Employer Of Record in Pakistan
An Employer of Record (EOR) in Pakistan acts as the official employer for your workforce in the country, providing a seamless solution for managing international employment. Known as a Global Professional Employer Organization (Global PEO), our EOR services ensure full compliance with local labor laws and regulations, taking the complexities out of global employment.
Why Use Employer of Record Services in Pakistan?
When hiring and onboarding new team members in Pakistan, employers typically need to establish a legal entity in the country, a process that can take several years to complete. This involves registering an office address, creating a local bank account, and complying with complex tax regulations.
By using Al-Saif Business Services’ Employer of Record (EOR) services in Pakistan, your business can start operating immediately without the need to establish a legal entity. This not only saves you significant time but also ensures that your business complies with all local employment laws. With Al-Saif handling the complexities of payroll, taxes, and regulatory compliance, you can focus on your core business activities and confidently expand your operations in Pakistan.
Requirements for Employment in Pakistan
Here are some of the legal and tax requirements for employment in Pakistan:
Employment Contract
A written employment contract should clearly outline the terms of employment and the agreed-upon salary. The contract becomes legally binding once it is signed by both parties.
Minimum Wage
Employers must pay their employees at least the minimum wage. The minimum wage in Pakistan is 32000 PKR per month.
Income Taxes
Employers are responsible for deducting income tax from their employees' salaries and remitting the collected amounts to the FBR.
Social Security
Employers are legally required to make monthly contributions towards employee social security. These contributions cover pensions for old age, survivors, invalidity, injuries, maternity, and other related employee benefits.
Tax Identification
Before hiring employees in Pakistan, employers must obtain a National Tax Number (NTN). Companies or associations of persons receive an NTN or a Registration Number upon e-enrollment on the FBR Iris portal.
Notice Period
Under Pakistani employment law, employers are required to provide at least one month's notice before terminating a permanent employee's contract.
Why Choose Us?
Compliance
Ensuring strict adherence to Pakistan’s labor laws, safeguarding your business from legal risks and ensuring fair treatment of employees.
Tax & Social Security
We manage the filing of all employment-related taxes and handle essential documentation, ensuring compliance with local tax regulations.
Payroll Management
Our team oversees the entire payroll process, ensuring accurate calculations and timely payments to your employees.
HR Onboarding
We will onboard HR and manage the documentation securely.