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Employer of Record in Burkina Faso
EOR BURKINA FASO
Employer of Record
EMPLOYER OF RECORD
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21.9 MILLION
total population in 202218 BILLION USD
expected GDP in 2023Burkina Faso has a long period of socio-political stability. This French-speaking African nation is a small landlocked country in West Africa. Burkina Faso has an expected GDP this 2022 of around US$17 billion. Its fast population growth is an opportunity for business expansion since the country needs 300,000 jobs annually to match its developing economy.
PUBLIC HOLIDAYS: 14
- New Year's Day - Jan 1
- Revolution Day - Jan 3
- Women's Day - Mar 8
- Easter Sunday - varies
- Easter Monday - varies
- Labor Day - May 1
- Ascension Day - varies
- Korite - varies
- Tabaski - varies
- Independence Day - Aug 5
- Assumption Day - Aug 15
- All Saints' Day - Nov 1
- Proclamation of the Republic - Dec 11
- Christmas Day - Dec 25
SOCIAL SECURITY AND TAXATION
Social Security: 16%
Payroll Tax: 3%
Total Employment Cost: 19%
Income Tax Rates:
XOF 0 – 30,000 - 0%
XOF 30,001 – 50,000 - 12.1%
XOF 50,001 – 80,000 - 13.9%
XOF 80,001 – 120,000 - 15.7%
XOF 120,001 – 170,000 - 18.4%
XOF 170,001 – 250,000 - 21.7%
Above XOF 250,000 - 25%
MINIMUM WAGE
34,664 CFA francs a month
WORK HOURS
8 hours per day
OVERTIME RATE
15% to 120% of the normal rate
PROBATIONARY PERIOD
3 months
ANNUAL LEAVE CREDITS
22 days (paid)
MATERNITY LEAVE
14 weeks (paid)
PATERNITY LEAVE
20 days (paid)
SICK LEAVE
4 months (1-month full salary / 3 months 50% salary)
BONUSES
not required by law (under the discretion of the employer)
*Info is not binding, may vary, and is provided only as an indication.
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