PEO SERVICES IN EGYPT

Our PEO Services in Egypt can help you make your expansion hassle-free and cost-effective, enabling you to start your Egyptian business in days. With a qualified and talented workforce, multifaceted employment and tax laws, a developing infrastructure network linking to the rest of the world, and leading sectors in mining, industry, agriculture, and tourism, expanding into Egypt can bring excitement to the possibilities, but also significant stress to ensuring the entity with the country’s rigorous legal structures and laws.

Ensuring compliance without sufficient knowledge of the country’s laws also adds to the stress of getting your new entity off the ground and ready to test new markets. Going at it without the proper support can increase the costs, time and risks involved. Working in Egypt requires various procedures, some before entering and some completed after arrival. Generally, employers are part of the process. Timelines are variable but typically between one and two months pre-entry and two to four months post-entry. Knowing the system can be a boon to the uninitiated in all aspects of company expansion into Egypt.

Bradford Jacobs has been a Professional Employer Organisation (PEO) and Employer of Record for more than 20 years and is aware of the intricacies and necessary measures when it comes to completing the paperwork successfully. Start as you mean to go on with the best advice and qualified specialists who can navigate the system, saving you time and dealing with obstacles that occur. 

Why choose a PEO when expanding into Egypt?

A Professional Employer Organisation offers you a launchpad for Global Expansion. By using our PEO services in Egypt there is no need to set up a legal entity including all tax registrations and complicated paperwork, and you can start doing business within days. At Bradford Jacobs, we made it our goal to gain expert inside knowledge on Egyptian payroll, taxes, labour laws, and other local regulations. By utilising our sources, you can start your Global Expansion hassle-free and at a low cost. We can provide specific support for payroll, taxation, Human Resources, and compliance issues as you expand your operations and enforce your workforce.

If you are ready to start your global success with us, you can add new international talent to your company within days. We have the connections and network to locate talents that meet your needs and wishes on all levels. Without the need for you to create an Egyptian subsidiary, your new employee can benefit your business in Egypt in days instead of months. Needless to say, we ensure your company complies with all regulations and laws, areas to which can incur severe penalties would you fail to adhere. Your chosen candidate is hired through our agencies in Egypt and remains under your day-to-day control.

How does a Professional Employer Organisation work in Egypt?

Your business is not like any other, and we get that. Your international plans require solutions that match them, your goals, and your business strategy. Therefore, our PEO services in Egypt provide a consultative approach and a tailor-made solution because we know one size does not fit all.

A PEO works with Employer of Record (EOR) agencies. Our EOR agencies in Egypt enable you to operate staff in-country without worrying about HR (Human Resources) services, tax, payroll, hiring, firing, or adapting to changes in local regulations and employment laws. The EOR will take on these tasks and will be fully responsible.

When you hire us as a PEO, we agree and establish a contract between you and Bradford Jacobs. We have also agreed with your new employee in Egypt and signed an employment contract with this person. Your new workforce’s daily workflow and tasks will be under your guidance. Although we function as your employee’s legal employer, they perform duties for your business as a part of your team.

  • You want to deploy an existing employee or recruit new talent in Egypt

  • Once the candidate is selected, Bradford Jacobs steps in as their EOR through our Egyptian entity. We guarantee compliance with employment contracts, payroll, HR, tax, required visas or work permits

  • Within a few days, your company will have an international presence in a new market, in a prime position without the risks, hassle, or expenses of setting up your subsidiary

  • You will control the employee daily while we manage all work-related registration formalities. Our consultants inform your employee about their holidays, benefits, and entitlements policies

  • All approved declarations and completed timesheets are sent to us by the employee. We will invoice you, and once the payment is completed, we will deduct all contributions from the authorities and transfer the balance into the employee’s account.

What are the benefits of using PEO services in Egypt?

When expanding your business into Egypt, there are many opportunities to seek and explore. By using our PEO Services in Egypt, you can solely focus on these opportunities without worrying about the following:

  • Registering with the Tax Office
  • Registering with the Social Security
  • Setting up a bank account
  • Creating employment contracts
  • Applying for special expatriation status (if applicable)
  • Calculating monthly salary and producing payslips
  • Researching available tax-free allowances
  • Submitting wage tax returns and national insurance forms
  • Corresponding with involved parties
  • Annual accounts, administration, and year-end statements
  • Creating payment schedules for wages tax, national insurance, and net wages
  • Personal income tax returns

Our PEO and EOR employment solutions enable you to create and maintain your mobile workforce legally and officially employed in Egypt without establishing a legal entity in-country. No expensive, time-consuming processes with the risk of not complying with foreign laws and regulations, but an efficient, fast, and stress-free alternative to conquer new markets.

You select your candidates, and we do the rest. We provide:  

  • Customised solutions for all nationalities moving to work in Egypt
  • Local specialists providing you with ongoing business support
  • Extensive EOR expertise ensuring that your employees benefit from any treaties on expatriate tax, double taxation treaties, reclaimable expenses, or social security agreements
  • Employees can use their accountant and cover the fees to the level our accountant charges.
  • One-to-one contact with our consultants

Benefits for Employers when using PEO services in Egypt

  • A rapid solution to onboarding employees for your International Expansion
  • Total control over operating budgets as all costs are detailed at outset for full transparency
  • Minimal paperwork or red tape. Since you do not need to set up an entity, you can start operating in Egypt within days
  • Expert guidance with employment and compliance issues
  • Reduced accountancy and legal costs
  • Statutory professional insurance

Benefits for Employees when using PEO services in Egypt

  • Worry-free local employment contract compliant with Egyptian regulations
  • On-time and 100% accurate salary payment
  • Great benefits
  • One-to-one professional HR advice
  • Updates on tax and compliance regulations

LOOKING TO EXPAND INTO EGYPT?

For more information, download our free guide or get in touch with our consultants here