EQUATORIAL GUINEA Payroll Outsourcing
Pay Your Talents in Equatorial Guinea Compliantly
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Pay Your Team in Equatorial Guinea.
On Time. Everytime.
Ensure your team in Equatorial Guinea is paid accurately and on time with our Payroll Outsourcing services. Gain expert support to keep your operations fully compliant with Equatorial Guinea's Labour Code and tax regulations.
- Pay anyone in Equatorial Guinea - no matter the currency.
- Manage employee benefits easily. Get the support you need to navigate employee contributions in Equatorial Guinea.
Flexible Payroll Solutions in Equatorial Guinea.
Payroll solutions that adapt to your needs whether you are established or growing in Equatorial Guinea.
Equatorial Guinea Payroll expertise at your fingertips
Over more than a decade, Africa HR Solutions has become a leading payroll service provider in Equatorial Guinea and across Africa with a proven track record of success with over 400 clients across many industries.
A single point of contact
Avoid unnecessary headaches and mistakes – manage everything from a single point of contact. Your dedicated account manager is always available to assist with any queries you may have.
Self service portal for your talents in Equatorial Guinea
Give your team the tools they need to easily manage their payslips, leave allowances, and other claims. Powered by SAGE, the employee self-service portal will make their lives easier.
100% Compliant payroll operations
Ensuring your operations are carried out compliantly is a must. From country-specific employee contribution to tax policies, we make sure your company is up to code with Equatorial Guinea’s legislation at all times.
Equatorial Guinea Country Overview
Geographic location: Equatorial Guinea Central African country comprising some volcanic islands and the Rio Muni mainland which borders Gabon and Cameroon, Equatorial Guinea is a country where the citizens engage in subsistence agriculture.
Economy: The country is rich in arable land and mineral resources, including gold, oil, uranium, diamond, and most significantly, petroleum. The latter accounts for a majority of Equatorial Guinea’s exports and contributes most of Equatorial Guinea’s GDP. Increased investment into the country’s agricultural sector, and subsequent demand for jobs, has led to a steady improvement in standards of living.
Your company’s next milestone may just be in Equatorial Guinea. Africa HR Solutions can provide your company with much-needed guidance to ensure that your operations comply with Equatorial Guinea’s Labor Code and tax policies. Over the years, we have played a similar pivotal role in the expansion of over 400 clients across Africa by providing reliable payroll and employment outsourcing solutions.
Payroll in Equatorial Guinea - What You Should Know
- Population: 1,449,891
- Gross Domestic Product (GDP): $12.27 B
- GDP Growth (April 2021): -0.9%
- Inflation, consumer prices:4.8%
- Foreign Direct Investment (% of GDP): 5.2%
- Unemployment Rate:9.2%
- Capital: Malabo
- Currency: Central African CFA franc
- Languages: Spanish, Portuguese, French
Employer Contribution
- 7% of the employer’s payroll must be contributed to social security.
Employee Contribution
4.00% of the employee’s payroll must be contributed to social security.
Value-added tax (VAT)
The standard VAT rate is 10% in Djibouti.
Paid Time-Off
Employees are generally entitled to 30 days of paid annual leave in Djibouti.
Sick Leave
For the first 29 days of illness/disability, a worker in Djibouti is entitled to receive half of their regular wage. After 29 days, they are then entitled to receive 75%.
Maternity Leave
In Djibouti, women are entitled to a maximum of 14 weeks of paid maternity – 8 of which must be taken before the birth and the remaining, postpartum.
Paternity Leave
In Djibouti, men are entitled to 3 days of paid paternity leave.
An employer can terminate a worker’s contract for:
- Personal reasons (if the employee’s health is compromised, for example).
- Grave misconduct – as defined by any of the nine cases clearly stated in article 59 of the Labor Code or by the company’s regulations.
Under Djibouti’s Labor Code, the employer is required to provide at least one month’s notice to their employees. The notice period is extended to not more than three months for supervisors or any similar positions of responsibility.
In Djibouti, the damages and interest payable in respect of a termination of the contract without just reason can vary between two and six months’ salary depending on the size of the company.
The employer must pay 12 months’ salary if staff representatives are dismissed without the authorization of the labour inspectorate.
However, if the ground of termination invoked constitutes a real and serious reason, even without observance of the usual forms of notice, a labour tribunal may require the employer to pay compensation which will not exceed one month’s salary.
- New Year’s Day (1st January)
- Prophet’s Ascension
- Labor Day (1st May)
- Eid al-Fitr
- Independence Day (28th June)
- Day of Arafat
- Eid al-Adha
- Islamic New Year
- Prophet’s Birthday
- Christmas Day (25th December)
Seeking a Reliable Payroll Partner in Equatorial Guinea?
Pay your talents are paid on time and without error! Our team at Africa HR Solutions also provides your company the guidance you need to ensure that your operations comply with Equatorial Guinea’s labour 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.
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While the content presented on this webpage is accurate as of the time of publication, it is imperative to recognise that the content is provided solely for informational purposes and does not constitute legal and/or tax advice. To obtain the most current and precise guidance, it is essential to verify specific details related to employment or compliance with our experts or consult your own legal and/or tax advisor(s). Africa HR Solutions Ltd. explicitly does not offer legal or tax advice. The information provided is general in nature, not tailored to a specific company or workforce, and does not reflect the service delivery of Africa HR Solutions in any given jurisdiction. Africa HR Solutions makes no representations or warranties regarding the accuracy, completeness, or timeliness of this information and disclaims any liability arising out of or in connection with it, including any loss resulting from the use of or reliance on the information.