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ArticlesCountry specific hiring info

A compliant independent contractor agreement for hiring in The Bahamas

A compliant independent contractor agreement for hiring in The Bahamas

So you want to work with someone in the Bahamas, but you’re not sure where to start. You’ll need an independent contractor agreement, but drafting contracts can get confusing, especially if you aren’t familiar with The Bahamas’ local laws. We’re here to help. Below you’ll learn some highlights about hiring contractors in The Bahamas, and how Panther can help you with a written agreement.

Written by
share

Get your independent contractor agreement in The Bahamas for $0

Hey, we’re Panther: The platform built for hiring and paying contractors, all over the world. We’ve got locally-compliant contracts in more than 150 countries—written to comply with local contracting laws in places like The Bahamas.

The good news: Panther’s free until you pay your first contractor. So, grabbing your contractor agreement costs you a grand total of $0. Hit the button below to pick up your locally-compliant contract in the Bahamas. It takes all of 2 minutes to sign up.

Get my
Bahamas
contractor agreement

Want to hire contractors, anywhere?

Start with Panther today for $0.

Get started for $0
No credit card required.
Hire as many people as you want.
Pay your entire team in one click.

Want Rapid River has?

Start with Panther today for $0.

Get started for $0
No credit card required.
Hire as many people as you want.
Pay your entire team in one click.

Answering all your questions about independent contractor agreements in The Bahamas

You probably have questions. We’re here to answer them. Below, you’ll learn all the extra stuff you should probably know before putting together an independent contractor agreement for The Bahamas.

Why do I need an independent contractor agreement in The Bahamas?

Independent contractor agreements set the tone for the partnership between a company and a contractor. They should detail the work to be completed, deadlines, compensation, and any other relevant terms. Written agreements make both parties' responsibilities and expectations clear and help get everyone on the same page before the work begins.

The law does not require you to have a written agreement to work with contractors in The Bahamas, but you should have one anyway. Written agreements ensure you and a contractor are legally accountable to each other and fulfill the terms you initially agreed upon. Additionally, they serve as a record of the independent nature of your relationship with a contractor, helping protect your business from misclassification liability down the road.

In short, you need an independent contractor agreement if you’re working with contractors. In The Bahamas, and everywhere else you hire.

What do contractor agreements in The Bahamas typically need to have?

Every contractor agreement in The Bahamas (and, the rest of the world) can be broken up into two parts:

  • Contract-specific variables: This includes things like scope of work, rate, and deadline. They’re the project-specific variables that you’ll include with each contract, and are totally dependent on what type of work you’re hiring a contractor to do.
  • ‍Everything else: Besides things like scope and deadline, every independent contractor agreement in The Bahamas should follow a similar structure. If you want to grab your own contract with a compliant structure for The Bahamas, sign up to Panther for $0.
What makes contractors different from employees in The Bahamas?

Hiring contractors is typically cheaper, faster, and easier than onboarding a new employee. Because contractors work for themselves, their rights and responsibilities differ from employees, and it is important to understand these differences before deciding what’s best for your company.

Here are a few of the key things that make contractors different from employees in The Bahamas:

  • Contractors can set their own schedules
  • Contractors can work with their own software and tools 
  • Contractors can work for other clients 
  • Contractors rarely receive benefits, like health insurance*

Working independently gives contractors more autonomy than working as an employee. They are free to complete their work when, where, and how they want while retaining the right to take on other work that aligns with their interests and availability. Meanwhile, working with contractors is often less risky for companies because they are only committed to the partnership for the duration of the contract. This gives businesses like yours the freedom to find the best possible talent to work with, and Panther can help with a contract for each new partnership you pursue.

*With Panther, you can get your contractors access to sign up for premium global health insurance, from SafetyWing, at a 50% discount.

Click here to learn more about hiring your team in the Bahamas.

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Albania
Algeria
Andorra
Angola
Anguilla
Antigua & Barbuda
Argentina
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Australia
Austria
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What Panther does for Rapid River, in a snapshot:

Hire and pay without Panther

Pay all your contractors individually
Do all currency conversions yourself
Shoulder the burden of platform fees
Spend hours each month making payments
Manually track & store invoices
Manually write & sign contracts
Manually file relevant tax documents

Hire and pay with Panther

Pay everyone with a single click
Get great currency conversion rates
Pay $0 in platform fees
Run payroll in seconds
Let Panther automatically create & store invoices
Let Panther automatically write locally-compliant contracts
Let Panther automatically file local tax documents

Why should I hire and pay my contractors in

Bahamas

with Panther?

