Niger is a landlocked country in Western Africa, and it's the largest country in Africa in terms of land area. While expanding your company to Niger should be exciting for everyone involved,...
Read MoreNiger is a landlocked country in Western Africa, and it's the largest country in Africa in terms of land area. While expanding your company to Niger should be exciting for everyone involved, you also have to consider all the challenges you could run into, such as choosing a Niger payroll option and setting up your payroll.
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Niger is a landlocked country in Western Africa, and it’s the largest country in Africa in terms of land area. While expanding your company to Niger should be exciting for everyone involved, you also have to consider all the challenges you could run into, such as choosing a Niger payroll option and setting up your payroll.
Globalization Partners understands and mitigates these issues through Niger payroll outsourcing. We picture a world where businesses can expand without barriers, which is why we work hard to make it easier to work in places such as Niger. You can use our existing Niger subsidiary to stay compliant and save time. If you do, you’ll only have to worry about running your company.
Both employers and employees have to worry about Niger’s taxation rules. Employers contribute to family allowances, workers pensions, and work injury at 8.4%, 5.25%, and 1.75% of salaries respectively. Employees have to pay 5.25% of their salaries to pensions. It’s important to note that Niger adopted a Pay As You Earn (PAYE) system for personal income taxes. Employers are responsible for deducting monthly taxes from an employee’s salary and sending the funds to the right employees to stay compliant.
You have four different Niger payroll options to choose from based on your company’s size and goals, including:
Unfortunately, you cannot set up your Niger payroll until you establish a subsidiary in the country. It can take anywhere from a couple of weeks to a couple of months to establish your entity, preventing you from setting up your Niger payroll, hiring employees, and more. Globalization Partners doesn’t have the same requirement because you can use our existing subsidiary in Niger to run your company, helping you start work faster.
Adding entitlement and termination terms to all employment contracts before setting up your Niger payroll can protect your company from any employment issues. Niger does allow probationary periods for up to six months, so you can see if an employee is a good fit during that time.
Globalization Partners will be here for you during your expansion. Contact us today to learn more about Niger payroll outsourcing.
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