With our Equatorial Guinea 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 Equatorial Guinea’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.
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.
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.
Employees are generally entitled to 30 days of paid annual leave in Djibouti.
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%.
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.
In Djibouti, men are entitled to 3 days of paid paternity leave.
An employer can terminate a worker’s contract for:
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 labor inspectorate.
However, if the ground of termination invoked constitutes a real and serious reason, even without observance of the usual forms of notice, a labor tribunal may require the employer to pay compensation which will not exceed one month’s salary.
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.