The Social Security Rate For Companies in Bahamas stands at 5.90 percent. Social Security Rate For Companies in Bahamas averaged 5.74 percent from 2004 until 2025, reaching an all time high of 5.90 percent in 2011 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 5.90 percent by the end of 2025, 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 5.90 percent in 2026, 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 2025
Sales Tax Rate 12.00 12.00 percent Dec 2025
Social Security Rate 9.80 9.80 percent Dec 2025
Social Security Rate For Companies 5.90 5.90 percent Dec 2025
Social Security Rate For Employees 3.90 3.90 percent Dec 2025
Withholding Tax Rate 0.00 0.00 percent Dec 2024



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
5.90 5.90 5.90 5.40 2004 - 2025 percent Yearly