Talent Wiki - Libya

Your quick guide on talent and labor compliance norms in Libya

Capital

Tripoli

Currency

Libyan Diner (LYD)

Languages

Arabic

Payroll Frequency

Monthly

GDP per Capita

$6,025

Employer Tax

10.5% - 11.25%

Talent Overview

Libya is a country in North Africa in the Maghreb region. The GDP of Libya has been improving slightly since 2022. The State of Libya mainly focuses on agriculture, Information service, and services.

Major economic hubs:

Tripoli, Benghazi, Zawiye

Skills in demand:

Engineers, Managers

Local Universities

Top local universities in Libya are:

University of Tripoli

RANKING

Local: 1

World : 6334

Libyan International Medical University

RANKING

Local: 2

World : 8255

University of Benghazi

RANKING

Local: 3

World : 8291

Sebha University

RANKING

Local: 4

World : 8569

University of Zawiya

RANKING

Local: 5

World : 9732

Salary Data

The average monthly salary for some jobs available in Libya is as follows:

Job Title Average Monthly Salary (LYD) Average Monthly Salary (USD)
Financial Manager 4,640 LYD 978 USD
General Manager 4,130 LYD 871 USD
Business Development Manager 3,780 LYD 797 USD
Financial Analyst 3,080 LYD 649 USD
Business Analyst 3,000 LYD 632 USD
Project Manager 2,680 LYD 565 USD

Talent Sourcing Tips

Number of LinkedIn users:

406,000

Top Recruitment Agencies:

iXceed

Employing in Libya

While onboarding an individual, the employers must have knowledge of labor law, payroll, contributions, bonuses, and allowances to onboard an individual from Libya. This section has all the information for the employer.

Employee Contract

The language of the employment contract must be Arabic or the language that both the employer and employee understand.

Probation Period

In Libya, the probation period is up to one month.

Public and Provincial Holidays

Date Name Type
17 Feb Libyan Revolution Day Public Holiday
1 May May Day Public Holiday
28 Jun Day of Arafah (Tentative Date) Public Holiday
16 Sep Martyrs’ Day Public Holiday
27 Sep The Prophet’s Birthday (Tentative Date) Public Holiday
23 Oct Liberation Day Public Holiday
24 Dec Independence Day Public Holiday

Employee Leaves

Type of Leave Time Period Mandatory
Annual/Earned Leave 30 days Yes
Sick Leave 45 days Yes
Maternity Leave 98 days  Yes

 

Payroll

Payroll Cycle

The payroll cycle in Libya is Monthly.

Minimum Wage

In Libya, the minimum wage is 450 LYD.

Overtime Pay

In Libya, work done over 48 hours a week is considered overtime. Also, it varies on the employment contract or collective agreement. Overtime pay is 150% of the regular wage.

Bonus

13th Month Pay:

Libya has no provision for a 13th-month pay bonus.

Employee Benefits:

  • Health Insurance
  • Allowances

Taxes

Employer Payroll Tax:

Fund Foreign Branch Contribution Local Branch Contribution
Social Security 11.25% 10.50%

Employee Payroll Tax:

Fund Contribution
Social Security 3.75% (For both Foreign and Local Entity)
Social Unity Fund 1%

Employee Income Tax:

Personal Income Tax

Annual Taxable Income Tax Rate
Up to 12,000 LYD 5%
Above 12,000 LYD 10%

Jehad Tax

Amount Tax Rate
Up to 50 LYD per month 1%
Up to 100 LYD per month 2%
Above 100 LYD per month 3%

VAT:

In Libya, there is no VAT.

Offboarding & Termination

An employer can terminate a fixed contract based on misconduct in business or work. However, the termination of the employment contract must be done in writing with a notice period. After termination, the employee must be provided with all the documentation from the employer.

The notice period in Libya is 30 days.

In Libya, there is no provision for severance pay.

Visa and Immigration

An individual must have a work visa to work in Libya. There are strict processes in Libya for visas and permits. The employer should initiate the work visa on behalf of the individual. Employment contracts are a must for any individual to work in Libya.

Streamline payroll and compliance for your international workforce

Payroll

Minimum Wage

Overtime Pay

Visa & Immigration