Employer of Record in Guyana

Guide to Hiring Employees in Guyana

Your guide to hiring employees in Guyana, covering the employment landscape, working customs, and local labor laws.

Capital City

Georgetown

Currency

Guyanese Dollar

 (

$

)

Timezone

GMT -4

Payroll Frequency

Tax Year

Employer Tax

Languages

English

Guyanese Creole

Leave The hiring to a local expert

Hire in Guyana with ease—our experts handle employment and compliance for you.

Enquire Now

How to Hire In Guyana

Hiring in Guyana for the first time can be overwhelming, especially when navigating unfamiliar employment laws. Whether you hire independent contractors, set up a legal entity, or use an EOR service, understanding the local employment landscape is crucial for success. Playroll’s comprehensive guide can help you get started if you're hiring locally or relocating a team member.

Companies can hire employees in Guyana in the following three ways:

  • Setting up a local entity. Entity establishment reduces risk exposure and enables direct hiring, but can be costly and time-consuming – making it less practical for companies seeking quick and flexible solutions for hiring in Guyana.
  • Partnering with an Employer Of Record. An EOR, like Playroll, is a third-party entity that serves as the legal employer of your international workforce which hires, pays, and manages compliance with Guyana’s labor laws and tax regulations.
  • Hiring independent contractors. Hiring contractors gives companies a flexible, affordable alternative to hiring local employees, though it involves unique misclassification risks.

Good To Know

Guyana has one of the fastest-growing economies in the world, with a GDP growth of 43.5% from 2019 to 2020 due to a recently discovered offshore oil field 120 miles from Georgetown.

Guyana’s main focal points of industry are bauxite, sugar, rice milling, timber, textiles, gold mining, and oil making up 30.7% of its total GDP.

The Guyanese workforce is relatively young and growing. The country has a shortage of skilled labor in some sectors, such as information and communications technology (ICT), engineering, and healthcare.

The literacy rate in Guyana is 85%. The country has a number of universities and technical colleges.

How to Employ In Guyana

Businesses can only operate smoothly in Guyana if they comply with local labor laws including drafting compliant employment contract agreements and meeting taxation and payroll obligations. Learn more about the employment laws and regulations in Guyana below, to avoid any compliance issues.

Onboarding Process

We can help you get a new employee started in Guyana quickly, with a minimum onboarding time of just 1-2 working days. The timeline starts once the employee submits all required information onto the Playroll platform and completes any necessary local authority registrations. For non-nationals, the Right to Work assessment (if applicable) may add up to three extra days. Additional time may be needed for follow-ups on this assessment.

A collage of people in various careers

Payroll Management in Guyana

Payroll Cycle in Guyana

The payroll cycle in Guyana is usually Monthly, with employees being paid as stipulated in employment contract.

Overview of Employment Taxes in Guyana

Info Icon

The tax-related information provided in this guide is intended for general guidance and informational purposes only. Reach out to our dedicated team for insights on remote hiring in Guyana tailored to your needs.

CTA Image showing employees in various countries across the globe
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Get an instant breakdown of the true costs of hiring in Guyana.

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Leave Entitlements And Company Policies In Guyana

Mandatory Leave Entitlement in Guyana

The annual leave entitlement in Guyana is 1 day for every 20 days worked for a full time worker. These can include public holidays on top of that or within those days, which would otherwise be unpaid.

An Employer of Record (EOR) helps businesses manage annual leave, paid time off (PTO), and local holidays across the globe, including in Guyana. By partnering with an EOR, companies ensure full compliance with local labor laws in Guyana when it comes to annual leave and time-off management. EOR providers like Playroll offer platforms that simplify tracking and managing employee time off in Guyana. By outsourcing this responsibility to Playroll, you can streamline leave management, ensure compliance, and free up time to focus on other business priorities.

Employment Termination and Severance Policies in Guyana

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Woman with glasses
Woman with glasses

Take your business to new places

Employer of Record for Guyana

  • hire icon Hire employees without entity setup.
  • handshake icon Full compliance, we assume 100% liability.
  • gift icon Handle local payroll and benefits seamlessly.
  • headphones icon 24/5 responsive real-human support.
  • money icon Transparent pricing, no hidden fees.

FAQS

FAQs About Hiring In Guyana

Playroll makes growing your team in Guyana effortless. Ready to start?

