Ivory Coast Payroll Outsourcing, Payroll Software and Employer Of Record (EOR) services.
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Foreign nationals must have the appropriate work authorizations and visas in order to begin employment in Ivory Coast.
The standard entitlement is 26 days of leave per year after completing one year of service.
Increased Leave Based on Service:
Each employee is entitled to 5 days of paid sick leave per year.
Female employees are entitled to 14 weeks of paid maternity leave.
The Labour Act provides for 2 days of paid paternity leave.
Ivory Coast has 14 paid public holidays.
N/A
According to the 2015 labor law, businesses must give severance compensation to an employee who is let go but has not engaged in substantial misbehavior.
Covered by Social Security. Must be examined for a work-related illness or injury. There is no set time frame for eligibility. Accidents that happen on the way to and from work are protected.
The rates used to calculate contributions are as follows:
Contributions are calculated on all salaries, including benefits in kind and allowances, except those meant to reimburse expenses.
Contribution Ceilings:
Monthly: XOF 70,000 for family benefits, maternity insurance, and work accidents.
Covered by Social Security.
The CMU has two payment tiers:
Risk Insurance
According to the Labor Code of Ivory Coast, businesses are obligated to offer risk insurance to their workers. Also referred to as workers compensation.
Private workers compensation is available in Ivory Coast.
Private retirement schemes are available in Ivory Coast.
Private healthcare is available in Ivory Coast.
Private life insurance is available in Ivory Coast.
The taxable period in the Ivory Coast is the calendar year.
Employee Income Tax:
Applies to 80% of gross income, withheld by employers
1.5%
Applies to 80% of gross income – rates from 0% to 10%
0% – Up to 600,000 XOF
1.50% – From 600,000 XOF to 1,560,000 XOF
5.00% – From 1,560,001 XOF to 2,400,000 XOF
10.00% – Above 2,400,000 XOF
Progressive rate from 15% to 60% (calculated in relation to the national contribution and the number of dependent ratios or “parts” – includes a 15% deduction)
Taxable base T = (Gross Income x 80% – (IS + CN)) x 85%
0% – Up to 300,000 XOF
10.00% – 300,001 XOF to 547,000 XOF
15.00% – 547,001 XOF to 979,000 XOF
20.00% – 979,001 XOF to 1,519,000 XOF
25.00% – 1,519,001 XOF to 2,644,000 XOF
35.00% – 2,644,001 XOF to 4,669,000 XOF
45.00% – 4,669,001 XOF to 10,106,000 XOF
60.00% – Over 10,106,000 XOF
The taxation approach is a progressive income tax.
Ivory Coast does have DTA’s in place.
An individual is regarded as a tax resident in Ivory Coast if they maintain their habitual abode or permanent residence there, or if they stay there for more than 183 days in a single tax year.
The payroll cycle in the Ivory Coast can be weekly or monthly.
No noteworthy tax credits or rebates.
The CMU has two payment tiers:
According to the 2015 labor law, businesses must give severance compensation to an employee who is let go but has not engaged in substantial misbehavior.
The rates used to calculate contributions are as follows:
Contributions are calculated on all salaries, including benefits in kind and allowances, except those meant to reimburse expenses.
Contribution Ceilings:
Monthly: XOF 70,000 for family benefits, maternity insurance, and work accidents.
This covers earnings from jobs, side hustles, businesses, investments, rental income, and other sources of income.
There is no statutory requirement to provide bonuses.
The Labor Code in Ivory Coast does not contain any explicit required benefits in kind for employees.
Investment income is subject to taxes in Ivory Coast as part of the nation’s income tax system. This includes earnings from dividends, interest, capital gains, and rental income, among other types of income.
Covered by Social Security.
The CMU has two payment tiers:
According to the Labor Code of Ivory Coast, businesses are obligated to offer risk insurance to their workers. Also referred to as workers compensation.
All types of income, whether derived domestically or abroad, are considered to be taxable income in Ivory Coast. This covers earnings from jobs, side hustles, businesses, investments, rental income, and other sources of income.
Employers in Ivory Coast are permitted to take specific costs from their workers’ paychecks, including social security payments, income tax withholdings, and other permitted deductions like union dues or voluntarily made pension plan contributions.
Personal allowances for dependents don’t impact IS, CN, or CNPS but are accounted for in the IGR schedule.
IGR allowances are based on deduction ratios, or “parts,” linked to family status. Unmarried taxpayers can deduct one part, married taxpayers two parts, and an additional half part for each dependent child, with a family maximum of five parts.
The entire taxable pay, which includes salary, benefits, and benefits in kind, is taxed at rates of 2.8% for local employees and 12% for expatriate personnel.
According to the 2015 labor law, businesses must give severance compensation to an employee who is let go but has not engaged in substantial misbehavior.
The rates used to calculate contributions are as follows:
Contributions are calculated on all salaries, including benefits in kind and allowances, except those meant to reimburse expenses.
Contribution Ceilings:
Monthly: XOF 70,000 for family benefits, maternity insurance, and work accidents.
Covered by Social Security. Must be examined for a work-related illness or injury. There is no set time frame for eligibility. Accidents that happen on the way to and from work are protected.
All types of income, whether derived domestically or abroad, are considered to be taxable income in Ivory Coast. This covers earnings from jobs, side hustles, businesses, investments, rental income, and other sources of income.
The taxation approach is a progressive income tax.
The entire taxable pay, which includes salary, benefits, and benefits in kind, is taxed at rates of 2.8% for local employees and 12% for expatriate personnel.
According to the 2015 labor law, businesses must give severance compensation to an employee who is let go but has not engaged in substantial misbehavior.
Benefits are as follows:
Prenatal Benefits:
Maternity Benefits:
Worker’s Household Allowances:
Family Allowances:
Eligibility:
Compensation:
Reimbursements:
Must be examined for a work-related illness or injury.
Retirement Pension:
Solidarity Allowance:
Single Allowance:
Survivor’s Pension:
20% of the deceased’s pension per child, up to 100% of the total pension.
Must be examined for a work-related illness or injury.
The probationary period, yearly leave, public holidays, sick leave, maternity leave, overtime pay, notice period, and severance compensation are some of these. Social Security payouts are also included in statutory benefits.
The probationary period, yearly leave, public holidays, sick leave, maternity leave, overtime pay, notice period, and severance compensation are some of these. Social Security payouts are also included in statutory benefits.
Ivory Coast Labor Code
This information is provided solely for informational purposes and should not be used as a substitute for professional advice in any jurisdiction. You should hire your own legal, tax, and accounting professionals as part of your worldwide payroll needs.
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