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If you are interested in hiring a remote team in Guinea-Bissau, or even just individual remote employees in Guinea-Bissau, then you have come to the right place!
Rivermate is an Employer of Record (EOR) that offers Guinea-Bissau payroll solutions. As a Guinea-Bissau payroll provider, we will cover everything from salary, benefits, employer-to-employee contributions, and especially payroll compliance in Guinea-Bissau. We are confident Rivermate’s payroll solutions Guinea-Bissau will help you grow as a business—because now, you won’t have to worry about your payroll solutions Guinea-Bissau. We take care of everything payroll!
With Rivermate, you can run Guinea-Bissau 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 Guinea-Bissau 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.
Information on taxation rules in Guinea-Bissau are currently unavailable.
Companies that wish to expand their operations globally have four different payroll options in Guinea-Bissau. These payroll options are:
1. Internal Payroll. This payroll option is applicable for already established companies in Guinea-Bissau. 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. Guinea-Bissau payroll outsourcing: Outsourcing your payroll to an Employer of Record in Guinea-Bissau, 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!
It is the obligation of the employer to ensure that all payroll-related transactions are properly documented and recorded. All salaries and compensation payments must adhere to the local minimum wage as well as other applicable laws and regulations.
Rivermate's payroll services in Guinea-Bissau can assist you in staying in compliance with the country's ever-changing payroll rules. We provide an all-inclusive solution that covers everything from compliance and reporting to salary payments.)
Companies that have a business presence in Guinea-Bissau have different ways of managing payroll. However, most of the options you have for running payroll in Guinea-Bissau are either expensive or require establishing a subsidiary in Guinea-Bissau. The cheapest, most efficient, and most reliable payroll processing system in Guinea-Bissau is by outsourcing payroll to Employers of Record (EOR) in Guinea-Bissau. 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 Guinea-Bissau. 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 Guinea-Bissau. 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 Guinea-Bissau.
At the end of a fixed-term contract, an employment contract may be cancelled by mutual consent, by the employer, or by the employee. Employers are banned from terminating an employee's employment based on a legal leave of absence.
During the probationary phase, a company may terminate an employee without providing notice or paying severance. Probation cannot last more than three months. Additionally, an employee may be removed without notice or severance pay for serious misbehavior, defined as activity that is related to work and has a negative effect on the employer's business. Employers must offer notice in advance of terminating an employment contract without cause and outside of the probationary period and must provide severance to the employee.
The national minimum wage in Guinea-Bissau is 19,030 CFA francs per month and applies to all forms of employment. Also, employees receive a monthly bag of rice on top of their pay.
The standard workweek is 45 hours, divided into seven consecutive days of eight hours per day. Employers may schedule the weekly work period as six working days followed by a weekly rest day on Sundays; five and a half working days followed by a weekly rest day on Sundays; or five working days followed by a weekly rest day on Sundays.
The following benefits are administered in the companies in Guinea-Bissau:
Permanent Disability Benefits
Sickness and Maternity Benefits
Workers’ Medical Benefits
Dependents’ Medical Benefits
In the case of a work-related injury, the following benefits are also administered:
Temporary Disability Benefits
Permanent Disability Benefits