The HR Platform built to scale your global team.

Employer of Record in [State]

Guide to Hiring Employees in [State]

Your guide to hiring employees in [State], covering the employment landscape, working customs, and local labor laws.

Capital City

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Employer Tax

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Leave The hiring to a local expert

Hire in Guyana with ease—our experts handle employment and compliance for you.

Enquire Now

How to Hire In Guyana

Hiring in Guyana for the first time can be overwhelming, especially when navigating unfamiliar employment laws. Whether you hire independent contractors, set up a legal entity, or use an EOR service, understanding the local employment landscape is crucial for success. Playroll’s comprehensive guide can help you get started if you're hiring locally or relocating a team member.

Companies can hire employees in Guyana in the following three ways:

  • Setting up a local entity. Entity establishment reduces risk exposure and enables direct hiring, but can be costly and time-consuming – making it less practical for companies seeking quick and flexible solutions for hiring in Guyana.
  • Partnering with an Employer Of Record. An EOR, like Playroll, is a third-party entity that serves as the legal employer of your international workforce which hires, pays, and manages compliance with Guyana’s labor laws and tax regulations.
  • Hiring independent contractors. Hiring contractors gives companies a flexible, affordable alternative to hiring local employees, though it involves unique misclassification risks.

Good To Know

Guyana has one of the fastest-growing economies in the world, with a GDP growth of 43.5% from 2019 to 2020 due to a recently discovered offshore oil field 120 miles from Georgetown.

Guyana’s main focal points of industry are bauxite, sugar, rice milling, timber, textiles, gold mining, and oil making up 30.7% of its total GDP.

The Guyanese workforce is relatively young and growing. The country has a shortage of skilled labor in some sectors, such as information and communications technology (ICT), engineering, and healthcare.

The literacy rate in Guyana is 85%. The country has a number of universities and technical colleges.

How to Employ In Guyana

Businesses can only operate smoothly in Guyana if they comply with local labor laws including drafting compliant employment contract agreements and meeting taxation and payroll obligations. Learn more about the employment laws and regulations in Guyana below, to avoid any compliance issues.

Onboarding Process

We can help you get a new employee started in Guyana quickly, with a minimum onboarding time of just 1-2 working days. The timeline starts once the employee submits all required information onto the Playroll platform and completes any necessary local authority registrations. For non-nationals, the Right to Work assessment (if applicable) may add up to three extra days. Additional time may be needed for follow-ups on this assessment.

A collage of people in various careers

Payroll Management in Guyana

Payroll Cycle in Guyana

The payroll cycle in Guyana is usually Monthly, with employees being paid as stipulated in employment contract.

Overview of Employment Taxes in Guyana

Info Icon

The tax-related information provided in this guide is intended for general guidance and informational purposes only. Reach out to our dedicated team for insights on remote hiring in Guyana tailored to your needs.

CTA Image showing employees in various countries across the globe
Employee Cost Calculator

Get an instant breakdown of the true costs of hiring in Guyana.

Calculate Now Default Icon Hover Icon

Leave Entitlements And Company Policies In Guyana

Mandatory Leave Entitlement in Guyana

The annual leave entitlement in Guyana is 1 day for every 20 days worked for a full time worker. These can include public holidays on top of that or within those days, which would otherwise be unpaid.

An Employer of Record (EOR) helps businesses manage annual leave, paid time off (PTO), and local holidays across the globe, including in Guyana. By partnering with an EOR, companies ensure full compliance with local labor laws in Guyana when it comes to annual leave and time-off management. EOR providers like Playroll offer platforms that simplify tracking and managing employee time off in Guyana. By outsourcing this responsibility to Playroll, you can streamline leave management, ensure compliance, and free up time to focus on other business priorities.

Employment Termination and Severance Policies in Guyana

Back to Top

Copied to Clipboard

Woman with glasses
Woman with glasses

Take your business to new places

Employer of Record for Guyana

  • hire icon Hire employees without entity setup.
  • handshake icon Full compliance, we assume 100% liability.
  • gift icon Handle local payroll and benefits seamlessly.
  • headphones icon 24/5 responsive real-human support.
  • money icon Transparent pricing, no hidden fees.

FAQS

FAQs About Hiring In Guyana

Playroll makes growing your team in Guyana effortless. Ready to start?

The HR Platform built to scale your global team.