Employment Cost Calculator for Guinea-Bissau
Calculate your complete hiring costs for Guinea-Bissau employees, including payroll taxes, social security contributions, employee benefits, and management fees. This salary calculator provides accurate employer cost estimates for informed hiring decisions.
Employer Tax Contributions
| Tax Type | Rate | Base |
|---|---|---|
| Social Security (INSS) | 14% / 16% | Gross Monthly Salary |
| Personal Income Tax (IRT/IRPS) | 0% to 35% / 5% to 15% / 0% to 20% | Employee Income |
| Corporate Income Tax | 25% | Company Profits |
Filing & Compliance
- Monthly Social Security (INSS) contributions and IRPS withholding remittance are due by a specific date each month.
- Income tax returns are due every three months for payroll, and annual summaries are generally required.
- New employees must be registered with the INSS and potentially tax authorities.
Income Tax Brackets
| Income Range | Tax Rate |
|---|---|
| Up to XOF (no specific threshold provided) | 1% - 6% |
| (Specific brackets not widely published; progressive system) | 0% - 35% |
Employee Contributions
| Deduction Type | Rate | Cap |
|---|---|---|
| Social Security (INSS) | 8% of gross monthly salary | No maximum earnings |
| National Health Insurance (CNAM) | 4% of gross salary | (Not specified) |
| National Employment Fund (FNEF) | 2% of gross salary | (Not specified) |
Personal Allowances
- Certain work-related expenses (subject to rules and limits)
- Contributions to approved pension schemes beyond mandatory INSS
