With our Guinea-Bissau 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 Guinea-Bissau’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: Guinea-Bissau is a West African country bordering Guinea and Senegal.
Economy: It uses a traditional economic system. As such, the country relies heavily on fishing and farming as the main source of income. Guinea-Bissau is also rich in minerals such as granite, phosphates, bauxite, clay, limestone, and unexploited petroleum reserves.
Unfortunately, Guinea-Bissau’s government can be ineffective, making the country one of the world’s poorest and most fragile nations.
Despite its poor economic standing, Guinea-Bissau’s strategic location, natural beauty, tourism development, and import-export represent major business opportunities for investors.
Your company’s next milestone may just be in Guinea-Bissau. Africa HR Solutions can provide your company with much-needed guidance to ensure that your operations comply with Guinea-Bissau’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.
Employees do not contribute to social security in Guinea-Bissau
Value-added tax (VAT)
The standard VAT rate is 15% in Guinea-Bissau.Exports are zero-rated in the country.
Employees are generally entitled to 21 days of paid annual leave.
In Guinea-Bissau, workers are entitled to at least 5 days of paid sick leave.
In Guinea-Bissau, women are entitled to a maximum of 60 days of paid maternity leave.
There is no statutory paternity leave in Guinea-Bissau.
There is no notice period for dismissal in Guinea-Bissau.
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.