Employer of Record in Senegal
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Employer of Record in Senegal
Employer of Record in Guinea-Bissau
EOR GUINEA-BISSAU
Employer of Record
EMPLOYER OF RECORD
Employ is a trusted provider of Employer of Record in Guinea-Bissau solutions for businesses looking to expand in the Asia Pacific, Africa, Europe, and America, covering end-to-end employment services for the remote workforce. We specialize in Outsourced Payroll Services, Remote Staffing, and Visa Services. In addition, we bring a centralized approach to HR management, Payroll & Benefits, and Legal Compliance wherever your staff may be.
2 MILLION
total population in 2022
1.5 BILLION USD
expected GDP in 2022
Guinea-Bissau was once the model for African development. Over the last five years, economic growth in Guinea- Bissau recovers to generate an average growth of 3.1 percent. Its expected GDP in 2022 stands at US$1.5 billion. Guinea-Bissau’s main export is cashew nuts.
PUBLIC HOLIDAYS: 10
- New Year’s Day – Jan 1
- National Heroes’ Day – Jan 20
- Women’s Day – Mar 8
- Labor Day – May 1
- Korite – varies
- Tabaski – varies
- Pidjiguiti Day – Aug 3
- Independence Day – Sep 24
- Readjustment Movement Day – Nov 1
- Christmas Day – Dec 25
SOCIAL SECURITY AND TAXATION
Social Security Program: 14%
Total Employment Cost: 14%
Corporate Income Tax Rates: 25%
MINIMUM WAGE
19,030 CFA francs per month
WORK HOURS
8 hours per day
OVERTIME RATE
125% of the normal rate
PROBATIONARY PERIOD
3 months
ANNUAL LEAVE CREDITS
30 days (paid)
MATERNITY LEAVE
60 days (paid)
PATERNITY LEAVE
not required by law
SICK LEAVE
5 days (paid)
*Info is not binding, may vary, and is provided only as an indication.
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