Hire and pay with Panther

Pay everyone with a single click
Get great currency conversion rates
Pay $0 in platform fees
Run payroll in seconds
Let Panther automatically create & store invoices
Let Panther automatically write locally-compliant contracts
Let Panther automatically file local tax documents

Hire and pay without Panther

Pay all your contractors individually
Do all currency conversions yourself
Shoulder the burden of platform fees
Spend hours each month making payments
Manually track & store invoices
Manually write & sign contracts
Manually file relevant tax documents

Start hiring today for $0

Get your contract in minutes

Build the global team of your dreams. We do the heavy lifting.

Start now
ArticlesCountry specific hiring info

A compliant independent contractor agreement for hiring in The Bahamas

A compliant independent contractor agreement for hiring in The Bahamas

So you want to work with someone in the Bahamas, but you’re not sure where to start. You’ll need an independent contractor agreement, but drafting contracts can get confusing, especially if you aren’t familiar with The Bahamas’ local laws. We’re here to help. Below you’ll learn some highlights about hiring contractors in The Bahamas, and how Panther can help you with a written agreement.

Written by
share
Section 1

Get your independent contractor agreement in The Bahamas for $0

Hey, we’re Panther: The platform built for hiring and paying contractors, all over the world. We’ve got locally-compliant contracts in more than 150 countries—written to comply with local contracting laws in places like The Bahamas.

The good news: Panther’s free until you pay your first contractor. So, grabbing your contractor agreement costs you a grand total of $0. Hit the button below to pick up your locally-compliant contract in the Bahamas. It takes all of 2 minutes to sign up.

Answering all your questions about independent contractor agreements in The Bahamas

You probably have questions. We’re here to answer them. Below, you’ll learn all the extra stuff you should probably know before putting together an independent contractor agreement for The Bahamas.

Why do I need an independent contractor agreement in The Bahamas?

Independent contractor agreements set the tone for the partnership between a company and a contractor. They should detail the work to be completed, deadlines, compensation, and any other relevant terms. Written agreements make both parties' responsibilities and expectations clear and help get everyone on the same page before the work begins.

The law does not require you to have a written agreement to work with contractors in The Bahamas, but you should have one anyway. Written agreements ensure you and a contractor are legally accountable to each other and fulfill the terms you initially agreed upon. Additionally, they serve as a record of the independent nature of your relationship with a contractor, helping protect your business from misclassification liability down the road.

In short, you need an independent contractor agreement if you’re working with contractors. In The Bahamas, and everywhere else you hire.

What do contractor agreements in The Bahamas typically need to have?

Every contractor agreement in The Bahamas (and, the rest of the world) can be broken up into two parts:

  • Contract-specific variables: This includes things like scope of work, rate, and deadline. They’re the project-specific variables that you’ll include with each contract, and are totally dependent on what type of work you’re hiring a contractor to do.
  • ‍Everything else: Besides things like scope and deadline, every independent contractor agreement in The Bahamas should follow a similar structure. If you want to grab your own contract with a compliant structure for The Bahamas, sign up to Panther for $0.
What makes contractors different from employees in The Bahamas?

Hiring contractors is typically cheaper, faster, and easier than onboarding a new employee. Because contractors work for themselves, their rights and responsibilities differ from employees, and it is important to understand these differences before deciding what’s best for your company.

Here are a few of the key things that make contractors different from employees in The Bahamas:

  • Contractors can set their own schedules
  • Contractors can work with their own software and tools 
  • Contractors can work for other clients 
  • Contractors rarely receive benefits, like health insurance*

Working independently gives contractors more autonomy than working as an employee. They are free to complete their work when, where, and how they want while retaining the right to take on other work that aligns with their interests and availability. Meanwhile, working with contractors is often less risky for companies because they are only committed to the partnership for the duration of the contract. This gives businesses like yours the freedom to find the best possible talent to work with, and Panther can help with a contract for each new partnership you pursue.

*With Panther, you can get your contractors access to sign up for premium global health insurance, from SafetyWing, at a 50% discount.

Click here to learn more about hiring your team in the Bahamas.

Section 2
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