Hire in Madagascar

Employer of Record(EOR) in Madagascar

Madagascar Workforce Unlocked: How Employer of Record Makes Hiring Easy

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At a Glance

Capital City
Antananarivo
ChaadHR entity
Languages
Malagasy, French

Pricing

Hire employees
$599.00 / month
Hire contractors
$49.00 / month

Overview

Madagascar is located in East Africa and is an island nation in the Indian Ocean. The country holds an economic freedom score of 58.9. This makes Madagascar the 98th freest country in the 2022 list. The Republic of Madagascar has grown remarkably in terms of GDP since 2021. Madagascar ranks 12th out of 47 countries in the Sub-Saharan Africa region.

Major economic hubs:

Antananarivo, Toliara, And Antsiranana

Skills in demand :

General Manager, Software Developer, IT Professionals

Public and Provincial Holidays

Employee Leaves

Taxes

Resident Tax Information

The residents of Fiji are taxed on their worldwide income, but they may be eligible for foreign tax credits if the money was earned in certain countries.

The income taxes for residents of Fiji are below —

Social Security

The contribution that both employers and employees pay toward social security is a mandatory requirement in Fiji.                                          

The rate of contributions are as below —

Statutory Benefits

The employee benefits that an employer must provide their employees in Fiji include -

  • A regular workweek in Fiji is forty-eight hours. Any additional hours worked by employees are considered overtime. The overtime pay differs based on different industries.
  • Contributions toward social security
  • Statutory leaves

Fringe Benefits

In Fiji, fringes benefits are given to employees. These can be either monetary or non-monetary depending on the business requirements and budgets set for providing them as well as what goals one might want their company reach through this practice of offering perks that help attract quality staff members who will work hard towards achieving those objectives.

  • Housing benefits
  • 13th-month pay
  • Gym membership
  • Meal vouchers
  • Additional paid
 time off
  • Flexible working hours
  • Company vehicle
  • Commuting expenses

Exempt Benefits

Charitable contributions made to approved organizations by individuals up to FJD 100,000 are exempt.

Long-term Incentives

Long-term incentives are commonly offered for over twelve months. Employers offer long

term incentives as a part of the strategic plan to attract talent.  

Commonly offered long-term incentives in Fiji include –

  1. Employee stock options to key employees
  1. Private insurance covers that include health insurance and life insurance
  1. Dental covers
  1. Performance-linked incentives

Termination/Severance in Algeria

Termination Process

An employer may terminate an employee by giving one month’s written notice or any other notice period as agreed by them mutually in the employment agreement. However, in the event of summary dismissal, no notice is required.

Notice Period

The notice period in Fiji is generally up to one month.

Severance Pay

A sum equal to and not less than 5/6th of a day’s wages for each completed month of the period of employment.

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Employer of Record

With our Employer of Record(EOR) network you don't need to set up entities to hire full-time talent abroad. We help you hire in 150+ countries and ensure 100% compliance with local laws.

EOR in 150+ countires
Handle taxes, social contributions
compliance ready System

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We take care of all the details to make sure you comply with local laws, including those related to taxes, social security, the minimum salary, termination regulations, and more.

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CLIENTS

Trusted by global businesses and leaders

“ChaadHR is like a global-hiring specialist sitting by our side, and makes hiring globally as smooth as hiring on our local sites. We hire people, present requirements, and ChaadHR covers everything else.”

Yuki Akiyama
HR Director, Bimgoo

“Hiring compliance is always a complicated issue during global hiring. ChaadHR optimized this problem transparently and thoroughly. We no need to worry furthermore, and our employees and contractors also feel comfortable and give us positive feedback about ChaadHR."

Andrew Ellison
Hiring Manager, Wimton Logistics
PRICING PLAN

Pick plan that best suits your needs

Contractor
$ 49.00 USD
/mo
Get started
per month, per contractor
Compliant contracts for 150+ countries
Free local payments in 70+ currencies
Manage payroll, compliance and onboarding, all in one place
International payments at low cost
Employee
$ 299.00 USD
/mo
Get started
per month, per employee
Leverage our EOR, Hire employee in 150+ countries.
Local tax, employment, accounting and legal expertise
Offer local benefits
24/7 customer service
Global Payroll
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Multi-country payroll in countries where you have entities
Streamline your global payroll processing
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Professional technical support team
Free consultations with our in-house HR and legal experts
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