How can an Umbrella Company Help with Contracting in Caribbean?
As your permanent employer, umbrella companies are able to sponsor you for your Caribbean work permit provided they’re on the register of approved sponsors. Many different companies offer this service, because it makes contracting in Caribbean infinitely simpler and saves you the hassle of continuous paperwork. Instead of changing your work permit every time you get a new contract, you can just work how you ordinarily would under the same permit. They protect you from the bureaucratic “rain” of legal compliance with the Caribbean immigration authorities. They can even deal with the Caribbean Embassy directly.
Through their service you may be able to use a business visa to get started quickly and then transition to a work visa in Caribbean. It depends on your specific Caribbean visa requirements. Be aware you may have to register for a residence permit in Caribbean.
Can I Organise My Taxes and Work Permit Myself?
Generally, you need to have an employer sponsor in order to secure the appropriate work permit and work visa for the Caribbean
If you’re working independently, it can be difficult to find clients willing to sponsor you. Moreover, even if your client can do this, you’ll need a new sponsor each time you decide to take on a new contract. Of course, every new sponsor will mean more paperwork.
Also, are you familiar with the intricacies of the tax system in the Caribbean, as well as your own country’s laws on overseas earnings? If so, good on you!
However, if you’re like the rest of us, figuring out (much less reducing) your tax liability in the Caribbean and your home country can seem like full-time work in itself.
A Contractor’s Guide to Taxes in Caribbean
One of the most consistently challenging aspects of contracting in the Caribbean is complying with the country’s tax system. As well as paying tax in the Caribbean, you might also still be eligible to pay some tax in your home country, and understanding the legislation behind this can be a challenge.
Tax Filing as a Contractor in Caribbean
Tax Figures in Caribbean
Tax Residency in Caribbean
Can you set up your own Limited Company in Caribbean?
How We Can Help You with Tax in Caribbean
We work with numerous umbrella companies in the Caribbean, many of whom are experts in tax and immigration laws. If you have any questions about tax in the Caribbean, we’ll get the answers from them directly so you can rest assured you’ll be getting accurate information. We also have a comprehensive knowledge of the different services they provide, and we can help you find the right company to handle your income tax. We help oil and gas workers, software developers, IT project managers, testers, business analysts and telecommunications contractors get tax efficient payments and sponsorship for their Caribbean work permits. Our advice is 100 per cent free, and it comes with no obligations. You will be paying taxes in the Caribbean but without the overhead of directly dealing with the Caribbean tax authorities. Get in touch with us today for some reliable advice on tax in the Caribbean!
A Contractor’s Guide to Work Permits in Caribbean
How Does an Umbrella Company Work?
Most people want to do their work, earn their money and enjoy their spare time without taking on loads of admin in a new country. That is why an umbrella company can help.
When you’re working through an Umbrella Company, you’ll essentially be outsourcing the admin and tax issues to specialists.
While the umbrella company will charge a fee, you’ll likely end up saving more money in the long run: you’ll be able to focus on your work, expertly reduce your tax liability, and comply with all laws and regulations in the Caribbean (which means avoiding fees, fines, or even worse penalties).
How Can We Help You?
We work with numerous umbrella companies in Caribbean, many of whom are experts in tax and immigration laws. If you have any questions about tax in Caribbean, we’ll get the answers from them directly so you can rest assured you’ll be getting accurate information. We also have a comprehensive knowledge of the different services they provide, and we can help you find the right company to handle your income tax. We help oil and gas workers, software developers, IT project managers, testers, business analysts and telecommunications contractors get tax efficient payments and sponsorship for their Caribbean work permit. Our advice is 100 percent free, and it comes with no obligations. You will be paying taxes in Caribbean but without the overhead of directly dealing with the Caribbean tax authorities. Get in touch with us today for some reliable advice on tax in Caribbean!
