MOZAMBIQUE
HR Outsourcing Solutions

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About Mozambique

Page Last Updated: 28/05/2024

Located along the Indian Ocean in southeastern Africa, Mozambique is a land of stunning coastlines and rich cultural heritage. As its economy grows rapidly, businesses find promising opportunities for expansion. Yet, navigating local regulations and HR operations can be daunting. Africa HR Solutions offers streamlined payroll services and employee onboarding, ensuring compliance and seamless integration into Mozambique’s market. 

Population: 34.86 M


Gross Domestic Product (GDP): $22.98 B
GDP Growth: 5%
Inflation: 4.4%
Foreign Direct Investment (% of GDP): 16.4%
Unemployment Rate: 3.79%
Capital: Maputo
Currency: Mozambican metical (MZM)
Languages: Portuguese

Mozambique Payroll at a Glance

Currency

Mozambican metical (MZM)

Income Tax

10% – 32%

Employer Taxes

4%

Employee Contribution

3%

Fiscal Year

July – June

Date Format

dd/mm/yyyy

  • Mozambique’s economy is diverse, with key sectors including agriculture, mining, energy, tourism, and manufacturing.
  • Portuguese is the official language, inherited from colonial rule, although numerous indigenous languages are also spoken.
  • Mozambique boasts a stunning coastline along the Indian Ocean, with pristine beaches, coral reefs, and tropical islands.
  • The country’s cultural heritage is rich and diverse, influenced by indigenous traditions, Portuguese colonialism, and Arab and African migration.
  • Mozambique’s natural beauty, including its beaches, marine life, and national parks, offers significant potential for tourism development.
  • New Year’s Day
  • Heroes’ Day
  • Women’s Day
  • Worker’s Day
  • Independence Day
  • Victory Day
  • Armed Forces Day
  • Peace Day
  • Christmas Day

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