Guinea Employer of Record & Payroll

Guinea EOR

Africa Deployments Guinea offers our clients Employer of Record (EOR) services covering all of the regions within.  We offer full-time employment or fixed terms contracts based on your requirements in Guinea for locals or expatriates.  ADS will take care of the work permit under our umbrella and will issue local work contracts to your contractors.  We will also advise our clients on best Human Resource (HR) practices when setting up the employee’s locally in Guinea.

ADS takes care of the local tax & PAYE remittances to the Revenue Services on a monthly basis ensuring that they are fully compliant with the law.  We will also ensure that their salaries are paid on time monthly and issue them with their pay slips.

WHAT INCOME IS TAXABLE IN GUINEA:

Any income earned in the form of cash, wages, salary, overtime, leave pay or payment in lieu of leave, commissions, gratuity, bonus, or any amount that has benefited the employee.  All income will be taxed in accordance with the law and the final payroll issued monthly.

WHAT TYPE OF LEAVE IS ALLOWED IN GUINEA:

  • Public Holiday -11 Public Holidays per annum as per leave law of Guinea.
  • Annual leaves- Employees in Guinea are usually entitled to leaves of 2.5 days per month paid by the employers.
  • Sick Leaves-Employees are generally entitled to up to 26 weeks of paid sick leave.
  • Maternity leave – leave be at least 14 weeks of which a period of six weeks compulsory leave should be after childbirth.

CAN YOU GIVE FRINGE BENEFITS IN GUINEA:

Yes you can but keep in mind that Fringe Benefits will be subject to employee PAYE tax.  Only benefits that cannot be converted to cash will not be subject to tax.  If the employer covers some of the employees expenses i.e. mobile phone then it must be subject to PAYE tax and either the employer will cover this portion for the employee or the employee will bear the PAYE tax.

WHAT ARE THE EMPLOYER & EMPLOYEE CONTRIBUTIONS IN GUINEA:

  • Social Security contributions (Employers) -Employers contribute 1% of gross salary to the Work Protection Fund (Fondo de Protección al Trabajo in Spanish) and 21.5% to the National Institute of Social Security (INSESO for its Spanish acronym) monthly.
  • Social Security contributions (Employees) Employees contribute 0.5% of net salary to the Work Protection Fund and 4.5% to the INSESO monthly.

IS THERE GRATUITY PAYMENTS FOR TERMINATION IN GUINEA:

An Employer and Employee can agree on severance pay. 

Workers on termination of the contract, except in the cases of serious misconduct on their side, shall be entitled to severance pay as determined in an Order issued by the Minister of Labour.

 

Get in touch with one of our consultants should you have any further questions regarding our Employer of Record solutions or only require a payroll solution in Guinea.

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