Tanzania is an East African country with a population of over 55 million. The country includes plenty of scenic lands, such as the plains of Serengeti National Park and Kilimanjaro National Park,...
Read MoreTanzania is an East African country with a population of over 55 million. The country includes plenty of scenic lands, such as the plains of Serengeti National Park and Kilimanjaro National Park, along with the "big five" game. Tanzania's shore also includes the tropical islands of Zanzibar and a marine park with coral reefs and whale sharks.
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Tanzania is an East African country with a population of over 55 million. The country includes plenty of scenic lands, such as the plains of Serengeti National Park and Kilimanjaro National Park, along with the “big five” game. Tanzania’s shore also includes the tropical islands of Zanzibar and a marine park with coral reefs and whale sharks.
Expanding to Tanzania provides opportunities for growth in a variety of sectors. However, you can’t experience that growth until you have an infrastructure in place that will help you expand. Globalization Partners makes it easy to complete steps such as setting up a Tanzania payroll through our existing PEO in the country. When you choose Tanzania payroll outsourcing with us, you’ll quickly benefit from our team’s expertise and ability to help you stay compliant.
Tanzania uses a unique income tax table to determine how much employees will owe based on what they earn. For example, employees making 520,001 to 760,000 Tanzanian shillings owe 22,500 Tanzanian shillings plus 20% of their earnings over 520,000 shillings. Both employers and employees make contributions to the National Social Security Fund (NSSF) of 10% of gross earnings. Employers must pay 5% of gross earnings on behalf of the employee.
Every company is different, which is why you can choose the Tanzania payroll option that works best for your needs:
Before you can set up your Tanzania payroll, you have to establish a subsidiary in the country. This requirement is in place for all foreign companies trying to expand to another country. The only exception is working with a global PEO, such as Globalization Partners. We offer Tanzania payroll outsourcing through our established PEO, so you don’t need to have your own subsidiary to begin working. This option will help you work quickly as well, without any worries about compliance.
Clear termination and entitlement terms will help you stay compliant and avoid potential litigation or employee complaints. Termination notice required depends on how long the employee has worked for your company and in their position and ranges from four to 28 days. If the employee was terminated for unclear reasons and worked for your company for at least a year, you’ll need to provide severance pay.
Globalization Partners wants to help your expansion succeed. Contact us today to learn more about Tanzania payroll outsourcing.
If you’re ready to grow your business, or you have questions about a specific country, complete the form. One of our experts will be in touch shortly.
