The Cambridge operations office of Compandben International Ltd has been assisting a USA based telecoms firm in setting up employment in Zambia. In Zambia, the Employer social charges (the equivalent of NI in UK or FICA in USA) are only 5%. But on top of that multinational firms are usually expected to add private health cover which for an employee, spouse and 2 dependents is approx. US$10,000 per year.
Remuneration packages in Zambia are often expressed with a salary but also with lots of allowances which comprise 40% of the total. The allowances are comparatively tax efficient.
We have also implemented services in Senegal and South Africa for this client and the customer is in the process of extending the Compandben service to Tanzania and Uganda.
John Tinsley
Director Compandben SA Geneva Switzerland and Compandben International Ltd -Cambridge UK