The Social Security Rate For Companies in Bahamas stands at 6.65 percent. Social Security Rate For Companies in Bahamas averaged 5.81 percent from 2004 until 2026, reaching an all time high of 6.65 percent in 2025 and a record low of 5.40 percent in 2005. source: Ministry of Labour and Immigration

Social Security Rate For Companies in Bahamas is expected to reach 6.65 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Social Security Rate For Companies is projected to trend around 6.65 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 0.00 0.00 percent Dec 2025
Personal Income Tax Rate 0.00 0.00 percent Dec 2026
Sales Tax Rate 10.00 10.00 percent Dec 2026
Social Security Rate 11.30 11.30 percent Dec 2026
Social Security Rate For Companies 6.65 6.65 percent Dec 2026
Social Security Rate For Employees 4.65 4.65 percent Dec 2026
Withholding Tax Rate 0.00 0.00 percent Dec 2025


Bahamas Social Security Rate For Companies
In Bahamas, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Bahamas because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
6.65 6.65 6.65 5.40 2004 - 2026 percent Yearly