Hiring in St Kitts and Nevis
Located in the Leeward Islands chain in the Caribbean, the former British colony of St Kitts and neighbouring island Nevis are known for colourful carnivals, international cricketers and beautiful landscape and beaches.
The economy of St Kitts and Nevis is characterised by tourism, agriculture, and light manufacturing industries, with electronics and related products contributing the majority of exports.
One element of St Kitts and Nevis’ economy is its extensive economic citizenship by investment programme.
This allows foreign investors to gain citizenship in St Kitts and Nevis, which has relaxed financial regulation laws, limited cooperation with other nations and low taxes. This has led to a reputation as being both a tax haven and a potential destination for tax evasion or money laundering.
Hiring in St Kitts and Nevis is still fairly informal, but workers are protected by employment laws and industry regulation. Pay parity remains relatively low and processes to invest and hire can be cumbersome, making an international payroll provider a good option.
Why use TopSource Worldwide in St. Kitts and Nevis?
We free your teams from the burden of managing payroll across borders, working diligently to ensure a seamless process across all activities.
We’ll manage the data flow from you to every local market and will return data to you in a readable format for each of your key teams, including payroll journals if needed.
Our services combine process excellence with a human-centric approach, and our top priority is always the care and compliance of your payroll — no matter where in the world you operate.
- Leverage our experience and ensure in-country Payroll compliance.
- Reduce processing and back office time.
- Align processes, reducing complexity and risk
- A single, centrally managed payroll system that delivers a fluid and consistent service to you and your employees.
- Flexibility of service — adapting to your needs, regardless of the market.
- The option to work with other providers you already have in place, if needed.
- Global HR data management and data tracking where required.
- Global payments support for both employees and authorities.
- A dedicated team and account manager so that you always have a central point of contact
What TopSource Worldwide provides in St. Kitts and Nevis?
- Simplicity – we provide one monthly consolidated invoice for the services provided inclusive of salaries, taxes, fees and employee expenses. This reduces banking costs and your finance teams time spent.
- One point of contact – a single Account manager looking after all your Payroll.
- Compliance – all funds payable to the employee are processed through payroll. You receive monthly evidence of taxation paid to the competent authorities in country.
- All services are provided by in-country experts that are professionally qualified in their respective fields.
- Electronic payslips for all employees.
- All Statutory filing completed by TopSource Worldwide.
We appreciate each situation and business is different. That is why we offer a consultative and bespoke solution to every client. We know one size does not ‘fit all’.
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