot terminate an employee unless the worker breaches the contract by committing a “grave fault”.
“Grave fault” may include the following:
The severance compensation must be equal to one month’s wage for each of the first 5 years of service, and one-and-a-half months for each following year.
Should an employee be dismissed without a justified cause, the employer shall then be liable to compensation of the employee for no less than two months’ full salary for each year of service in addition to accrued leaves and other benefits.
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.
Grant Geraghty is the longest-serving member of the Africa HR team. This resident subject matter expert and client champion is responsible for gaining a deep understanding of our clients’ unique HR needs in Africa and providing tailored solutions that align with their business objectives. Grant collaborates closely with our clients to ensure that their requirements are properly implemented, providing ongoing support and guidance throughout the process.
Grant brings a wealth of experience to his role, having served as Africa HR’s longest-serving employee. He holds a Bachelor of Commerce degree, with a major in Economics and Business Finance, from the University of Natal in South Africa. Additionally, he has completed a certification program in Payroll and Tax Administration from the University of Cape Town, further enhancing his expertise in HR operations and compliance.
His commitment to delivering exceptional service and his extensive knowledge of HR in Africa make him an invaluable member of the Africa HR team.
Kevina Takoordyal has a BA Hons Business Management from the University of Glamorgan, UK, with MBA in leadership and Innovation, MBA General, PMP Certified, and Agile Scrum Master. She currently works as the Head of Operations at Africa HR Solutions Ltd with more than 20 years of proven leadership capabilities in Operations, Business Development, People Management, Process Optimization, and Project Management in the Financial Services, BPO, Banking Industry, and Heath Care Industry. In Senior leadership roles with an international footprint across Europe working and extensive Pan- African experience from a compliance, finance, and operations angle, Kevina comes across with a panoply of cross-functional skills. Kevina also serves on a few Boards, Non-Independent Executive at MioD and for NGOs on a voluntary basis, a coach and mentor to aspiring female leaders across Africa and Mauritius.
Kevina is a firm believer in Servant Leadership with a strong focus and commitment to uplifting others, with the ability to deliver through a highly engaged – diverse team, and works towards consistently synergistic value creation. While being a focused and adaptive thinker and Kevina is actively participating in panel discussions on Innovation, CX, Digital transformation.
Kevina serves as Project Assessor for the National Youth upskilling program. She has been recognized as Global Talent in a few companies, Ceridian, and International SOS Ltd whereby she has been awarded a few scholarships and had the opportunity to be mentored by Senior Vice President in the US. Award Winner in various fields and at a national level and recognized including Super Achiever Leader Award in Africa in 2016, Awarded Africa Women Leader 2018.
Viloshna is an experienced finance professional with 18 years of expertise in strategic financial planning, financial analysis, cash flow management, systems and controls implementation, financial reporting, and continuous process improvements. She currently serves as Head of Finance & Business Support, where she has successfully automated and leveraged the financial reporting system capabilities to ensure efficient company operations.
Viloshna’s background includes senior roles in a multinational pharmaceutical company and a large listed Mauritian conglomerate. Her meticulous attention to detail and strategic thinking have streamlined financial processes, making her a valuable addition to any finance team. Viloshna is a qualified finance professional with an FCCA qualification and an MBA, bringing valuable expertise to any organization.
In her current role, Viloshna leads the company’s Treasury and Payments function, including the fulfillment of the company’s cross-border payments into Africa. With her strong educational background and extensive experience, Viloshna consistently demonstrates her ability to optimize financial operations, minimize risks, and improve profitability. Her expertise in financial reporting and process improvements make her a valuable asset to any organization.
A qualified lawyer who joined Africa HR Solutions in July 2020, Mark Du Preez has experience working in private practice for a reputable law firm in South Africa. He also played commercially focused roles at a leading private bank, wealth management company, and outsourcing firm in South Africa and Mauritius.
Mark has played a pivotal role in Africa HR Solution’s risk mitigation strategy, which positively impacted P&L performance over the years.
He currently leads the Partnerships function of the company including relationships and oversight with in-country partners (ICPs) across Africa.
Alex has more than 15 years of experience in the global, strategic development of both enterprise and consumer brands in categories including technology, transport, enterprise software, entertainment, and travel.
With experience in roles on both agency and corporate side, he has worked across international brands and has led the development and execution of multi-discipline campaigns across EMEA, NORAM and Asia Pacific.
His focus is on driving meaningful business impact through brand differentiation and building high-functioning, digitally oriented, and analytically driven capabilities. He is motivated by working with, and developing dynamic people, teams, and organizations.
He leads, manages, develops and mentors the Key Account Management department, including line management responsibility for the team of Key Account Managers and Key Account Administrator who represent the Company as the primary communication link between all relevant stakeholders, including clients, third party in-country partners and internal functions.
Originally from Mauritius, he holds bachelor’s degrees in International Business, Finance and Management from the University of Nevada, Reno.