Employer of Record (EOR) in Nigeria
Hiring in Nigeria has never been this easy. With Native Teams’ Employer or Record solutions, you can get your global payroll, taxation, and HR documentation handled so that you can prioritise your core business operations.
How does an EOR in Nigeria work?
Nigerian labour laws impose opening your own legal entity before hiring anyone in the country. The process of opening an entity is long and includes registering with the authorities, obtaining a tax identification number, opening a local bank account, and other procedures before you can hire anyone in the country.
One way to skip this process is to partner with Native Teams as your EOR provider. Under this arrangement, we will assume the role of legal employer for your employees in Nigeria, and take over employment contracts, global payroll, taxes, HR admin, and compliance with local labour laws. You, as a business owner, will retain the management over your employees’ duties and daily tasks.
Who can use EOR services in Nigeria?
Native Teams’ EOR services are designed for every company that wants to expand its business presence and hire employees from Nigeria.
Whether you’re a small startup, a medium-sized company, or a large corporation, our EOR solutions can be adjusted to fit your unique business needs. Through the Native Teams’ platform, you can hire anyone in Nigeria without establishing your own legal entity there.
Native Teams will also take care of your employment contracts, payroll, taxes, social security contributions, and other legal obligations so that you can work without any worries about compliance with Nigerian labour laws.
Features of Native Teams EOR services in Nigeria
With Native Teams’ EOR solutions, your team members from Nigeria will be formally employed through our entities in the country, and get employment contracts that are fully compliant with Nigeria’s labour laws.
Native Teams simplifies your HR documentation through a centralised dashboard for all your documentation. With our EOR solutions, you can access, manage, and review all your employees’ essential information with just one click.
The Native Teams platform offers payroll calculators that are adjusted to 85+ countries’ local labour laws. Using our calculators, you can easily estimate salaries, taxes, benefits, and other deductions for your employees in Nigeria.
With Native Teams, you can have the peace of mind that your employees in Nigeria receive all the mandatory employment benefits in the country. Employers who want to provide extra benefits, such as gym memberships, co-working spaces, and wellness programmes, can also do it conveniently through the Native Teams platform.
Explore our detailed hiring guide to learn more about the Nigerian labour laws and regulations.
What legal requirements exist for employment in Nigeria
To legally employ individuals in Nigeria, employers must register a company with the Corporate Affairs Commission.
Newly registered companies in Nigeria must also register with the Federal Inland Revenue Service and the specific state tax authorities to obtain a tax identification number.
Employers in Nigeria must provide compliant employment contracts to each of their employees. Employment contracts should outline the key terms and conditions of employment, including the job role, compensation, benefits, working hours, and other relevant information.
Employers in Nigeria must contribute to the employee compensation system, which provides social security coverage for employees.
Employers must also deduct income taxes from employees’ salaries and submit them to the Federal Inland Revenue Service.
Every employer in Nigeria must adhere to the local employment laws regarding minimum wages, contributions and benefits, working hours, and other essential regulations.
Please note that all these requirements may vary depending on the job type, the employer and individual circumstances.
Why choose Native Teams as your Nigeria Employer of Record?
With legal entities in 85+ countries around the world, Native Teams helps businesses hire and expand their presence in the global market.
Our professional teams of tax and legal experts will help you understand and comply with all the legal requirements in the countries where you hire and provide assistance for duties such as HR admin, payroll, taxation, risk management, and more.
What you need to know?
An Employer of Record (EOR) is a third-party organisation that assumes the role of legal employer on behalf of the client company. In simple terms, an EOR provider will formally employ your team through their legal entities and take over administrative and compliance tasks like payroll processing, tax withholding, benefits administration, and compliance with local labour laws.
The costs for using an EOR provider in Nigeria can vary depending on factors like the specific EOR provider you choose, the number of employees you want to onboard, and the scope of services your business requires.
As an EOR provider trusted by global companies in 85+ countries, Native Teams offers a flexible pricing structure that can be adjusted to your unique needs. For more information regarding our EOR pricing, please visit our pricing page.
EOR providers take over the role of legal employers for your company. This means they take responsibility for employment management, payroll processing, benefits administration, tax withholding, and other functions. As such, they’re mostly beneficial for companies that want to hire in foreign countries but don’t have their own legal entities there.
PEO providers cover only a few of these responsibilities, including payroll management, benefits administration, and other HR functions. The client company remains the legal employer and has a shared responsibility for compliance and employment management. Therefore, PEO providers are an excellent option for businesses that have their legal entities in the hiring countries but need expert assistance with their essential HR operations.
An EOR provider’s main responsibility is being the legal employer for your team members in their residential countries. Your employees will be formally employed through the provider’s legal entities, and with this, the provider takes over responsibilities like employment contracts, benefits administration, payroll, labour law compliance, and additional HR support if needed. This allows the client company to prioritise their core business operations while the EOR provider handles the employment-related tasks.
Yes, using EOR services in Nigeria is completely legal. In fact, the EOR’s main responsibility is ensuring that their clients work in compliance with the country’s labour laws. With the help of Native Teams as your EOR provider, you can hire team members in 85+ countries without any worries about employment law compliance.
Establishing your own company in Nigeria is a difficult and time-consuming process that requires legal expertise and financial resources. The process includes registering with the authorities, obtaining a tax number, opening a business bank account, and finding a physical office space before you can hire employees in Nigeria.
EOR providers help you skip this complex process and hire directly without opening your own company. By hiring through the provider’s entities in Nigeria, you can rest assured that a professional team handles your employment management, payroll, taxes, and compliance, allowing you to work with the best talent in Nigeria without worrying about labour law compliance.
There is no specific limit on the number of employees you can hire in Nigeria. With the help of Native Teams’ EOR solutions, you can employ as many individuals as your business requires in any country of your choice.