Employer of Record in The Bahamas | No Hidden Fees

Employer of Record in The Bahamas

Hire Globally, Pay Locally, Expand Effortlessly

INS Global offers a streamlined solution when it comes to expanding your business on a global scale. Through collaboration with our experienced Employer of Record in The Bahamas, you can easily attract, hire, and manage employees without the necessity of establishing a local entity. This enables you to navigate the intricacies and costs associated with international expansion effectively. 

Our EOR and PEO (Professional Employer Organization) services in The Bahamas provide a secure, efficient, and cost-effective solution for sourcing, employing, and managing local talent. With INS Global’s exceptional PEO services available in The Bahamas and more than 160 countries around the world, you can effortlessly oversee a diverse and international workforce from anywhere across the globe. 

By assuming the role of the authorized employer, our dedicated Employer of Record (EOR) in The Bahamas takes full responsibility for all HR-related activities on your behalf. This streamlined process empowers you to expand your business within a week, effectively reducing both the time and expenses associated with growing your business overseas. 

Employer of Record in The Bahamas - Summary

The Advantages of Using a Professional Employer Organization in The Bahamas

Ensure Legal Compliance

PEOs in The Bahamas have local experience and can help you find and manage staff internationally while also abiding by complex labor laws. This helps prevent costly fines and penalties.  

Reduced Cost And Time

Working with a local PEO allows you to expand abroad at a fraction of the cost. Working with a PEO in The Bahamas means that you dont have to set up a company there, reducing your overheads while expanding. 

Grow Your Company

EORs take all the HR-related responsibilities off your shoulders so that you can focus on what really matters: your business. Partnering with a local PEO in The Bahamas empowers your business and staff to stay focused on your goals while we handle all the HR for you. 

Expand Quickly

If you were to set up a new company abroad, the process can take anywhere from 4 to 12 months. Working with a PEO in The Bahamas streamlines the process and allows you to launch in a new market in less than a week. 

Manage Your HR Remotely

INS Global offers you a way to manage your international workforce online. With a modern, cloud-based HR platform, you can keep track of your staff from anywhere in the world. 

Why Choose an EOR in The Bahamas Over Company Incorporation?

Establishing a new company takes time but also increases your overheads in the process. Working with an EOR in The Bahamas streamlines the entire market entry process and allows you to launch your operations at a fraction of the cost in less than a week. 

Working with a Bahamian EOR… 

  • Saves time 
  • Reduces costs 
  • Ensures compliance 
  • Allows you to focus on growing your business 
testimonial from Manuel Ramos


Manuel Ramos


Managing Director

We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately. 


How Does an EOR In The Bahamas Work?

INS Global’s EOR in The Bahamas helps your company to expand in 4 simple steps: 

  1. We work with your business to create an expansion plan that meets all your needs. 
  2. Our organization provides a legal entity to help hire and manage staff in The Bahamas. 
  3. We handle HR-related tasks such as recruitment, contract management, and payroll processing to ensure legal compliance. 
  4. Your employees focus on your goals while we manage the rest. 

The Difference Between PEO And Employer of Record Services in The Bahamas?

When expanding abroad, you may be considering working with a PEO (Professional Employment Organization) or an EOR (Employer of Record) in The Bahamas. Here’s a quick look at the difference between these options: 

  • PEOs offer HR-related services to your employees and handle tasks such as processing payroll, tax contributions, and contract management.  
  • EORs are very similar to PEOs but can recruit and hire employees on your behalf, thereby becoming their legally responsible employer. 
  • In a PEO arrangement, the primary employment contract is established directly between you and the employee. 
  • In an EOR arrangement, you oversee the contract which is made officially between the EOR and the employee on behalf of your business. 

Labor Law in The Bahamas - 2024

Employment Contracts in The Bahamas

  • Employment in The Bahamas starts with an official letter of employment. 
  • Employers can include a probation period, but it cannot last longer than 12 months. 
  • An employer can end the contract early if the employee violates the conditions specified in the employment contract. 
  • Employees typically get 2 weeks’ notice if they have been with the company for less than a year. This extends to 1 month if they have been with the company longer. 
  • Employees who are eligible for severance pay typically get 2 weeks’ salary for every year of service up to a maximum of 24 weeks, or 1 month for each year up to a maximum of 48 weeks for management positions. 

Working Hours in The Bahamas

  • The working week in The Bahamas starts on Monday and ends on Friday. 
  • Full-time employees work 8 hours per day, 40 hours per week. 
  • Part-time employees work 20 hours per week and can’t work more than 40 hours. 
  • Employees are entitled to a higher hourly rate for overtime. This is generally 150% of the standard hourly rate and 200% on public holidays. 

