With our Sao Tome and Principe 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 Sao Tome and Principe’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: Sao Tome and Principe is an island nation located in the Gulf of Guinea off the western coast of Central Africa.
Population: Sao Tome and Principe counts a modest population of around 223,364 inhabitants – most of which speak Portuguese (at roughly 98.4%)
Economy: Agriculture, farming, and industry represent an important part of the country’s GDP. The Republic of Sao Tome and Principe is a lower middle-income country, with a relatively fragile economy.
Value-added tax (VAT)
The proposed standard VAT rate is 10% in Sao Tome and Principe.
Employees in Sao Tome and Principe are generally entitled to 26 days of paid annual leave.
In Sao Tome and Principe, workers can receive up to 360 days of sick leave.
In Sao Tome and Principe, women are entitled to a maximum of 60 days of paid maternity leave.
There is no statutory paternity leave in Sao Tome and Principe.
In Sao Tome and Principe, the required notice period for termination is 1 month regardless of the employee’s seniority.
Employees in Sao Tome and Principe are entitled to severance pay – generally one month’s salary for each consecutive year of service.
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.