Professional Employer Organizations provide co-employment services, lessening your legal risk and streamlining administration that can otherwise monopolize in-house time and resources.
Co-employment in Bahamas
Companies looking to expand internationally will encounter many administrative hurdles. Co-employment, or “joint employment,” is one of the most efficient ways to manage legal, immigration and payroll issues in Bahamas. A PEO essentially assumes all employment duties and takes over legal responsibility for your employee.
As local tax specialists, they also ensure total compliance, providing you with tax receipts and all other relevant documents. Additionally, because they are acting as the “employer,” they can sponsor employees for their Work Permit in Bahamas. Not only does this mitigate or even eliminate the risks of overseas assignments, it relieves the administrative burdens of overseas work and ensures continuity of service in foreign jurisdictions.
Co-employment services for your Bahamas employees
We specialise in the outsourced employment of international assignees. This means our PEO partners in Bahamas will:
- obtain the necessary immigration permissions,
- take the employee onto their local payroll,
- process their local tax and social security contributions
- perform all local statutory compliance.