Whether you're looking for an independent contractor, a remote team member, or a full-time employee in
, 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.
With Workpay, your business can easily hire employees in
No more worrying about local laws, complex tax systems or
managing international payroll. Workpay takes care of everything
in 150+ countries.
Libya’s population in 2020 was 6.9 million, the gross domestic product yearly growth rate was 45% by late 2021 and is estimated to increase approximately six percent in 2022 and eight percent in 2023. Libya’s economy relies on oil production, which accounts for 94% of the nation’s government revenues. The country’s external debt is approximately 5.8% of the GDP in 2017, making it among the lowest external debt rates globally. The currency is in Libyan dinars (LD).
17 February- Libyan Revolution Day
19 March- Commemoration of the Victory over Kadhafi
1 May- Labour Day
2–5 May- Eid al-Fitr
8–9 July- Day of Arafat
9–12 July- Eid al-Adha
29–30 July- Islamic New Year
16 September- Martyrs' Day (in Libya)
23 October- Liberation Day
24 December- Libyan Independence Day
The Libya minimum remuneration is LD 450 monthly and the government extremely subsidizes utilities and rent.
Payroll in Libya is run on a monthly basis.
In Libya, employees are entitled to 30 working days of paid annual leave. The leave may increase to 45 working days of remunerated annual leave for workers aged 59 and older who have consecutively been employed for a minimum of 20 years and above.
Female workers are privileged to a maternity leave of 14 weeks; eight weeks are following the childbirth and six weeks can be taken before the expected delivery date. In complicated or multiple births, the leave period is increased to 16 weeks of paid maternity leave.
Workers who fall ill in Libya for a prolonged period are entitled to 45 days of sick leave and those who are sick for a short time are given 60 days of sick leave annually.
The Libyan Labour Law states that fairness must be upheld between all the country’s citizens and it protects employees from unfair dismissal from work. If an employee desires to terminate the employment contract, a notice must be provided to the employer.
The notice duration in Libya is generally 30 days for workers and employers.
Severance remuneration for Libyan nationals is not needed, but it is necessary for expatriates who are entitled to a half year’s payment for each year of the employment up to five years.
The probation duration in Libya is six months.