EOR Solutions
Equatorial Guinea Employer of Record (EOR) Services
Compliantly hire and pay employees in Equatorial Guinea.
No in-country entity needed.
Breedj offers employer of record solutions in Equatorial Guinea. Through the Breedj platform, businesses of all sizes can compliantly hire and pay local nationals and expats alike.
Our platform provides a range of comprehensive solutions that simplifies EOR processes, allowing your business to operate seamlessly and in full compliance with local employment laws.
Ease of doing business in Equatorial Guinea
Equatorial Guinea presents unique opportunities for global companies seeking to expand their operations, but it is essential to be aware of the challenges that come with doing business in this region. According to the World Bank’s latest Ease of Doing Business Index, Equatorial Guinea ranks 178th, indicating that there is room for improvement in terms of regulatory frameworks and business-friendly policies.
This ranking implies that international organizations considering expansion into Equatorial Guinea must be prepared to navigate complex administrative processes, regulations, and local labor laws. It is crucial to have a thorough understanding of these challenges in order to minimize potential risks and maximize the benefits of entering this promising market.
At Breedj, we specialize in helping global organizations overcome these challenges with our Equatorial Guinea EOR solutions. By leveraging our local expertise and knowledge of the country’s regulatory landscape, we provide a seamless and efficient approach to doing business in Equatorial Guinea. Partnering with Breedj not only mitigates the risks associated with navigating unfamiliar regulations but also enables you to focus on your core business objectives, ensuring a successful and compliant expansion into this emerging market.
Hiring in Equatorial Guinea
Global companies looking to hire talent in Equatorial Guinea have two main options: setting up their own local entity or partnering with an Employer of Record (EOR) service provider like Breedj. Establishing a local entity involves navigating the intricate local employment laws, which can be time-consuming and potentially result in non-compliance, leading to legal and financial consequences.
On the other hand, utilizing Breedj’s Equatorial Guinea EOR services offers a more efficient and preferred alternative. By partnering with Breedj, you can access our in-depth knowledge of the local employment landscape, ensuring compliance with all relevant labor laws and regulations. This not only minimizes potential risks but also allows you to focus on your core business operations while we take care of the legal and administrative aspects of employing staff in Equatorial Guinea.
Choosing Breedj’s Equatorial Guinea EOR solution provides you with a streamlined and cost-effective approach to expanding your business in the region. Our expertise and commitment to compliance enable you to establish a strong presence in this emerging market with confidence, allowing you to capitalize on the opportunities that Equatorial Guinea has to offer.
Country fact sheet
Central African CFA franc (XAF)
Malabo
1.4 million (2021)
Central Africa
GMT+1
Spanish, French, Portuguese
Compliance guaranteed
Breedj's local employment expertise in Equatorial Guinea
By partnering with Breedj, you can eliminate the need to establish an in-country entity, and thus, saving valuable time and resources while benefiting from our local expertise to guarantee full compliance for your business operations.
Our platform has been designed to seamlessly take care of every aspect of the local employment environment, while you focus on your core operations.
Employment contracts
We handle employment contracts for both global employees and contractors.
Guaranteed compliance
Breedj ensures full compliance with your workers' local labor laws.
Global payroll
Our platform ensures accurate and timely international salary payments.
Legal expertise
Leverage Breedj's extensive expertise to navigate diverse employment laws.
Tax & contributions
Breedj handles tax & mandatory contributions as required by local labor laws.
Multiple currencies
Your workers are paid in their local currency, directly to their bank account.
Statutory labor laws in Equatorial Guinea
It is essential for global organizations operating in Equatorial Guinea to be well-informed about local labor laws and regulations. Key statutory labor laws in Equatorial Guinea include:
Employee Probation Period: Equatorial Guinea has varying probation periods depending on the employee’s qualifications:
- Unqualified workers: 1 month
- Middle-level technicians: 3 months
- Senior technicians or highly qualified workers: 6 months
Annual Leave: Employees in Equatorial Guinea are entitled to one month of paid annual leave for each year of continuous work. After 10 years of service, annual leave is increased by one day for each additional year worked.
Maternity Leave: Women are entitled to maternity leave starting six weeks before their due date, provided they have informed their employer and presented the necessary medical certificates. Maternity leave benefits are paid during the first six weeks before birth and six weeks after birth, as long as the woman is covered by social security.
Paternity Leave: There is currently no provision for paternity leave in Equatorial Guinea.
Sick Leave: Employees are eligible for sick pay after three days of illness, provided they have contributed to social security in the past year.
By partnering with Breedj as your Equatorial Guinea EOR provider, you can ensure full compliance with these labor laws, mitigating potential risks and protecting your business interests.
Labor regulations
30 days
15 days
12 weeks
None
1 to 6 months
Choose an EOR platform with a sustainable vision.
Become part of a collective effort to shape a more sustainable world and directly contribute to the United Nations Development Goals (SDGs).
Social security in Equatorial Guinea
Understanding and adhering to social security regulations is essential for companies operating in Equatorial Guinea. Both employers and employees are required to contribute to the National Social Security Fund (INSESO) and the Work Protection Fund.
Employer contributions consist of 1% of the employee’s gross salary to the Work Protection Fund and 21.5% to INSESO. Employee contributions are calculated as 0.5% of their net salary (net after the deduction of tax and INSESO contributions) to the Work Protection Fund and 4.5% of their gross salary to INSESO. The net salary is based on the administrative practice of calculating and paying both contributions using gross salaries.
Compliance with these social security regulations is crucial for maintaining a legally sound and successful business operation in Equatorial Guinea. Breedj’s EOR services ensure that your organization meets these requirements, providing you with peace of mind and allowing you to focus on your core business objectives. Our local expertise and knowledge of social security regulations in Equatorial Guinea enable us to seamlessly manage these obligations on your behalf, ensuring full compliance and minimizing potential risks.
Breedj's platform
54 countries
Africa
Supports multiple currencies
Onboard workers in less than 24 hours
Testimonials
What they say about Breedj
Breedj streamlined our global hiring process, making it easy to find and pay remote talents. Our team loves how the platform handles payments and compliance.
Global expansion simplified
Confidently expand to Equatorial Guinea
Breedj stands out as the preferred global employment solutions provider for several reasons, offering organizations a competitive edge with a range of scalable global employment solutions.
Cost effective
Drastically reduce administrative and overhead costs related to managing global employees.
100% compliant
Stay up to date with the ever changing global legislations, policies and local labor laws.
Peace of mind
Get direct access to our global employment experts to mitigate legal risks and penalties.
Fast-track market entry
Bypass the complexities associated with establishing a branch office or in-country.
Help emerging countries
Encourage growth and uplift lesser served regions by giving a job to talented remote professionals.
Support United Nations development goals
Directly support at least four sustainable development goals, simply by using our platform.
