Libya
Libya Employer of Record (EOR) & Payroll Services by Africa Deployments
Libya EOR Solutions
Africa Deployments offers comprehensive Employer of Record (EOR) services across Libya, ensuring smooth HR and payroll processes for local and expatriate employees. Whether you require full-time employment or fixed-term contracts, we have the flexibility to meet your needs. We manage all aspects, including work permits, local contracts, payroll, tax, and compliance under Libyan law.
Key Services Provided:
- Work Permits & Contracts: We handle work permit applications and issue local employment contracts for contractors under our EOR service.
- Human Resources Advice: Guidance on the best HR practices for hiring employees in Libya, ensuring smooth operations.
- Tax Compliance: We ensure compliance with Libyan tax laws, including PAYE remittances to the Revenue Services on a monthly basis.
- Timely Payroll: We guarantee on-time salary payments and provide pay slips to employees every month.
Why Choose Libya as Your Next Employment Destination?
Libya is strategically located in North Africa, boasting the longest Mediterranean coastline in Africa. The capital, Tripoli, is a hub for agriculture (olives, vegetables, citrus), and the country is rich in natural resources, primarily oil. Libya’s economy is heavily influenced by its petroleum industry, making it a key player in the African market. Its history as a crossroads of ancient civilizations adds to its unique position in the world.
Population and Economy Overview:
- Population: 6.735 million (2021)
- Currency: Libyan Dinar (LYD)
- Capital: Tripoli
- GDP: $42.82 billion USD (2021)
- Industries: Petroleum, Steel, Engineering, Mining, Agriculture, FMCG, Manufacturing
What is the Main Language in Libya?
Arabic is the official language, with Libyan Arabic being the most widely spoken dialect. English and Italian are also commonly used in business contexts.
Employment Contracts in Libya:
Through Africa Deployments’ Employer of Record service, we offer the following contract options:
- Fixed-term contracts
- Indefinite-term contracts
All contracts must be written in Arabic, include salary details, and outline benefits and termination terms. Our EOR service ensures that all legal requirements are met, from work permits to employee contracts.
Taxation and Social Security in Libya:
- Taxable Income: Both Libyan nationals and expatriates are taxed on their employment income. Tax rates and personal exemptions apply, with corporate tax set at 20%.
- Social Security: Both employer (11.2%) and employee (3.75%) contribute to the Social Security Fund.
- Mandatory Contributions: Employees must contribute to social insurance, solidarity funds, and income tax based on their earnings.
Leave Entitlements in Libya:
- Annual Leave: Employees are entitled to 30 working days of paid leave annually.
- Sick Leave: Employees are generally entitled to 45 days of sick leave per year, extendable in some cases.
- Maternity Leave: Female employees are entitled to 14 weeks of maternity leave (extended to 16 weeks for complicated births).
Public Holidays in Libya:
- February 17 – Revolution Day
- April 22 – Eid al-Fitr
- April 23 – Eid al-Fitr
- May 01 – Labour Day
- June 28 – Arafat Day
- June 29 – Eid Al-Adha�
- June 30- Eid Al-Adha�
- July 01 – Eid Al-Adha�
- July 19 – Hijri New Year
- September 16 – Martyrs’ Day
- September 27 – Birthday of Prophet Muhammed
- October 23 – Liberation Day
- December 24 – Independence Day
Key Benefits of Employer of Record (EOR) in Libya:
- Streamlined HR Operations: With Africa Deployments’ EOR services, you avoid the complexities of setting up a local entity in Libya while maintaining full legal compliance.
- Tax & Compliance Assurance: We handle PAYE remittances and ensure that all local regulations are met.
- Payroll & Benefits Management: Africa Deployments ensures timely and accurate salary payments and manages the entire payroll process for your employees.
Key Industries Supported:
- Non-Governmental Organizations (NGOs)
- Engineering & Construction
- Oil & Gas
- FMCG & Manufacturing
- Private Equity, Finance, Insurance & Banking
- Mining
- Agriculture
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- Contact Us
For detailed assistance with Employer of Record (EOR) services in Libya, including specific payroll and employment solutions tailored to your needs, contact our team at Africa Deployments.