How much does it cost to employ someone in Bahamas?
On top of gross salary, mandatory employer contributions in Bahamas run 6.65% (National Insurance, on insurable wage; from July 2024)↗. An employer of record adds its own per-employee service fee on top; across the 56 of 93 providers that publish a fee, the median is $349 per employee per month.
What does an EOR charge to employ someone in Bahamas?
EOR service fees are billed per employee per month, on top of salary and statutory employer contributions in Bahamas. The contribution basis is 6.65% (National Insurance, on insurable wage; from July 2024)↗. Providers rarely publish a Bahamas-specific fee: across the 56 providers on our price board that publish a price, the median is $349 per employee per month (from $99 to $740), and the rest quote per country. Request a quote for Bahamas for an exact figure.
How much paid annual leave is mandatory in Bahamas?
Statutory paid annual leave in Bahamas is 2 weeks (10 working days)↗.
What is the statutory notice period in Bahamas?
The minimum employer notice period in Bahamas is None under 6 mo; 1 week (6-12 mo); 2 weeks (1 yr+); managers 1 month↗.
What is the minimum wage in Bahamas?
The statutory minimum wage in Bahamas is BSD 260/week↗.
Which EOR providers can employ someone in Bahamas?
16 of the 93 providers we track name Bahamas on their own websites as a country where they offer Employer of Record. By published starting fee: Asanify from $199 /mo↗, Skuad (Payoneer) from $199 /mo↗, Tarmack from $199 /mo↗, Thera from $199 /mo↗, INS Global from $299 /mo↗, and 7 more with a published fee; 4 quote Bahamas on request. Each provider's listing is its own claim, so confirm availability for your role and contract type before signing.
How many companies are hiring remotely in Bahamas?
In the 30↗ days to Nov 11, 2026, 4 companies↗ posted 29↗ full-time remote jobs open only to people based in Bahamas on the Himalayas job board, plus 1↗ contract role, which ranks Bahamas #87 of 177 countries↗. The most hired fields are Customer Service, Finance, Chief Analytics Officer. A company hiring this way without its own entity in Bahamas employs through an employer of record.
Do I need a local entity to hire an employee in Bahamas?
No. An employer of record (EOR) already holds a legal entity in Bahamas and can employ your worker there on your behalf, running local payroll, tax and compliance, so you can hire without setting up your own entity. That settles the employment side only: what the person does for your company (signing or negotiating its contracts, running a sales team, working from one place for most of the year) can still make your company taxable in Bahamas as a permanent establishment, whoever employs them.
When a hire abroad makes your company taxable there