National Insurance Scheme (NIS)

Employer Registration · Mandatory

Every employer in Barbados must register with the National Insurance Scheme (NIS) before hiring staff. Contributions are split between employer and employee (currently around 11.25% each of insurable earnings) and cover sickness, maternity, invalidity, survivors and the state pension. Head office on Culloden Road, St. Michael. Phone: 246-431-7400. Website: nis.gov.bb. Self-employed Barbadians must also register for contributions.

Highlights: 11.25% Employer · 11.25% Employee · Mandatory · Register First