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Egypt – Employer of Record
Investors looking to set up and run a business in Egypt can rely on us as their primary EOR specialist in the region. As a result, we will make every effort supply them with the services they require to expand their regional presence. Our Egypt PEO service provides the assistance you need to easily hire, handle, and pay workers in the region.
We take all of your HR responsibilities and streamline them with the help of our Professional Employment Organization. You end up with robust daily operations in the area as a result. As necessary, our team offers termination support, industry standards for contracts, and employee benefits. Similar to that, we offer excellent and timely advice for your company.
Your new crew will conduct themselves as if they had been employed by you from the beginning. Because of our expertise in hiring, your company’s efficiency will be at an all-time high. With our guidance, you can quickly find the talent your business needs to succeed in Egypt.
An employer of record, also known as an international PEO, allows you to easily hire and onboard employees in Egypt, typically in as little as two weeks, without incurring the expense and risk of forming a local organization.
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If you have the assistance of an experienced PEO in Egypt, hiring in the area might be simple. As a result, with our team at your side, you will not have to worry about the stressful process of finding, interviewing, and hiring local staff since we will take care of it. We will ensure that the agreements follow local rules when recruiting in Egypt. Also, we promise to reflect salary and benefits in local currency.
The standard workweek in Egypt is 40 hours, or 8 hours per day, from Sunday to Thursday.
In Egypt, there are 12 holidays.
If an employee has worked for a company for over than six months, they typically earn 21 days of paid yearly leave in the region. Employees obtain full month of paid leave at turning 50 (or after ten years of service with the same employer).
Employees typically qualify for no more than 6 months of sick leave with pay.
Female employees are eligible for a paid 90-day maternity leave. However, most contracts stipulate that women can only take maternity leave twice every five years.
Businesses in the private sector are required to offer their staff members free healthcare, either privately or via the Health Benefits Package of the Ministry of Social Insurance.
Probationary periods cannot last for more than three months. The Ministry of Manpower and Immigration has a body with judicial authority that employers seeking to fire employees must appear before. Within 15 days, the board will decide whether or not to grant the proposal. As a result, the employer has the right to fire the employees, but if they believe it was unjust, they may sue.
For residents whose primary place of business, industry, or profession is Egypt, worker tax rate is calculated on the entire net earnings both inside and outside the region. Moreover, a tax will apply on non-residents’ earnings for money they make in Egypt. The annual tax exemption is equal to 9.000 EGP.
The social security contributions are as follows:
- Worker Share 11% or 18.85%.
- BOD is 21%.
- ER Fund: 1% of base pay (max. base salary is 2.210 EGP).
Why Choose Us?
Starting any kind of organization in Egypt is challenging, especially for individuals who are unfamiliar with the regulations of the country. As a result, we advise you to use our PEO services. We will handle this process for you, so you will not have to worry about figuring out how to legally manage your Egyptian employees. Let us handle your payroll and HR responsibilities in Egypt so you can concentrate on expanding with the help of our staff.
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