Equatorial Guinea Employer of Record
Country Overview Video
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Equatorial Guinea is officially known as the Republic of Equatorial Guinea. It is located on the west coast of central Africa, and one of the only Spanish-speaking African nations. The country is split into two separate regions–the islands of Bioko and its African mainland territory. The country is one of Africa’s largest oil producers, and hosts robust forestry, fishing and farming industries. Its strategic location and untapped potential position Equatorial Guinea as an opportunity for international expansion into Africa.
Employment Contracts
Employment contracts should be written and include the length of the contract, responsibilities, workplace location, salary and start date. The contract must be registered with the Labor Ministry within 15 days of signing the agreement, and an employee must receive a copy of the signed document within three days of registering with the Ministry.
Public Holidays
The following public holidays are observed in Equatorial Guinea:
- New Year’s Day
- Good Friday
- Labor Day
- President’s Day
- Corpus Christi
- Freedom Day
- Constitution Day
- Independence Day
- Feast of the Immaculate Conception
- Christmas Day
Compensation
Employees receive a bonus on National Independence Day as well as 15 days of salary in October and December after a year of service. Employees with less than a year of service receive a pro-rated amount.
Working Hours
The standard work week is 48 hours. Employees typically work eight hours a day and six days a week. Work hours are reduced for young workers and in certain other circumstances. Overtime is limited to two hours a day and 200 hours a year. Overtime is paid at 125% of the salary for work on a typical day but can be more depending on when the work is performed.
Vacation Leave
Employees receive one month of paid annual leave and this increases by a day after one decade of service. Employees with children receive an extra day of paid leave annually until the child becomes 14 years old.
Sick Leave
Employees receive sick leave after the third day of absence for up to 26 weeks. This is paid at 50% of the standard rate by social security if the employer has contributed towards social security in the past year.
Maternity / Paternity Leave
Female employees are entitled to 12 weeks of maternity leave. Generally, six weeks of maternity leave is taken before the birth, with the remaining six weeks taken after the birth. Maternity leave can be extended in some instances. Eligible employees are entitled to maternity benefits from social security.
Female employees also receive additional pre-delivery or post-delivery rest for a pregnancy-related or delivery-related illness.
Employment Termination / Severance
Both employers and employees can terminate the employment contract. Notice may be required in advance depending on the reason for termination. Severance may also be required in some circumstances.
Health Insurance Benefits
Healthcare is limited and supplementary private insurance is recommended.
We understand that local laws and regulations change and sourcing an accurate reference guide is not easy. Our data is researched and verified by our team of local international Employment Attorneys, HR and Benefit Professionals and Tax Accountants through our Expandopedia team and consultants, to ensure information up-to-date and accurate.
Partnering with Elements Global Services when expanding into Equatorial Guinea, can dramatically reduce the standard brick and mortar processes of doing business in foreign markets and allow you to focus on what you do best, growing your company! To discover more about how Elements can simplify your ability to expand globally, please feel free to contact us.
Other Solutions To Simplify Global Expansion:
- Value Add of EOR Services
- Administrative Services Outsourcing (ASO) Solutions
- Business Process Outsourcing (BPO) Solutions
- Entity Formation & Management Services
- Business Consulting Services
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