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If you are interested in hiring a remote team in Cameroon, or even just individual remote employees in Cameroon, then you have come to the right place!
Rivermate is an Employer of Record (EOR) that offers Cameroon payroll solutions. As a Cameroon payroll provider, we will cover everything from salary, benefits, employer-to-employee contributions, and especially payroll compliance in Cameroon. We are confident Rivermate’s payroll solutions Cameroon will help you grow as a business—because now, you won’t have to worry about your payroll solutions Cameroon. We take care of everything payroll!
With Rivermate, you can run Cameroon payroll services in just one click—regardless of currency, benefits, insurance, and your local labor laws. Everything is automated. Our priority is for you to focus on your company’s strategy and growth.
Our Rivermate Global Payroll services are made especially for startups and scaleups. We know that startups try to be extra prudent when it comes to choosing a payroll provider, so it is our mission at Rivermate to be your most reliable and cheapest payroll provider option. So if you’re looking for global payroll providers for small businesses, look no further and book a call with us now!
Once you've determined the best Cameroon payroll option for your company, you'll need to collect some information from employees in order to add them to your payroll. Begin by acquiring their personal identification number, tax deduction card, and emergency contact information. When an employee begins working and provides you with their tax deduction card, they become a part of the social security system and are eligible for benefits.
Cameroon's fiscal year corresponds to the calendar year and ends on December 31. Employees pay personal income taxes ranging from 11 to 38.5%. Employers must deduct taxes from employees' pay and remit the funds to the appropriate authorities by the 15th of each month. If your employee earns less than 62,000 XAF per month, this Pay As You Earn (PAYE) system is not required.
Companies that wish to expand their operations globally have four different payroll options in Cameroon. These payroll options are:
1. Internal Payroll. This payroll option is applicable for already established companies in Cameroon. It includes devoting an entire Human Resources staff to running the company's payroll procedures.
2. Remote Payroll. Smaller firms may lack the capacity to handle their own payroll, but they may add their workers to the parent company's payroll. This action, on the other hand, requires considerable thinking. You must guarantee that you follow the rules and laws of each nation.
Working with a local outsourcing firm is one method to retain money in the local economy, but you'll still need to study all of the local rules and regulations, since you'll be held responsible.
3. Cameroon payroll outsourcing: Outsourcing your payroll to an Employer of Record in Cameroon, such as Rivermate, is another alternative for Andorra payroll outsourcing. We can manage all aspects of your payroll, including compliance. Send us a note and we'll get back to you as soon as possible!
Rivermate's services also include payroll management. Payroll management is the keeping and maintenance of financial records, official forms, and other supporting documentation for payroll purposes, which is frequently required by local government.
Cameroon's employment regulations are primarily governed by Law No. 92/007 of 14 August 1992, also known as the Labor Code, as well as relevant sections of other laws and acts.
Cameroon's Labor Code, among other important employment practices and aspects, mandates some key aspects of payroll processing, such as:
1. Wage minimums
2. Particulars of taxation
3. Social security
Companies that have a business presence in Cameroon have different ways of managing payroll. However, most of the options you have for running payroll in Cameroon are either expensive or require establishing a subsidiary in Cameroon. The cheapest, most efficient, and most reliable payroll processing system in Cameroon is by outsourcing payroll to Employers of Record (EOR) in Cameroon. Rivermate is one of those Employers of Record.
At Rivermate, we offer you the most efficient, most compliant, and cheapest HR and Payroll Management services in Cameroon. We do this by taking care of your payroll-related needs, such as keeping track of your employees’ financial records, including incentives, gross and net salary, and payslips, all the while staying compliant with the labor laws in Cameroon. Because we do your online payroll management for you, you can have absolute focus on your business’ strategy and growth.
Rivermate is all about growth through collaboration and we achieve this by offering the most reliable yet cheapest services for managing payroll for small businesses in Cameroon.
Employers have the authority to terminate workers when a fixed-term contract expires, when particular job is completed, for misbehavior, economic reasons, or for fair cause.
The minimum wage in Cameroon is currently 36,270 CFA francs, or approximately 55 EUR. Unless your industry is governed by a collective bargaining agreement (CBA), this minimum wage applies to all sectors. While CBAs are not common in Cameroon, employers should check for any that may impact Cameroon's compensation laws prior to drafting an employment contract.
A 40-hour workweek is considered standard. Night work occurs between the hours of 10 p.m. and 6 a.m., with a 12-hour rest period in between each night of work. Female employees and children are not permitted to work at night, unless they are executives or work in fields other than manual labor.
Cameroon had community-based health insurance in 2012, especially for the poor. Cameroon is aiming toward a universal healthcare system, however private healthcare insurance is available.
Cameroon's primary healthcare provider is the government. Employees are required to enroll in a private health insurance plan. Employers are not obligated by law to provide health insurance to their employees.