TOGO
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About Togo

Page Last Updated: 28/05/2024

Togo, a small West African nation, offers diverse business opportunities with its strategic location and vibrant culture. Africa HR Solutions supports companies expanding into Togo by ensuring smooth employee onboarding and efficient payroll management. We handle local compliance and payroll intricacies, allowing you to focus on your core business activities. 

Population: 9.29 M


Gross Domestic Product (GDP): $9.83 B
GDP Growth: 5.3%
Inflation: 2.7%
Foreign Direct Investment (% of GDP): -2.7%
Unemployment Rate: 3.72%
Capital: Lomé
Currency: West African CFA franc (XOF)
Languages: French

Togo Payroll at a Glance

Currency

West African CFA franc (XOF)

Income Tax

0.5% – 35%

Employer Taxes

7.5%

Employee Contribution

4%

Fiscal Year

January – December

Date Format

dd/mm/yyyy or mm/dd/yyyy

  • The official language of Togo is French, but many indigenous languages are spoken, including Ewe and Kabiye.
  • Togo gained independence from French colonial rule on April 27, 1960.
  • The country has a diverse cultural heritage with over 40 ethnic groups.
  • Togo is one of the world’s largest producers of phosphate.
  • Traditional music and dance play an important role in Togolese culture, with various festivals celebrated throughout the year.
  • New Year
  • Liberation Day
  • Easter Monday
  • Independence Day
  • Labour Day
  • Whit Monday
  • Day of the Martyrs
  • Eid al-Fitr
  • Assumption of Mary
  • Eid al-Adha
  • Anniversary of the failed attack on Lomé
  • All Saints’ Day
  • The Prophet’s Birthday
  • Christmas Day
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