Ivory Coast Payroll Outsourcing

Pay Your Talents in Guinea Compliantly

Seeking A Reliable Payroll Partner in Ivory Coast ?

With our Ivory Coast 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 Ivory Coast’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.

Ivory Coast Country Overview

The Ivory Coast or “Côte d’Ivoire” is a country that serves as a commercial hub for activities in Western Africa.  

Geographic location: The Ivory Coast borders the Atlantic Ocean, Guinea, Mali, Liberia, Burkina Faso, and Ghana.

Population: The has a wealth of human potential, with a population of over 27 million people who speak French as their official language.

Economy: The country’s economy relies largely on agriculture, which also accounts for more than 40% of local employment. Ivory Coast is the world’s biggest cocoa producer. Other exports include coconut, banana, fish, and refined petroleum. Additionally, the country is also rich in diamonds, cobalt, copper, and iron ores.

Payroll in Ivory Coast - What You Should Know

  • Population: 27,053,629
  • Gross Domestic Product (GDP): $69.76 B
  • GDP Growth (April 2021): 7.0%
  • Inflation, consumer prices: 4.1%
  • Foreign Direct Investment (% of GDP): 1.2%
  • Unemployment Rate: 3.5%
  • Capital: Yamoussoukro
  • Currency: West African CFA franc
  • Languages: French, Bété, Baoulé, Dioula, Dan, Anyin, and Cebaara Senufo

Employer Contribution

  • 7% of the employer’s payroll must be contributed to the CNPS Retirement Fund
  • 75% of the employer’s payroll must be contributed in relation to family allowances
  • 2-5% of the employer’s payroll must be contributed in relation to work injuries

Employee Contribution

  • 3% of the employee’s payroll must be contributed to the CNPS Retirement Fund
  • Value-added tax (VAT)

    The standard VAT rate is 18% in Ivory Coast – levied on both the sale of goods and services.

Paid Time-Off

Employees are generally entitled to 26 days of paid annual leave. This amount increases to 27 days after 5 years of service.

Sick Leave

In Ivory Coast, workers are generally entitled to 5 days of paid sick leave.

Maternity Leave

In Ivory Coast, women are entitled to a maximum of 14 weeks of paid maternity leave.

Paternity Leave

There is no statutory paternity leave in Ivory Coast.

Valid grounds for termination in Ivory Coast are as follow:

  • Expiration of a fixed-term contract
  • Agreement from both parties (the employee and the employer)
  • Force majeure

Employees who signed under an open-ended contract and/or for the temporary replacement of a worker can terminate their contract unilaterally – but only if they have worked for at least 6 months within the same company.

Notice periods in Ivory Coast are as follow:

  • 6 months of service: 8 days
  • 6 months-1 year of service: 15 days
  • 1-6 years of service: 1 month
  • 6-11 years of service: 2 months
  • 11-16 years of service: 3 months
  • >16 years of service: 4 months

Severance pay in Ivory Coast is regulated as follows:

  • 5 years of service: 30% of monthly wage
  • 6-10 years of service: 35% of monthly wage
  • >10 years of service: 40% of monthly wage
  • New Year’s Day (1st January)
  • Easter Monday (13th April)
  • Labor Day (1st May)
  • Laylat al-Qadr
  • Ascension Day (21st May)
  • Eid al-Fitr
  • Whit Monday (1st June)
  • Eid al-Adha
  • Cote d’Ivoire Independence Day (7th August)
  • Assumption of Mary (15th August)
  • Prophet’s Birthday
  • All Saints’ Day (1st November)
  • National Peace Day (15th November)
  • Christmas Day (25th December)

Ivory Coast Payroll Done The Easy Way. The Right Way.

12 Years of Experience

Over more than a decade, Africa HR Solutions has become a leading payroll service provider across Africa with a proven track record of success with over 400 clients across many industries.

Bulletproof Compliance

Ensuring your operations are carried out compliantly is a must. From country-specific regulations to government laws, we make sure your company is up to code with Africa's legislation at all times.

+44 Countries in Africa

Operating in more than 44 countries in Africa, our team of experts gathered the required knowledge and local expertise to handle your needs and demands - wherever, whenever.

Single Point of Contact

Avoid unnecessary headaches and mistakes thanks to our centralized services and manage everything from a single database. A single point of contact for all of your needs across the continent.

Maximize your ROI

It is cheaper to let a third-party organization handle your payroll than to do it yourself. By saving on the overall cost of payroll, you can reallocate your budget elsewhere to promote company growth.

Swift Payroll Implementation

With Africa HR Solutions you are one call away from implementing an accurate and timely payroll operation to ensure your talents are paid on time no matter where they are in Africa.

We Can Help. Just Tell Us How!

Related Services

Ivory Coast EOR

Onboard and pay your talents in Guinea without having to set up a legal entity with our extensive Employer of Record solutions.

Ivory Coast PEO

Outsource your payroll and benefits administration to us and get access to best in class advantages for your employees.

https://africa-hr.com/ivory-coast-hr-outsourcing/

We take care of your HR functions to help you save up on the overall cost and ensure your operations are carried out compliantly.

Countries We Cover

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.