Payroll in Equatorial Guinea is governed by the Labor Law of 2012 and the INSESO social security code, with employer contributions at 21.5% of gross salary and employee deductions at 4.5%. Global Bush Travel operates payroll services in Malabo and Bata, processing salaries in CFA francs (XAF) and USD for oil-sector expatriate contracts. Our payroll practice covers offshore rotation supplements mandated by the Continental Shelf Workers statute, the mandatory 13th-month Gratificación Anual under the labor code, IRPF personal income tax withholding with exemptions applicable to qualifying expatriate income, and hardship indemnities for mainland installations. We manage INSESO Form 20 monthly submissions, coordinate with the Ministerio de Hacienda Tributación division, and administer end-of-contract indemnification calculations under Equatorial Guinea's seniority-based severance formula. Payroll output is provided in Spanish as required by local labor law.
Payroll Services in Equatorial Guinea
Payroll Processing: Salary, wage, overtime, and bonus calculations based on Equatorial Guinea standards
Deductions Management: Accurate deductions for Equatorial Guinea taxes, social security, health insurance, and pensions
Pay Slips: Detailed pay slips showing deductions, net pay, and information per Equatorial Guinea requirements
Tax Compliance: Payroll tax calculations based on latest Equatorial Guinea tax rates and regulations
Withholding Tax: Managing income tax withholding and timely submission to Equatorial Guinea tax authorities
Social Security Registration: Local social security registration and contributions management in Equatorial Guinea
Time and Attendance: Automated systems tracking working hours, overtime, and leave in Equatorial Guinea
Employee Benefits: Health insurance, paid leave, allowances per Equatorial Guinea labor laws
Why Choose Us for Equatorial Guinea Payroll
Regional Expertise: Experience with payroll requirements across Central African countries
Accuracy and Timeliness: Employees paid on time with accurate calculations per Equatorial Guinea standards
