Malawi
Malawi Employer of Record & Payroll Services | Africa Deployments Malawi
Africa Deployments Malawi (ADS) provides comprehensive Employer of Record (EOR) and Payroll services in Malawi, delivering tailored solutions for both locals and expatriates. We handle all aspects of employment, including full-time and fixed-term contracts, work permits, local work contracts, and HR best practices, ensuring your business complies with Malawi’s employment laws.
Why Choose ADS for Employer of Record (EOR) & Payroll Solutions in Malawi?
Our EOR and Payroll solutions are designed to simplify the process of hiring and managing employees in Malawi. As your trusted EOR partner, ADS ensures seamless operations by handling critical tasks such as:
- Work Permits: We manage all aspects of obtaining work permits for your employees.
- Local Contracts: ADS issues local contracts to contractors and employees in compliance with Malawi’s labor laws.
- Tax & PAYE Remittances: We ensure compliance by managing monthly tax and PAYE remittances to the Malawi Revenue Authority.
- Timely Salary Payments: ADS guarantees that salaries are paid on time, and pay slips are issued accordingly.
- Insurance: We offer employee insurance packages, including medical, disability, life, and workmen’s compensation coverage.
Employment Contracts in Malawi
Through our EOR services, we provide various employment contract options, including:
- Fixed Term Contracts
- Indefinite Term Contracts
Contracts must comply with local regulations, including:
- Written agreements in the official language and local currency (Malawian Kwacha).
- Clear terms regarding salary, compensation, benefits, and termination.
Taxation in Malawi
- Taxable Income: Includes salaries, wages, allowances, bonuses, premiums, and other compensation.
- Exempt Income: Includes pensions, life annuities, and allowances for damages.
Social Security & Health Contributions
Employee Contributions:
- National Pension Scheme (NPS): 5% of gross salary
- National Health Insurance (NHI): 1%
Employer Contributions:
- National Pension Scheme (NPS): 10% of employee’s salary
- National Health Insurance (NHI): 1%
- Workers’ Compensation Fund: 1%
Maternity and Paternity Leave
- Maternity Leave: 8 weeks (56 days), paid at 100% of salary.
- Paternity Leave: Not statutory, but can be provided by employers.
Leave Entitlements in Malawi
- Annual Leave: Minimum of 14 consecutive days of paid leave per year.
- Sick Leave: Certified by a doctor; typically up to 3 months.
- Public Holidays: Paid leave on official holidays.
Gratuity & Severance Payments
- Severance Pay: Employees are entitled to severance pay based on years of service (e.g., 2 weeks’ pay per year for 1-5 years of service).
- Notice Period: Typically 1 month, depending on the length of service.
Fringe Benefits in Malawi
- Housing Allowance: Can be provided by employers, typically up to 50% of the monthly salary.
- Transportation Allowance: May include subsidized travel or company-provided transport.
Corporate & VAT Tax Rates in Malawi
- Corporate Tax Rate: 30%
- VAT/Sales Tax: 16.5% on most goods and services
Public Holidays in Malawi
- New Year’s Day (January 1)
- Labour Day (May 1)
- Independence Day (July 6)
- Christmas Day (December 25)
…and more.
Industries We Serve in Malawi
- NGOs & Non-Profits
- Engineering & Construction
- Oil & Gas
- FMCG & Manufacturing
- Finance, Insurance & Banking
- Mining
- Agriculture
- IT & Technology
Double Tax Treaties in Malawi
- Canada🇨🇦
- France🇫🇷
- Mauritius🇲🇺
- Morocco🇲🇦
- Contact Us
For detailed assistance with Employer of Record (EOR) services in Malawi, including specific payroll and employment solutions tailored to your needs, contact our team at Africa Deployments.