Employer of Record in the Bahamas

What it costs and what the law requires to employ someone in Bahamas through an EOR, with every figure cited to a primary source.

At a glance

To employ someone in Bahamas, an employer pays 6.65% (National Insurance, on insurable wage; from July 2024)↗ in mandatory contributions on top of gross salary, must give 2 weeks (10 working days)↗ of paid annual leave, and None under 6 mo; 1 week (6-12 mo); 2 weeks (1 yr+); managers 1 month↗ of notice to terminate. An EOR lets you hire here without your own legal entity.

Employer cost burden
6.65% (National Insurance, on insurable wage; from July 2024)↗
Statutory annual leave
2 weeks (10 working days)↗
Every country's annual leave
Minimum wage
BSD 260/week↗
Every country's minimum wage
Notice period
None under 6 mo; 1 week (6-12 mo); 2 weeks (1 yr+); managers 1 month↗
Standard working week
40 hours↗
Currency
BSD↗

Every figure links to the page that states it. This page's figures were read at their sources between Aug 18, 2026 and Oct 30, 2026, and every cited page is checked again each week (how we verify).

Best fits

Best EOR providers for one employee in Bahamas

Ranked the way Get matched ranks a hire: employing through its own entity in Bahamas, a lower published fee and no deposit, each read from the provider's own pages. A provider whose referral program pays us carries a labeled referral boost, and the few providers we do not work with are listed below, never among these three.

Set team size or visa need, and get quotesStill looking for the person? Ask for candidates tooHow referral programs affect ranking

Hiring demand

Remote jobs open only to people in Bahamas

Companies hiring remotely for a role that must be based in Bahamas need someone employed there. Without an entity of their own in Bahamas, an employer of record is how they do it.

Companies hiring full-time
4↗
Contract roles
1↗

Bahamas ranks #87 of 177 countries↗ for full-time remote jobs open only to its residents. Most hired fields: Customer Service, Finance, Chief Analytics Officer.

Counted daily from job postings on Himalayas, a remote job board: a job counts for a country when it accepts applicants based only there. Counting began Oct 29, 2026; a job posted before then counts if it was still open that day. Last updated Nov 11, 2026.

Total cost

What an EOR really costs in Bahamas

The full cost to employ combines gross salary, the statutory employer burden, and the EOR provider's own service fee.

The total cost to employ someone in Bahamas through an EOR is their gross salary, plus 6.65% (National Insurance, on insurable wage; from July 2024)↗ in mandatory employer contributions, plus a per-employee service fee from the provider. Across the 56 of 93 providers that publish a fee, the median is $349/employee/month (from $99 to $740); the rest quote per country.

Flat-rate illustration at a $100,000↗ salary
Gross salary
$100,000↗
Employer statutory contributions (~6.65%↗)
$6,650
EOR service fee (median $349/mo)
$4,188
Illustrative annual budget
$110,838

This illustration applies the representative rate to the full salary. It does not apply contribution caps, local-currency thresholds or employee eligibility rules, so it is not a payroll quote. Actual cost depends on the salary, the provider, and country-specific quotes; some countries also add mandatory items such as 13th-month pay or severance accruals. Run your own numbers in the calculator.

Providers

EOR providers that employ in Bahamas

Each provider below names Bahamas on its own website as a country where it offers Employer of Record. Cheapest published starting fee first.

16 providers name Bahamas on their own websites as a country where they offer EOR. Published starting fees among them run from $199 /mo↗ (Asanify, Skuad (Payoneer), Tarmack and 1 more) to $699 /mo↗ (Oyster HR); 4 quote Bahamas on request.

Not sure which one fits? We rank these providers for your team size and visa needs, and get you quotes from the ones you pick.

Get matched

Before you sign with one of them: the questions worth asking each provider. Already employing someone in the Bahamas through an employer of record? Check what you pay against these fees.

A listing is the provider's own statement that it can employ in Bahamas, read on its site on Oct 31, 2026. Fees are each provider's cheapest published rate, not a quote for Bahamas. We read the country lists and country pages of all 93 providers we track; 78 name the countries they serve, and a provider that does not name Bahamas on its own site is not shown here, even where it may serve it. Confirm availability for your role and contract type before signing.

Employment law

Statutory rules in Bahamas

The employment terms an employer must meet, each linked to the source that states it.

Paying someone in the Bahamas as a contractor instead? The law looks at how the work runs, not at what the contract calls it. Check whether the role is employment.

Hiring

How to hire in Bahamas

Two ways to put someone on payroll here.

Use an employer of record

An EOR already has an entity in Bahamas and employs your worker on your behalf, handling payroll, tax and the statutory terms above. Fastest way to hire without incorporating.

Compare EOR providers

Estimate the full cost

Add the 6.65% (National Insurance, on insurable wage; from July 2024)↗ employer burden to salary and an EOR service fee to see your true monthly cost to employ in Bahamas.

Open the cost calculator
Economy

Bahamas at a glance

World Bank indicators (2024) for context on the labour market.

GNI per capita (Atlas method)
$37,020↗
GDP per capita
$39,455↗
GDP (current US$)
$15.8B↗
GDP growth
3.4%↗
Inflation, consumer prices
1.1%↗
Population, total
403,033↗
Population ages 15-64
70.4%↗
Urban population
81.3%↗
Labour force, total
245,159↗
Labour force participation rate
73.8%↗
Female labour participation rate
70.7%↗
Male labour participation rate
77.2%↗
Unemployment rate
9.2%↗
Wage & salaried workers
82.9%↗
Self-employed
17.1%↗
Questions

Hiring in Bahamas: FAQ

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

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