Employer of Record Malawi | INS Global

Employer of Record Malawi

Expanding to Malawi? EOR (Employer of Record) Services Help You Hire Globally, Pay Locally, and Expand Effortlessly

Are you considering the best way to start a venture or expansion in Malawi? Employer of Record solutions offer a seamless approach to recruiting and managing personnel, eliminating the necessity for a local establishment. Skillfully manage a globally dispersed workforce and swiftly enter new markets with the assistance of INS Global’s adept HR recruitment and payroll specialists. 

Employer of Record Malawi - Summary

The Advantages of Using an EOR or Professional Employer Organization in Malawi

Legal Compliance Assurance

Select an Employer of Record (EOR) service well-acquainted with Malawi’s regulatory intricacies for efficient recruitment and supervision of a global workforce. This proactive strategy safeguards against potential penalties, providing tailored support aligned with Malawi’s regulations. 

Lower Expansion Costs

Partnership with an Employer of Record in Malawi accelerates and simplifies global expansion while substantially trimming the typical expenses linked with growth. Expand your operations without the need for a new entity in Malawi, resulting in significant overhead savings. 

Focus on Growing Your Company

An Employer of Record in Malawi shoulders all HR responsibilities on your behalf, streamlining operations and affording you the liberty to concentrate solely on your business’s international objectives. 

Expand Effortlessly

Establishing a new enterprise in Malawi can be time-consuming, while working with a local Employer of Record expedites the expansion process, ensuring entry into the Malawian market in just a week. 

Manage Your HR Online

INS Global presents an effective avenue for managing your diverse, global workforce online through an advanced digital platform. Leverage our cutting-edge proprietary cloud-based HR system to effortlessly supervise all your employees and their requirements remotely. 

Why Choose an EOR in Malawi Over Company Incorporation?

Establishing a new company in a foreign jurisdiction is often intricate and full of potential problems, especially if you’re unfamiliar with local regulations and employment norms.  

Instead, engaging with a Malawian EOR saves time in international business growth, curtails expansion costs, assures local compliance, and permits a focus on business development within Malawi’s distinctive landscape. 

testimonial from Manuel Ramos

Testimonial

Manuel Ramos

TERAO ASIA

Managing Director

We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately. 

5/5

How Does an Employer of Record In Malawi Work?

INS Global’s EOR in Malawi paves the way for your company’s overseas expansion in 4 steps tailored to your specific needs: 

  1. We collaborate with your business to devise a personalized expansion plan. 
  2. We provide the requisite legal entity for hiring or transferring staff, ensuring adherence to Malawi’s legal mandates. 
  3. We manage HR tasks, encompassing hiring, contract administration, and payroll management, guaranteeing local compliance in Malawi. 
  4. Your employees can concentrate on business objectives while we take care of dynamic HR and legal compliance needs going forward. 

What is the difference between PEO and Employer of Record Services in Malawi?

In Malawi, PEO (Professional Employer Organization) services handle diverse HR tasks, functioning as a strategic partner.  

In addition to this, Malawian Employer of Record (EOR) providers possess the legal authority to oversee employee hiring and management, simplifying the process from inception to conclusion. 

INS Global extends both options, ensuring that whether you seek an EOR or PEO in Malawi, you receive the support essential for comfortable expansion, featuring adaptability tailored to Malawi’s business environment. 

Labor Law in Malawi

Employment Contracts in Malawi

  • Professional employment in Malawi always starts with an official letter of employment. 
  • In most cases, employers can include a probation period that can’t exceed 12 months. 
  • An employer can end an employment contract early if the employee violates the conditions of their contract. 
  • Employees are entitled to 1 month’s notice if they are paid monthly. This shrinks to 15 days if the employee is paid bi-weekly. 
  • Severance pay is required for employees who have served for longer than a year. Severance is equal to 2 weeks’ pay for each year of service from the 1st to 5th year. This increases to 3 weeks’ pay for each year completed from the 6th to 10th year. This increases again to 4 weeks’ wages for each year from the 11th year onward. 

