One of the challenges of expanding across borders is learning how to set up payroll. You have to decide between multiple Kuwait payroll options, learn a whole set of labor laws, and make sure you’re complying with the country’s tax regulations. Fortunately, G-P makes it easier to expand to new locations with industry-leading Employer of Record (EOR) solutions.
Taxation rules in Kuwait
O Kuwait não tem nenhum imposto de renda pessoal. No entanto, tanto empregadores quanto funcionários têm que contribuir para a previdência social em um total de 19.5% do salário de um funcionário. Employers pay 11.5% of that, and the employee pays 8% up to a salary ceiling of KD 2,750 a month. All international companies need to pay a corporate tax rate of 15%.
Kuwait payroll options for companies
There are 3 different Kuwait payroll options to choose, including:
- Internal: You can create an internal payroll if you have a Kuwait subsidiary. However, you’ll need to hire a full HR team and ensure you have an expert in compliance on your team if you choose this option.
- Kuwait payroll processing company: Choosing to work with a Kuwait payroll processing company will ensure that you don’t have to worry about paying employees. No entanto, você ainda terá que se preocupar com a conformidade.
- Employer of Record (EOR): With an EOR like G-P, you won’t have to worry about anything because we’ll add employees to our compliant payroll and manage all matters of compliance, so you can focus on your business.
How to set up a payroll in Kuwait
You can’t set up your Kuwait payroll until you have a registered subsidiary in the country, which means it could take months or even a year before you can hire your first professional. G-P doesn’t have the same requirements — you can use our EOR solutions to start working immediately. We’ll also handle all employment compliance on your behalf.
Termos de direito/rescisão
Encerrar um contrato de trabalho é uma tarefa extremamente complicada no Kuwait. Você pode usar um período de experiência, mas ele não pode exceder dias 100 úteis. If you’re using an indefinite period employment contract and paying employees on a monthly basis, both you and the employee can terminate the contract with 3 months’ notice. You also need to pay employees an amount equal to 15 days of remuneration for their first 5 years of service and 1 month’s remuneration for every year after that, not exceeding 1.5 years’ remuneration.
Simplifique a gestão global da folha de pagamento com o G-P.
O G-P simplifica cada passo do processo de gestão da folha de pagamento com a Global Employment Platform. Pague sua equipe com confiança em qualquer lugar do mundo em moedas com nosso sistema de folha 150 de pagamento automatizado e pontual de 99%, tudo com apenas alguns cliques. Nossos produtos também se integram às principais soluções de HCM, sincronizando automaticamente os dados da folha de pagamento dos funcionários em todas as plataformas para criar uma fonte confiável e conveniente de verdade para as equipes de RH.
Entre em contato conosco para saber mais sobre como podemos apoiá-lo.