Capital City
Kingstown
Currency
Eastern Caribbean dollar
(
EC$
)
Timezone
GMT -4
Payroll Frequency
Tax Year
Employer Tax
Languages
English
Capital City
Kingstown
Currency
Eastern Caribbean dollar
(
EC$
)
Timezone
GMT -4
Payroll Frequency
Tax Year
Employer Tax
Languages
English
Saint Vincent and the Grenadines present a dynamic and open economy, providing enticing prospects for businesses looking to expand to this vibrant destination.
The economic foundation is rooted in agriculture and tourism, offering a diverse landscape for potential growth and development.
Tourism, contributing to around 29% of the GDP, stands as a significant player in the economic landscape, employing a substantial portion of the skilled workforce.
The local workforce showcases proficiency in key sectors including tourism, hospitality, finance, agriculture, and construction, laying a solid foundation for diverse business opportunities.
Businesses can only operate smoothly in St. Vincent & Grenadines 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 St. Vincent & Grenadines below, to avoid any compliance issues.
We can help you get a new employee started in St. Vincent & Grenadines 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.
The payroll cycle in St. Vincent & Grenadines is usually Monthly, with employees being paid as stipulated in employment contract.
In St. Vincent & the Grenadines, work permits and visas are essential for employers hiring foreign workers. Employers must navigate a structured process involving job offer letters, document submissions, and payment of relevant fees. The key visa types include the Temporary Work Visa, Permanent Work Visa, Skilled Worker Visa, and Investor Visa. Employers are responsible for ensuring compliance with local regulations, such as proving the need for foreign workers and meeting health and police clearance requirements for their employees.
The annual leave entitlement in St. Vincent & Grenadines is 1-3 weeks 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 St. Vincent & Grenadines. By partnering with an EOR, companies ensure full compliance with local labor laws in St. Vincent & Grenadines 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 St. Vincent & Grenadines. By outsourcing this responsibility to Playroll, you can streamline leave management, ensure compliance, and free up time to focus on other business priorities.
Disclaimer
THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). Playroll does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect Playroll’s product delivery in any given jurisdiction. Playroll makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
Copied to Clipboard
Where to next?
Your “everything you ever needed to know” guides to compliant global employment around the world.