Working Hours in Malawi

  • The working week in Malawi runs from Monday to Friday. 
  • Full-time employees generally work 8 hours per day, 48 hours per week. 
  • Employees are not allowed to work more than 40 hours per week without receiving overtime pay. 
  • Employees are entitled to a higher hourly rate for overtime. This is 150% of the basic rate which increases to 200% for working on holidays. 

Annual Leave in Malawi

  • Malawi has 12 official national holidays. 
  • Employees are entitled to 18 days of paid annual leave every year if they work 6 days a week and 15 days if they work 5 days a week. 

Sick Leave in Malawi

  • When an employee is unable to attend work due to illness, they need to get a doctor’s note and present it to HR as soon as possible.  
  • Employees are entitled to up to 4 weeks of sick leave as long as they have served more than a year at the company. 

Maternity / Paternity Leave in Malawi

  • According to Malawian law, female employees are entitled to 8 weeks of maternity leave. 
  • Female employees can only benefit from maternity leave once every 3 years. 
  • Male employees are not entitled to paternity leave. 

Tax Laws in Malawi

  • Employers in Malawi are responsible for withholding all taxes and social contributions. 
  • Employers contribute the equivalent of 10% of the employee’s salary to their social security fund, while employees contribute an additional 5%. 
  • The corporate income tax rate is set at 30% for both local and foreign companies. 
  • Personal income tax ranges from 0% to 35%.  
Employer of Record Malawi

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FAQs

While establishing a local entity is an option, teaming up with a local Employer of Record proves more efficient in Malawi. Employer of Record services leverage local expertise, facilitating hiring and staff management on your behalf. 

An Employer of Record in Malawi manages various HR tasks, such as payroll processing, tax compliance, employment contracts, and contributions to social security, ensuring comprehensive compliance for your entire workforce. 

Establishing a new company abroad can take months to a year, but with INS Global’s EOR services, you can recruit employees and enter a new market in as little as a week. 

EOR service costs are directly tied to your employee’s salary, calculated as a percentage and covering all HR functions for compliant employment in Malawi. 

Yes, collaborating with an Employer of Record in Malawi is a legal and efficient solution, streamlining your expansion plans while reducing costs. 

Salaries are typically processed monthly for full-time employees, while part-time workers may receive weekly or bi-monthly payments. 

Recruitment costs in Malawi vary, but INS Global simplifies remote recruitment and staff management, reducing the expenses associated with managing an international workforce. 

An Employer of Record in Malawi can recruit and hire employees from all regions, facilitating swift expansion across the country. 

Modifications to employment contracts require mutual agreement. 

Yes, employers in Malawi are responsible for withholding taxes and social contributions from employee salaries, including an employer’s contribution to each employee’s social security fund. 

INS Global customizes its services to your company’s needs, assisting with recruiting and hiring as many or as few employees as required for your expansion plans. 

Severance pay is required for employees who have served for longer than a year. Severance is equal to 2 weeks pay for each year of service from the 1st to 5th year. This increases to 3 weeks pay for each year completed from the 6th to 10th year. This increases again to 4 weeks wages for each year from the 11th year onward. 

In Malawi, employees can be hired for both in-person and remote opportunities, allowing for reduced overheads during international expansion. 

Certainly! Our local experts bring extensive experience in finding top talent globally by providing support in recruiting, hiring, and managing your workforce, regardless of your location. 

Malawi observes 12 public holidays where employees are entitled to a paid day off. Working on these holidays usually involves a higher hourly rate. 

Employers must adhere to strict labor laws and regulations to avoid costly penalties and fines. Partnering with an experienced EOR in Malawi ensures compliance during your expansion. 

Yes! INS Global assists in the recruitment and management of a diverse workforce, simplifying the process of hiring both Malawian citizens and foreigners. 

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