CAPE VERDE Payroll Outsourcing
Pay Your Talents in Cape Verde Compliantly
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Pay Your Team in Cape Verde.
On Time. Everytime.
Ensure your team in Cape Verde is paid accurately and on time with our Payroll Outsourcing services. Gain expert support to keep your operations fully compliant with Cape Verde's Labour Code and tax regulations.
- Pay anyone in Cape Verde - no matter the currency.
- Manage employee benefits easily. Get the support you need to navigate employee contributions in Cape Verde.
Flexible Payroll Solutions in Cape Verde.
Payroll solutions that adapt to your needs whether you are established or growing in Cape Verde.
Cape Verde Payroll expertise at your fingertips
Over more than a decade, Africa HR Solutions has become a leading payroll service provider in Cape Verde and across Africa with a proven track record of success with over 400 clients across many industries.
A single point of contact
Avoid unnecessary headaches and mistakes – manage everything from a single point of contact. Your dedicated account manager is always available to assist with any queries you may have.
Self service portal for your talents in Cape Verde
Give your team the tools they need to easily manage their payslips, leave allowances, and other claims. Powered by SAGE, the employee self-service portal will make their lives easier.
100% Compliant payroll operations
Ensuring your operations are carried out compliantly is a must. From country-specific employee contribution to tax policies, we make sure your company is up to code with Cape Verde’s legislation at all times.
Cape Verde Country Overview
Geographic location: Cape Verde is an archipelago composed of 10 islands and eight islets in the mid-Atlantic Ocean. It was named “Cabo Verde” by Portuguese explorers in 1444.
Population: Cape Verde has a small population of less than 600,000 people. Most of the population are well skilled and are trilingual, speaking English, Portuguese and Cape Verdean Creole, doubtless an asset for investors looking to expand to the country.
Economy: Though there are few natural resources, a shortage of arable land, and a small population, the country has achieved economic stability, attributed to developments in commerce, transport, tourism, and public services, which account for about 75% of Cape Verde’s GDP. Cape Verde also supplements its economy through manufacturing food and beverages, shoes and garments, as well as fish processing and salt mining.
Payroll in Cape Verde - What You Should Know
- Population: 561,901
- Gross Domestic Product (GDP): $1.94 B
- GDP Growth (April 2021): 7.0%
- Inflation, consumer prices: 1.9%
- Foreign Direct Investment (% of GDP): 2.9%
- Unemployment Rate: 15.4%
- Capital: Yaoundé
- Currency: Cape Verdean escudo
- Languages: Portuguese, English, Cape Verdean Creole
Employer Contribution
- 15.00% of the employer’s payroll must be contributed to social security.
Employee Contribution
- 8.00% of the employee’s payroll must be contributed to social security.
Value-added tax (VAT)
Cape Verde’s VAT system is similar to the European Union (EU) VAT system and is set at a rate of 15%.
Goods that are deemed superfluous or luxurious by the government are subjected to a special consumption tax ranging from 10% to 150%.
Paid Time-Off
Employees in Cape Verde are generally entitled to a minimum of 22 days of paid annual leave.
Sick Leave
In Cape Verde, workers are entitled to 30 days of sick leave, but this must be justified by providing a medical certificate.
Should an employee’s illness exceed 30 days, the employee shall be subject to an examination by the Health Board.
Maternity Leave
In Cape Verde, women are entitled to a maximum of 60 days of paid maternity leave paid at 80% of their regular wage.
Paternity Leave
In Cape Verde, men are entitled to parental leave equal to the mother in the event of the mother being unable to cater to the needs of the child (physical incapacity/death).
- In Cape Verde, prior notice should be given to the employee depending on the length of service and on the type of agreement in force.
- The minimum notice period is 15 days, and the maximum is 2 months.
- Only fixed-term employment agreements can be terminated by the employer on notice.
- Termination can be mutually agreed upon between employer and employee at will and under the proper conditions.
- Severance payments are calculated according to the seniority of the employee and the grounds for termination.
- It should be noted that termination with just cause does not entitle the employee to a severance payment in Cape Verde
- New Year’s Day (1st January)
- Democracy Day (13th January)
- Heroes’ Day (in Cape Verde) (20th January)
- Carnival (25th February)
- Ash Wednesday (26th February)
- Labor Day (1st May)
- Children’s Day (1st June)
- Cape Verde Independence Day (5th July)
- Assumption of Mary (15th August)
- All Saints’ Day (1st November)
- Christmas Day (25th December)
Seeking a Reliable Payroll Partner in Cape Verde?
Pay your talents are paid on time and without error! Our team at Africa HR Solutions also provides your company the guidance you need to ensure that your operations comply with Cape Verde’s labour Code and tax policies. Over the years, we have played a pivotal role in the expansion of over 400 clients across Africa by providing reliable HR and payroll and cross-border payment outsourcing solutions.
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While the content presented on this webpage is accurate as of the time of publication, it is imperative to recognise that the content is provided solely for informational purposes and does not constitute legal and/or tax advice. To obtain the most current and precise guidance, it is essential to verify specific details related to employment or compliance with our experts or consult your own legal and/or tax advisor(s). Africa HR Solutions Ltd. explicitly does not offer legal or tax advice. The information provided is general in nature, not tailored to a specific company or workforce, and does not reflect the service delivery of Africa HR Solutions in any given jurisdiction. Africa HR Solutions makes no representations or warranties regarding the accuracy, completeness, or timeliness of this information and disclaims any liability arising out of or in connection with it, including any loss resulting from the use of or reliance on the information.