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). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P 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.
Employer of Record in Bahamas.
G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in the Bahamas. Your candidate is hired via G-P’ Bahamas PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.
11Holidays per year
40hours per weekWorking hours per day or month
Payroll in Bahamas.
The Bahamas is in the Caribbean, with the majority of the population living in the capital city of Nassau. Major industries include international banking and investment management, which have bolstered the country’s economy. If you’re looking to expand in any of these industries, The Bahamas is a great place to establish a new location.
Hiring in 
Bahamas.
Many people flock to the Bahamas for its gorgeous beaches, temperate climate, and various other positive features. Although there’s a large number of people searching for work, do you know exactly what type of employees you’re looking for? Recruiting and hiring talented and hardworking employees are vital to ensuring your success. Still, it’s often difficult to find the time to hire these individuals while you’re also running two company locations and handling other expansion tasks.
Compensation & Benefits in Bahamas.
Compensation & Benefits in Bahamas.
You already know the importance of hiring the right employees, but do you know how to retain them? Many employees will choose your position over another because of compensation and benefits. However, even more will stay with your company because of your Bahamas benefit management plan, bonuses, and raises.
BSD260 a weekMinimum wage per month
10daysAnnual vacation leave (min)
Bahamas Subsidiary.
Your work in The Bahamas all culminates in one necessity — a subsidiary. You need a registered entity to stay compliant, hire employees, and work in a new country. Unfortunately, your entity can take weeks or months to create, which will set back your time frame for forming other important business relationships and growing your company.
Bahamas Visas & Permits.
As one of the wealthiest nations in the Caribbean, the Bahamas is a popular destination for international businesses and expatriates alike — and the island chain’s tropical climate makes it all the more desirable. You probably won’t have much difficulty finding a team of talented employees who are willing to make the move to the Bahamas with your business. The real challenge comes when you have to learn how to get the necessary work permits and visas for every employee.