Labor Laws in Bermuda
- Annual Leave: 2 weeks
- Maternity Leave: 13 weeks
- Public Holidays: 10
- Workweek: 40 hours per week.
Get everything you need to hire talent in Bermuda. Download our comprehensive guide for hiring in this expanding market.
Capital:
Hamilton
Language:
English
Currency:
Bermuda Dollar
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Bermuda currently does not impose personal income tax on individuals. Instead, the government levies a Payroll Tax on employers, with employees having a 6% withholding amount deducted from their salary to contribute towards the total.
There is no VAT or sales tax in Bermuda.
Bermuda’s contributory pension scheme requires employers to make monthly contributions to the Contributory Pensions Fund for every employee above 17 years of age for each week the employee works more than four hours.
The current total contribution per employee per week is BMD 71.84. The employer portion is BMD 35.92 and the employee portion is BMD 35.92.
Here is work visa information for Bermuda, download our guide for an extensive breakdown.
All persons must obtain specific permission by or on behalf of the Minister of Home Affairs responsible for immigration if they are to engage in a gainful occupation in Bermuda unless they are the following:
Before making an application for a Standard Work Permit in an open job category, employers must demonstrate that they have made a bona fide attempt to recruit a suitably qualified Bermudian.
Setting up a company in Bermuda can be expensive and complex. Global Expansion simplifies your entry into this market.
We handle hiring, HR, and payroll while ensuring compliance with local regulations, all without establishing a local entity.
Our Bermuda Employer of Record (EOR) solution allows you to focus on your business growth.