Hire your remote team in Angola

Name: Hire a remote team in Angola
Brand: Rivermate
SKU: angola
Price: 499 EUR
Availability: InStock
Rating: 4.4 (5 reviews)

Only 499 EUR per employee per month

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Hiring a remote team in a country as Angola comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Angola. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

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1. Hire a remote team in Angola with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Angola, particularly if you don't have established local relationships. You can hire employees in Angola effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

Table of contents

Hire a remote team with Rivermate
Introduction
Hiring a remote team in your country
Cost of living
Cost of renting
Major industries
Hiring cost
Employment laws
Top skills
Economic landscape
Market size
Minimum wage
Why choose Rivermate?

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Angola.

As an employer of record, we help you hire employees and run payroll services in Angola, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Angola.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in Angola or individually hire remote employees in Angola, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermate’s Employer of Record Angola services can best help your company!

3. Hire a remote team in Angola

Angola is a country in Africa that is among the most developed on the continent. Natural resources and supplies, as well as high-tech equipment imported from across the globe, are important components of the country's economy. Gold, oil, copper, forest areas, and fossil fuel reserves all contribute to GDP. Angola's top trading partner in terms of finances, resources, infrastructure, and technical exchange is China.

Angola was named the fastest growing country in Africa between 2005 and 2007, with a GDP growth rate of 20%. Furthermore, it ranked first in the world for the greatest annual average GDP, which expanded at a pace of 11.1 percent each year. Angola's government is a key player in the country's rapid growth. It stabilized after the civil war and began raising production rates by 2002.

Even with such amazing progress on the global stage, Angola lags in terms of human development and employment rates. Angola has consistently been rated near the bottom of the Human Development Index. Economic activity is not equally distributed across the nation, but rather concentrated in a few areas.

4. Cost of living in Angola

Angola's average cost of living is US $1006, which is considered reasonable when compared to other third-world nations. On the contrary, the capital of Angola, Luanda, is the most expensive city in the world to live in, with an average monthly rent of US $6,800 (Rs. 50,5886). After receiving an average monthly wage of US $1689, a person may live comfortably for 1.5 months.

5. Cost of renting in Angola

On the basis of settlement, the nation as a whole is not allocated equitably. The capital city and other adjacent districts have a dense population, whereas the forest-covered terrain is uninhabited. As a result, there is a significant disparity in the cost of renting across cities.

6. Major industries in Angola

Though there are many job prospects, the level of education is insufficient for technical jobs. According to researchers, residents have relatively low levels of expertise, and there is a knowledge gap across ethnic groups. On the other side, Africans have inherent managerial skills, heavyweight work, and so on. Some abilities that are developing include:

1. Medical and Healthcare

2. Manufacturing

3. External Trade

4. Business

5. Agriculture

6. Tourism

7. Food and Beverages

8. Teaching

9. Automobile

10. IT Sector

7. Hiring cost in Angola

The cost of employment is directly proportionate to the amount of work performed. Angolans are not inherently gifted for high-level positions in MNCs or industrial firms. As a result, enough training must be offered. Angola's employment costs include:

1. The cost of carrying out the recruiting procedure;

2. The duration of the recruiting procedure; and

3. Training and onboarding expenses.

8. Employment laws Angola

Under Angola's legal system, employment and labor regulations must be carefully enforced. Any departure might result in the accused being imprisoned and receiving a large sum of compensation. The following are some of the rules:

1. Contract of employment at the moment of joining

2. Reimbursement on time

3. Employees have the option to leave at any time with two months' notice.

4. At all times, workplace safety must be maintained.

5. Non-national workers must produce acceptable documentation.

6. Except for national holidays, a 12- to 15-day leave of absence is required.

7. For initiatives under government instructions, confidentiality must be maintained.

These laws are stated in the Angolan constitution's employee and labor laws, as well as the schedule of the Labour laws act.

9. Top skills Angola

Angola's economy is expanding rapidly, offering job possibilities in a variety of areas. The following are the top abilities that will be needed in Angola in the future years:

1. Software/IT

2. Teaching

3. Business

4. Hospitality

5. Communication

10. Economic landscape in Angola

Angola's oil riches and other commodities and fossil fuels are a plus, but many constraints are stifling growth activities. Social disparity, poor educational levels among the working class, social clashes, and high mortality as a result of ongoing internal disputes

Angola's central bank forecasts a large rise in youth involvement and an annual economic growth rate of 5%. This was foreseen, and it is a step toward including more private actors in resource extraction and discovery.

11. Market size in Angola

The oil industry accounts for one-third of the GDP, and more than 90% of the output is exported. Natural resources dominate the market, followed by agriculture, telecommunications, and technology. The market is ranked third in Sub-Saharan Africa. Growth is visible after 2002, with a decline in 2006-2007 owing to the economic downturn.

12. Minimum wage in Angola

Angola's labor laws require employers to pay a monthly minimum wage that varies by industry. As of 2019, employees in the transportation, services, and manufacturing industries should earn at least 26,817 kwanza per month, while those in the extractive industry and trade should earn at least 32,181. Each of the other economic sectors generates a minimum of 21,454 kwanza per month.

Typically, employees who have worked for your company for at least one year are entitled to two bonuses: a holiday bonus and a Christmas bonus. The holiday bonus is equal to 50% of the employee's base salary, multiplied by the amount earned during the holiday period. The Christmas bonus is equal to 50% of the employee's December base salary.

13.Why choose Rivermate to hire your remote team in Angola?

Establishing an entity in Angola to hire a team takes time, money, and effort. The labor law in Angola has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Angola simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record (EOR) solutions in Angola give you peace of mind so you can focus on running your business. Please contact us if you'd like to learn more about how Rivermate can help you hire employees in Angola via our Employer of Record (EOR) / PEO solution.