Setting up and managing payroll in Ghana
Ghana has a rapidly growing economy and is increasingly influential in the continent of Africa, making it an exciting place to do business and an attractive destination for foreign investment.
When expanding into Ghana, an important early step is likely to be hiring locally and establishing a payroll. However, these processes can be complex for foreign organizations to navigate. Language barriers, cultural differences, and unique sets of regulations can all add to the confusion.
A popular solution to this problem is to outsource your Ghanaian payroll setup and management to a specialist global PEO. At Horizons, we are experts in helping organizations expand into Ghana as smoothly as possible. We’ll handle your payroll setup and management, whether or not you have an established presence in the country already.
If you have an entity
Have you already set up a legal entity within Ghana? We can take all the complex payroll administration off your hands, helping you employ locally in accordance with local employment laws, managing HR, contracts, and any associated administration.
This service is well-suited to larger organizations and those who have already registered a presence in Ghana that could benefit from outsourced Ghana payroll and consultancy services.
If you don’t have an entity
If you don’t yet have a registered entity in Ghana, then we can provide a more comprehensive service option to get you up and running in the country. We can offer the use of our subsidiary in Ghana to act as employer of record for your hires so you don’t have to establish a legal entity yourself, saving you time.
Additionally, we will set up and run your Ghana payroll, handle any HR, compliance, and take care of all other associated work to ensure you can expand seamlessly into Ghana.
The simplest way to expand your business in Ghana
Reliable Delivery
We guarantee that all payments will be on time, your data will be secure, and you can be up and running within just 48 hours.
An Established Presence
Our in-country subsidiary will act as employer of record, offering you a presence in Ghana for legal local employment.
Flexible Solutions
Our team will manage all of the admin, payroll, HR, and taxes, so you can focus on building your business in Ghana.
Up-To-Date Compliance
We’ll ensure you stay fully compliant at all times with the laws laid out in Ghana’s employment regulations.
A Single Point of Contact
Our centralized service gives you a single point of contact, simplifying the entire Ghanaian employment process.
Proven Global Expertise
Our in-house teams of payroll and HR experts have already helped all kinds of organizations expand globally.
Ghana payroll guide
What are the withholdings and tax regulations in Ghana?
Employers and employees in Ghana must contribute a percentage of salaries to the country’s social security scheme. Employers must pay 13% and employees must pay 5.5%.
Employee entitlements and terminations in Ghana
Employees in Ghana who are on contracts lasting under three years are legally entitled to two weeks of notice prior to termination. Those on contracts of more than three years are entitled to one month of notice.
Some contracts include specific clauses waiving the need for notice of termination.
How to establish a Ghana payroll
Setting up a payroll in Ghana is a complex process, and you will need to deal with language, cultural, and procedural differences if you want to set it up yourself. You will need to first register an entity in Ghana, then register with the appropriate tax authorities, and so on.
These initial processes can take weeks or months to finish, which could significantly stall your expansion progress.
A simpler option is to outsource all of your Ghana payroll setup and management to Horizons. Our experts will handle everything for you, from setup to HR and compliance work. We also offer our Ghanaian subsidiary to act as employer of record for your in-country employees, so you can benefit from our outsourcing solutions even if you don’t have an entity in Ghana.
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Your all-in-one solution for payroll outsourcing and Ghana expansion
Horizons’ Ghana payroll, PEO, and employer of record services give your business everything you need to begin trading in Ghana in as little as 48 hours, whether or not you have an entity already registered in the country, and could even save you more than 80% in expansion costs.
Additionally, our Slovakia employment experts can handle your company’s payroll, benefits, and expenses in Slovakia, as well as compliance and HR. As the only global PEO with an in-house recruitment team, our Slovakia team can also source, recruit, and onboard your local staff rapidly and compliantly.
