* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.

Capital City
Nassau
Currency

Bahamian Dollar (CI$)

Timezone

EST (GMT -5)

Payroll
Monthly
Employment Cost

Annual Leave

14 days

In-demand Specialties*
Financial Services, Engineering, Tourism

The Ultimate Guide to Hiring Employees in Bahamas

Simplify hiring employees in by partnering with Playroll. Our Employer of Record (EOR) handles hiring, onboarding, payroll, taxes, immigration, benefits administration, and compliance. While you maintain control of day-to-day tasks and responsibilities.

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Employment
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Payroll
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Taxes
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Termination
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Leave Entitlement
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Benefits
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Visa
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Hiring Guides 🌏
Overview
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Key Considerations Before Hiring In Bahamas

Employing in Bahamas requires employers to own a legal entity in the country and manage payroll, tax, benefits and compliance through their own in-country resources. Grow your team in Bahamas with our Employer of Record solution, ensuring streamlined, compliant business expansion with no entity.

Playroll allows you to hire employee's in Bahamas quickly, easily and we even automate tax document collection, benefits, payroll and more.

Good To Know

The Bahamas, an English-speaking nation in the Caribbean, is well known for its pristine clear waters and tropical climate.

Tourism has greatly contributed to their economy and employed two-thirds of their working population, while financial services come in second.

The country is also known as a tax haven, as the government does not impose taxes on income, capital gains, wealth, and on companies.

The Bahamas stands to be one of the richest countries in America.

playroll-good-to-know
Employment

Fundamental Aspects of Employment in Bahamas

Probationary Period in Bahamas

Working hours in Bahamas

Overtime in Bahamas

Payroll

Navigating Key Aspects of Payroll in Bahamas

has a robust and complex payroll and tax system, and as an employer, it pays to understand payroll process basics.

Fiscal Year in Bahamas

Payroll Cycle in Bahamas

Minimum Wage in Bahamas

Minimum wages and salaries in Bahamas

Bonus Payments in Bahamas

Taxes

Comprehensive Overview of Employment Taxes in Bahamas

Understanding the tax obligations for both employers and employees is crucial when operating in Bahamas's business landscape. This section explains how taxes and statutory fees affect payroll and individual earnings in Bahamas.

Employer Tax
Employee Tax
Individual Tax

Employer Tax Contributions

Employer payroll contributions are generally estimated at an additional on top of the employee salary in Bahamas.

Tax Rate Tax Type

Employee Payroll Tax Contributions

In Bahamas, the typical estimation for employee payroll contributions cost is around .

Tax Rate Tax Type

Individual Payroll Tax Contributions

Tax Rate Income Bracket

Pension in Bahamas

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 Bahamas tailored to your needs.

Easily navigate payroll, taxes and contributions with Playroll.

Grow your distributed workforce today!

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Termination

Understanding the Protocols for Termination of Employment in Bahamas

When it comes to terminating employment in Bahamas, understanding the legal obligations regarding severance pay and contributions is essential. Below is a detailed overview of the key considerations for both employers and employees.

Termination Process

Notice Period

Severance Pay

Leave Entitlement

Annual Leave Entitlements and Company Policies in Bahamas

The annual leave entitlement in Bahamas is 14 days for a full time worker. These can include public holidays on top of that or within those days, which would otherwise be unpaid.

Public Holidays in Bahamas

Holiday Date

Paid Time Off in Bahamas

Maternity Leave in Bahamas

Paternity Leave in Bahamas

Sick Leave in Bahamas

Parental Leave In Bahamas

Benefits

Bahamas's Benefits Built Into Playroll

Competitive benefits package in Bahamas

Playroll is committed to providing tailored, competitive benefits packages that are designed not only to attract but also retain top talent worldwide. Our global team of benefits experts build custom local packages to ensure your employees in Bahamas's needs are met. Typically our packages contain some or all of the following benefits.

Health Insurance
Pension or 401k
Life and Disability Insurance
Vision Insurance
Dental Insurance
Discounts & Perks

Playroll Supplementary Benefits For Employment In Bahamas

Make your benefits package in Bahamas a talent magnet with Playroll's local plans. We offer benefits that are compliant, comprehensive, and flexible — all at competitive rates. Speak with our local territory experts to explore the localized benefits we can offer you, while you scale your team.

Statutory benefits for employment in Bahamas

Playroll allows you to provide localized benefits for employees in Bahamas within minutes. All in one manageable online dashboard. If you'd like specific information about our benefits packages in Bahamas create an account or contact our global expansion team, today.

Playroll Benefit Services
Visa

Playroll's Expertise in Facilitating Work Visas for Bahamas

At Playroll we're all about empowering employees to work anywhere, making mobility possible for global teams. We sponsor visas and hire the employee for you, so you don’t have to worry about payroll, taxes, and more.

It's important to note, visa support can be complicated. There are many variables that affect whether sponsorship is possible, including one’s nationality, education, marital status, and the immigration policy for the country in question.

Unfortunately, this means we can’t support visas everywhere - with that being said, we handle the entire visa process in-house, and dig into your situation to give you an overview of what to expect if we're able to help with visa sponsorship in Bahamas.

Playroll Immigration Support

Integrated EOR Platform

Legal and compliance experts are readily available to provide guidance and case-by-case Q&A support.

Accelerated Immigration Timeline

By leveraging dedicated support from in-house legal and compliance experts for case by case questions and more.

Hire in 50+ Countries

Accelerated Immigration Timeline

Acquiring a visa without an entity has never been easier, leverage Playroll's global coverage to sponsor and hire employees.

Playroll Visa Services

Hiring International Employees is Complex.

Playroll makes it easy!

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Employer Of Record Solution For Bahamas

Playroll offers a comprehensive Employer of Record (EOR) solution to hiring a local workforce in Bahamas without investing in a local entity. We're not just a platform, but a team of experts supporting all aspects of employment in Bahamas, including onboarding, payroll, benefits, compliance, contracts, immigration, and recruitment.

Playroll's Employer of Record Platform

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Hire With Playroll
Pay With Payroll
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FAQs about hiring in Bahamas

What are the standard employment terms in the Bahamas?
What is the process for obtaining a work visa in the Bahamas?
Are there specific regulations for hiring foreign workers?
What are the standard employment terms in the Bahamas?
What are the standard employment terms in the Bahamas?
What are the standard employment terms in the Bahamas?
What are the standard employment terms in the Bahamas?

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