Annual Leave in The Bahamas

  • The Bahamas has 11 official national holidays. 
  • Employees are entitled to a minimum of 2 weeks of paid time off per year. 
  • Employees may be entitled to additional time off according to their employment contract. 
  • Employees are only entitled to all of their annual leave after 12 months of service. 

Sick Leave in The Bahamas

  • Bahamian labor law allows employees up to 1 week of sick leave. 
  • Employees should notify their employers before the working day starts and provide a medical certificate as proof of illness.  
  • Proof of illness must be given to the employee’s department head within 48 hours of returning to work. 
  • Employers are required to pay the employees their full salary during this time. 
  • Sick leave exceeding the minimum allocation can be claimed from social security. 

Maternity / Paternity Leave in The Bahamas

  • According to Bahamian law, female employees are entitled to 12 weeks of maternity leave. 
  • This can be extended if there are multiple births or complications at birth.  
  • The employee must fill out an application and submit it at least 3 months before the expected date of birth.  
  • Employers are responsible for paying 33.3% of the employee’s salary during maternity leave. 
  • Paternity leave can be taken for a period of 1 week after childbirth but is unpaid leave. 

Tax Laws in The Bahamas

  • Employers in The Bahamas are responsible for withholding all social contributions. 
  • Employers are required to contribute an amount equivalent to 5.9% of an employee’s salary toward social security, with a salary ceiling of 36,924 BSD. Employees contribute 3.9% with a salary ceiling of 36,924 BSD. 
  • Bahamian employees do not have to pay any personal income tax.  
  • All employees are required to file their own tax returns each year. 
  • The corporate income tax rate in The Bahamas is 0%. 


Discover More Solutions in The Bahamas


No, it is necessary to use a local entity abroad to comply with each country labor law.

Foreign companies can either set up a local entity in each country or use the services a local PEO (Professional Employment Organization) to hire the staff on-site directly.

The employer of record is the legal entity liable for the staff employed in a specific country. In practice, a foreign company can either open a subsidiary to become the employer of record of its abroad employees or use a PEO to act as the employer of record.

Liabilities may vary from country to country and include all the staff management responsibilities: labor contract issues, payroll management, and tax compliance, social security management, expenses claim declaration, hiring and termination
procedures, etc.

In general, 1-month is necessary to have an employee based out abroad using an existing PEO as the employe of record. When incorporating a new subsidiary to be the employer of record, the delay varies from 4-12 months.

PEO services streamline your expansion plan, and the costs typically depend on a percentage of your employee’s salary. 

Certainly, working with an Employer of Record in The Bahamas is a legal and efficient solution that streamlines your expansion plans while reducing costs. 

Salaries are typically processed every month for full-time employees, while part-time workers may prefer weekly or bi-monthly payments. Employers are responsible for deducting taxes and social contributions. 

With numerous direct and indirect costs, hiring in-house in The Bahamas can be expensive. INS Global simplifies and streamlines remote recruitment, hiring, and staff management, reducing the costs of managing an entire international workforce. 

Absolutely, an Employer of Record in The Bahamas can recruit and hire employees from all regions, expanding your talent pool. 

Modifications to employment contracts require mutual agreement. A Bahamian EOR ensures compliance with local labor laws. 

Yes, employers in The Bahamas are responsible for deducting taxes and social contributions from employee salaries. 

INS Global tailors its services to your specific needs, assisting you in recruiting and hiring as many employees as necessary for your expansion plans. 

Termination costs vary depending on the circumstances. Employees who are eligible for severance pay typically get 2 weeks salary for every year up to 24 weeks, or 1 month for each year up to 48 weeks for management positions. 

In The Bahamas, you can hire employees for in-person and remote opportunities, ensuring cost efficiency during the market entry process. 

Yes! Our recruitment experts possess extensive experience in hiring top talent globally. We provide comprehensive support in recruiting, hiring, and managing your workforce, regardless of your location.

The Bahamas observes 11 public holidays, and most employees are entitled to a paid day off. Working on these holidays usually involves a higher hourly rate set at 200% of the standard rate.  

Employers must adhere to strict labor laws and regulations to avoid penalties and fines. Collaborating with an experienced EOR in The Bahamas ensures compliance during seamless expansion. 

Certainly! INS Global facilitates the recruitment and management of a diverse workforce remotely, making hiring both Bahamian citizens and foreigners simple.