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How To Hire New Remote Employees | Guinea Bissau

Hire employees in

Guinea Bissau

, easily

Whether you're looking for an independent contractor, a remote team member, or a full-time employee in

Guinea Bissau

, Workpay can help. Say goodbye to worrying about local laws, complex tax systems or managing international payroll. We take care of it all in over 50 countries.

Book a discovery call
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Country flag

How To Hire New Remote Employees | Guinea Bissau

Hire employees in

Guinea Bissau

, easily

   Whether you're looking for an independent contractor, a remote team member, or a full-time employee in

Guinea Bissau

, Workpay can help. Say goodbye to worrying about local laws, complex tax systems or managing international payroll. We take care of it all in over 50 countries.

Book a discovery call
Hire employees in
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, hassle-free

With Workpay, your business can easily hire employees in

Guinea Bissau

.
No more worrying about local laws, complex tax systems or
managing international payroll. Workpay takes care of everything
in 150+ countries.

Book a discovery call
capital city
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currency
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language spoken
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payroll frequency
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employer taxes
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vat - standard rate
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cost of living index
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gdp - real growth rate
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termination process
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employee protections
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Overview

Guinea Bissau has a population of 2.04 million people. It is ranked number 51 in Africa according to the nominal GDP ($ 1.59 billion). Guinea Bissau practices a traditional economic system and relies heavily on farming and fishing.

capital city
Bissau
currency
West African franc (CFA)
language spoken
Portuguese, Balanta, Fula, Manjak
payroll frequency
Monthly
employer taxes
14%
vat - standard rate
15%
cost of living index
Low ($423)
gdp - real growth rate
per capita- $809
termination process
Easy
employee protections
Moderate

Public Holidays

DATE
HOLIDAY NAME

1 January

20 January

8 March

1 May

3 May

10 July

3 August

24 September

14 November

25 December

New Year's Day

National Heroes' Day

International Women's Day

Labour Day

Korité

Tabaski

Pidjiguiti Day

Independence Day

Readjustment Movement Day

Christmas Day

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Minimum wage

Guinea Bissau minimum wage is set at CFA 19,030 (Central African Francs) per month and a bag of rice.

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Payroll cycle

Cycle of Payments
Employees in Guinea Bissau expect to be paid on a monthly basis.

13th Paygrade
Bonuses are not mandated by law in Guinea Bissau, however, some businesses prefer to pay performance-based bonuses.

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Taxation

The resident individual tax rates vary depending on annual income as follows; 

1% - for CFA 0-500,000

6% - for CFA 500,001- 1,000,000

8% - for CFA 1,000,001-2,500,000

10%-for CFA 2,500,001-3,600,000

12%- for CFA above 3,600,000

Guinea Bissau corporate income tax is imposed at a standard rate of 25%. Withholding tax is applicable at the rates of 30% on dividends and 15% on both resident and nonresident organizations in the country. 

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Leaves

Parental Leave

Guinea Bissau’s female employees are entitled to 60 days paid leave paid by the employer or social security if the employer is covered. There’s no statutory paternity leave in Guinea Bissau.

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Termination process

An employment contract can be terminated when the contract period ends if fixed for a certain period by the employer or the employee. The employer may also terminate the contract by consent due to economic reasons. In the case of gross misconduct, an employment contract can be terminated without notice. The employer must give a 40-day notice before any contract termination.

Notice Period

Guinea Bissau notice period follows the following guidelines:  

  • The notice period is 15 days to 2 months based on the level of seniority.

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international teams

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Heading

Hire employees in

Guinea Bissau

, hassle-free

With Workpay, your business can easily hire employees in

Guinea Bissau

. No more worrying about local laws, complex tax systems or managing international payroll. Workpay takes care of everything in 50+ countries.

Book a discovery call
country featured image
capital city
Bissau
currency
West African franc (CFA)
language spoken
Portuguese, Balanta, Fula, Manjak
payroll frequency
Monthly
employer taxes
14%
vat - standard rate
15%
cost of living index
Low ($423)
gdp - real growth rate
per capita- $809
termination process
Easy
employee protections
Moderate

Overview

Guinea Bissau has a population of 2.04 million people. It is ranked number 51 in Africa according to the nominal GDP ($ 1.59 billion). Guinea Bissau practices a traditional economic system and relies heavily on farming and fishing.

Public Holidays

1 January

20 January

8 March

1 May

3 May

10 July

3 August

24 September

14 November

25 December

New Year's Day

National Heroes' Day

International Women's Day

Labour Day

Korité

Tabaski

Pidjiguiti Day

Independence Day

Readjustment Movement Day

Christmas Day

Minimum wage

Guinea Bissau minimum wage is set at CFA 19,030 (Central African Francs) per month and a bag of rice.

Payroll cycle

Cycle of Payments
Employees in Guinea Bissau expect to be paid on a monthly basis.

13th Paygrade
Bonuses are not mandated by law in Guinea Bissau, however, some businesses prefer to pay performance-based bonuses.

Taxation

The resident individual tax rates vary depending on annual income as follows; 

1% - for CFA 0-500,000

6% - for CFA 500,001- 1,000,000

8% - for CFA 1,000,001-2,500,000

10%-for CFA 2,500,001-3,600,000

12%- for CFA above 3,600,000

Guinea Bissau corporate income tax is imposed at a standard rate of 25%. Withholding tax is applicable at the rates of 30% on dividends and 15% on both resident and nonresident organizations in the country. 

Leaves

Parental Leave

Guinea Bissau’s female employees are entitled to 60 days paid leave paid by the employer or social security if the employer is covered. There’s no statutory paternity leave in Guinea Bissau.

Termination process

An employment contract can be terminated when the contract period ends if fixed for a certain period by the employer or the employee. The employer may also terminate the contract by consent due to economic reasons. In the case of gross misconduct, an employment contract can be terminated without notice. The employer must give a 40-day notice before any contract termination.

Notice Period

Guinea Bissau notice period follows the following guidelines:  

  • The notice period is 15 days to 2 months based on the level of seniority.

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