Hire your remote team in Egypt

Only 399 EUR per employee per month

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Hiring a remote team in a country as Egypt 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)Ā solution helps companies hire remote employees in Egypt. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

A remote team

1. Hire a remote team in Egypt with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Egypt, particularly if you don't have established local relationships. You can hire employees in Egypt 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.

2. Introduction

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

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

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 Egypt or individually hire remote employees in Egypt, Rivermateā€™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 Rivermateā€™s Employer of Record Egypt services can best help your company!

3. Hire a remote team in Egypt

Hiring remote employees in Egypt is a decision that requires a lot of analysis and scrutiny. Recruiting the right employees is another important task. To prevent penalties and delays, employers must learn how to recruit personnel and understand the country's employment compliance rules.

4. Cost of living in Egypt

Egypt's cost of living is $418, which is 2.23 times less expensive than the global average. Egypt was ranked 189th out of 197 countries in terms of cost of living, and the 80th best place to live.

In Egypt, the average after-tax salary is $232, which is enough to cover living expenses for 0.6 months.

5. Cost of renting in Egypt

A furnished 900 square-foot flat in Cairo costs EĀ£ 5,700 ($319) per month in an expensive neighbourhood. The identical lodgings in a reasonable region cost about EĀ£ 3,005 ($165) per month.

6. Major industries in Egypt

Egypt has a thriving agricultural industry that employs over 24 million people. It is the world's biggest date producer. It is also a global leader in the production of crops such as figs, onion, eggplant, strawberry, tomato, and watermelon. Egypt exported 4.8 million tons of agricultural commodities worth $2.16 billion from 2019 to 2020. It intends to increase profits to USD 2.2 billion this year.

The textile and garment industry is one of Egypt's top employers. It accounts for around 3% of GDP and 27% of industrial production. This industry employs more than 300,000 people. The United States is the country's major export partner, accounting for 80% of total exports.

Egypt has a significant steel industry. It is the world's 23rd biggest steel manufacturer, with 7.3 million tons produced in 2020. In 2020, it expects to export roughly USD 700 million in steel. Steel is a critical industry whose output affects many other industries.

In 2019, the tourist sector contributed roughly USD 32 billion to the country's GDP. Because of the epidemic, the sum fell to USD 14.4 billion in 2020. Tourism will recover as global travel resumes normalcy. The industry generates a significant amount of foreign cash and economic activity in the nation. It employed 2.4 million people in 2019, but because to the pandemic, that amount fell to 1.6 million in 2020.

Egypt's average download speed is at 98.67 Mbps. At 53.22 Mbps, the upload speed is slower.

7. Hiring cost in Egypt

The information on the hiring cost in Egypt is currently unavailable.

8. Employment laws Egypt

The maximum working hours in Egypt are eight hours per day and 48 hours per week.

Employees who have worked for their company for one year are entitled to 21 days of yearly leave.

Employees with social security are entitled to three months of paid maternity leave for up to three children. Women are also allowed to two and a half hour breastfeeding breaks.

Paternity leave is not covered by Egyptian labor legislation.

Egypt's labor laws are comprised of the following statutes.

- Law No. 12/2003, governing employer-employee relations in the private sector

- Civil workers are governed by Law No. 47/1978.

- Law No. 48/1978, controlling personnel in the public sector

- Law No. 203/1991, covering particular criteria for workers in the state's public commercial sector

- Numerous decrees supplement the preceding laws. The Egyptian Civil Code applies to matters that are not addressed by any statute.

9. Top skills Egypt

Textile Industry

Egypt's textile industry contracted in 2021 but continues to draw significant investment. The government aims to boost the textile industry since it employs a large number of people. Its infrastructure is being updated.

Top Skills: In the coming years, skills such as creativity, technical knowledge, and commercial awareness of the industry will be key for individuals looking to find employment.

Food Industry

Egypt's food business exported over USD 3.2 billion in the first 11 months of 2020. Despite the epidemic, the industry grew year over year. It accounts for 13% of non-oil exports from Egypt.

Top Skills: Skills needed in this sphere are engineering (mechanics and electrical), agricultural expertise, creativity, and technical know-how.

Tourism

Every year, millions of people visit Egypt to see the Pyramid of Giza, the Great Sphinx, the Nile River, the Valley of the Kings, and other tourist attractions. The tourism sector employs around two million people and contributes significant money for the Egyptian government.

Top Skills: Skills needed in this sector are networking expertise, communication ability, organizational efficiency, and time management skills.

Each city has its own set of industry and infrastructure. The abilities required in various Egyptian cities varied. Here are the top talents needed in various cities. When there is so much talent available, it might be difficult to find the perfect individuals for your team.

10. Economic landscape in Egypt

Egypt attempted to address structural issues such as failing formal industries and stifling non-oil exports. However, just as things were looking up, the epidemic and the subsequent worldwide economic shutdown halted development and exposed even more serious issues. An economy that expanded at 5.56% in 2019 grew at 3.57% in 2020 and is expected to grow at 2.47% in 2021.

11. Market size in Egypt

Egypt is a big market, with a GDP of $300 billion and a population of 104 million people. Its closeness to Europe, political stability over the past decade, and structural changes have contributed to its economic strength. After Nigeria, it has Africa's second-largest economy.

12. Minimum wage in Egypt

Egypt's monthly minimum wage is 2,400 EGP.

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

Establishing an entity in Egypt to hire a team takes time, money, and effort. The labor law in Egypt has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Egypt 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 Egypt 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 Egypt via our Employer of Record (EOR) / PEO solution.

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