SÃO TOMÉ AND PRÍNCIPE
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Delegate Your HR Functions To Us in São Tomé and Príncipe​

Trusted by 400+ international clients:
UCSF
Gerberit
HIV Justice Network
Mineral Technologies
Niterra
Nutreco
Opportunity International
Versuni
VillageReach
Women's World Banking
advtech group
CA Global

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PEO in Sao Tome & Principe

Payroll in Sao Tome & Principe

EOR in Sao Tome & Principe

About São Tomé and Príncipe

Page Last Updated: 28/05/2024

Sao Tome and Principe, situated in the Gulf of Guinea off the coast of Central Africa, is a nation rich in potential business ventures across various sectors. Africa HR Solutions has supported numerous companies in their expansion within the country, preventing compliance issues before they arise and enhancing their overall effectiveness. Do not compromise on compliance and partner up with a São Tomé and Príncipe expert today. 

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Population: 0.24 M

Gross Domestic Product (GDP): $0.75 B
GDP Growth: 2.9%
Inflation: 14.2%
Foreign Direct Investment (% of GDP): 23.4%
Unemployment Rate: 14.35%
Capital: São Tomé
Currency: São Tomé and Príncipe dobra (STD)
Languages: Portuguese

São Tomé and Príncipe Payroll at a Glance

Currency

São Tomé and Príncipe dobra (STD)

Income Tax

0% – 25%

Employer Taxes

8%

Employee Contribution

6%

Fiscal Year

1 January – 31 December

Date Format

dd/mm/yyyy

PAY YOUR EMPLOYEES IN São Tomé and Príncipe
  • São Tomé and Príncipe has a rich cultural heritage, influenced by African, Portuguese, and Afro-Brazilian traditions.
  • The economy of São Tomé and Príncipe is largely dependent on agriculture, with cocoa being the primary export crop.
  • The country gained independence from Portugal on July 12, 1975.
  • São Tomé and Príncipe is known for its lush rainforests, volcanic landscapes, and pristine beaches, making it a popular destination for ecotourism.
  • São Tomé and Príncipe is a member of the Economic Community of Central African States (ECCAS) and the Community of Portuguese Language Countries (CPLP).
  • New Year’s Day
  • Martyrs’ Day
  • Good Friday
  • Labour Day
  • Independence Day
  • Armed Forces Day
  • Agricultural Reform Day
  • Sao Tome Day
  • Christmas
Interesting-Facts

Employment in Sao Tome & Principe

Employment contracts are prepared in either oral or written formats in Sao Tame, though many employees would choose a written agreement that defines all information about their wage, compensation, leaves, and termination information. At Africa HR Solutions, our in-country experts can assist and advise you on employment procedures, and help you manage a competitive benefits scheme for your team in Sao Tome and Principe.

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Trusted by Inspiring Changemakers.

Africa HR Solutions is for us everything what we have hoped for. Customer- and people oriented, fast and always willing to think along and find the best possible solution. We get professional services and an exceptional single point of contact.​
Mirèl SoerNutreco - Middle-East & Africa
Mirèl Soer
Africa HR Solutions has been a great partner to our organisation, allowing us to quickly expand and operate in new markets while they flag and support management of compliance and risk issues. We now use Africa HR Solutions for support in some capacity in 8 of our geographic locations.
Hilary HanbidgeDirector - VillageReach
Hilary Hanbidge
Africa HR Solutions has taken the stress out of compliance - we no longer have to worry about changing regulations. Their team is professional, knowledgeable, and always available. Payroll runs smoothly, which saves us valuable time and our staff appreciates being paid on time! Kudos to the team!
SheilaDirector - Non-Profit Organisation
NPO Client
Africa HR Solutions is responsive, proactive, and accommodating, even with the time difference. In fact, it works in my favor—they have time to handle tasks before I start my day. Our payroll, especially in Senegal, is complex, but their attention to detail and willingness to go the extra mile definitely stand out.
AldoPayroll and Data Manager - Non-Profit Organisation
TB Client

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