GUINEA BISSAU
HR Outsourcing Services
Delegate Your HR Functions To Us in Guinea Bissau
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About Guinea Bissau
Page Last Updated: 28/05/2024
Guinea-Bissau, nestled on West Africa’s coast, offers a unique blend of culture and natural beauty. Despite challenges, it presents opportunities for businesses. Africa HR Solutions streamlines entry into Guinea-Bissau’s market, handling employee onboarding and payroll management efficiently and compliantly, allowing businesses to focus on growth while we handle the complexities of HR in Guinea Bissau.
Population: 1.98 M
Gross Domestic Product (GDP): $2.15 B
GDP Growth: 5%
Inflation: 3%
Foreign Direct Investment (% of GDP): 1.34%
Unemployment Rate: 3.24%
Capital: Bissau
Currency: West African CFA franc (XOF)
Languages: Portuguese
Guinea Bissau Payroll at a Glance
Currency
West African CFA franc (XOF)
Income Tax
1% – 14%
Employer Taxes
14%
Employee Contribution
8%
Fiscal Year
1 January – 31 December
Date Format
dd/mm/yyyy
- Guinea-Bissau’s economy is primarily based on agriculture, with cashew nuts being the main export crop. Fishing and forestry are also important sectors.
- Guinea-Bissau gained independence from Portugal on September 24, 1973, and became fully independent on September 10, 1974.
- The culture of Guinea-Bissau is rich and diverse, influenced by African traditions, Portuguese colonial heritage, and indigenous beliefs.
- The cuisine of Guinea-Bissau reflects its diverse cultural heritage. Common ingredients include rice, fish, cassava, and tropical fruits.
- Guinea-Bissau is a republic with a semi-presidential system. The President of Guinea-Bissau is the head of state and the Prime Minister is the head of government.
- New Year’s Day
- International Women’s Day
- May Day
- Anniversary of the Killing of Pidjiguoiti
- Korite
- National Day
- Feast of Sacrifices
- Anniversary of the Movement of Readjustment
- Christmas Day
Trusted by Inspiring Changemakers.
Africa HR Solutions is for us everything what we have hoped for. Customer- and people oriented, fast and always willing to think along and find the best possible solution. We get professional services and an exceptional single point of contact.
Mirèl SoerNutreco - Middle-East & Africa 
Africa HR Solutions has been a great partner to our organisation, allowing us to quickly expand and operate in new markets while they flag and support management of compliance and risk issues. We now use Africa HR Solutions for support in some capacity in 8 of our geographic locations.
Hilary HanbidgeDirector - VillageReach 
Africa HR Solutions has taken the stress out of compliance - we no longer have to worry about changing regulations. Their team is professional, knowledgeable, and always available. Payroll runs smoothly, which saves us valuable time and our staff appreciates being paid on time! Kudos to the team!
SheilaDirector - Non-Profit Organisation 
Africa HR Solutions is responsive, proactive, and accommodating, even with the time difference. In fact, it works in my favor—they have time to handle tasks before I start my day. Our payroll, especially in Senegal, is complex, but their attention to detail and willingness to go the extra mile definitely stand out.
AldoPayroll and Data Manager - Non-Profit Organisation 
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