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Comoros has a population of 850,886 people and is ranked number 53 in Africa according to the nominal GDP ($ 1.28). Comoros has a mixed economic system and relies heavily on agriculture.
1 January- New Year's Day
27–28 February- Prophet's Ascension
18 March- Cheikh Al Maarouf Day
1 May- Labour Day
3–5 May- Eid al-Fitr
6 July- Comoros National Day
9–10 July- Eid al-Adha
29–30 July- Islamic New Year
8 October- Prophet's Birthday
Comoros minimum wage is set at KMF 55,000 (Comorian francs per month.)
In Comoros, a month's salary for a worker is roughly 302,000 KMF. Salaries range from 76,300 KMF to 1,350,000 KMF (lowest average) (highest average, actual maximum salary is higher).
This is the monthly average pay, which includes housing, transportation, and other benefits. Salaries for various occupations fluctuate dramatically.
The resident individual tax rates vary depending on annual income as follows;
5% - for KMF 150,000-500,000
10% - for KMF 500,001- 1,000,000
15% - for KMF 1,000,001-1,500,000
20%-for KMF 1,500,001-2,500,000
25%- for KMF a 2,500,001-3,500,000
30% -for KMF above 3,500,000
Comoros income tax system operates on the Pay As You Earn (PAYE) system. Employees are taxed depending on their earnings each month. The rates range from 0 to 30 percent
Female employees in Comoros are entitled to 14 weeks of paid maternity leave, earning the same salary as when they were working. Three additional weeks might be given in case of any complications.
An employer can terminate a worker’s employment if they provide valid reasons for employees' conduct or incapability to handle operations. Any other reasons such as racial discrimination or personal interest-based decisions are prohibited.
Comoros notice period follows the following guidelines: