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Expand your global workforce in KyCayman Islands

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Population

71,432

Languages

1.

English

Country Capital

George Town

Currency

Cayman Islands dollar (KYD)

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Employer of Record in Cayman Islands.

The Cayman Islands is a British international territory made up of three islands in the Western Caribbean Sea. If your company is ready to expand business to the Cayman Islands, working with an Employer of Record allows you to hire employees quickly and compliantly.

10Holidays per year
45hours per weekWorking hours per day or month
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Payroll in Cayman Islands.

Payroll is an essential aspect of compliance wherever you decide to grow your company. Learn how to establish and manage payroll in the Cayman Islands.

Hiring in KyCayman Islands.

Your company needs a team of employees in the Cayman Islands to grow there, and the first step in building a solid team is hiring the right people. Knowing the country’s labor laws and general expectations will streamline the hiring process, getting your new employees up to speed and productive much more efficiently.

Compensation & Benefits in Cayman Islands.

Your team is critical to your company’s success, and they deserve compensation and benefits that reflect national regulations. When building a compensation and benefits plan, you must be aware of the labor code and local standards to create an effective strategy.

KYD3,240 per monthMinimum wage per month
10daysAnnual vacation leave (min)
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Cayman Islands Subsidiary.

Establishing a subsidiary gives you a legal presence separate from your parent company and provides a space to create a new workplace culture for the area. While these factors can be beneficial, you will want to consider the demands of incorporation and if you’re prepared for the process.

Work visas & permits in Cayman IslandsTypes of work visasRequirements to obtain a visaApplication processImportant considerations

Cayman Islands Visas & Permits.

As your company grows, you may wish to hire individuals that don’t have citizenship in the Cayman Islands. If that’s the case, you’ll typically need to obtain work visas and permits before hiring. In the Cayman Islands, the only people who can work without a permit are citizens, permanent residents, refugees, and those who hold a Residency & Employment Rights Certificate. Learn more about the requirements for Cayman Islands work permits and visas.

Cayman Islands Contractors.

Before you hire an independent contractor in the Cayman Islands, you should know what defines this classification and how to abide by the appropriate regulations throughout the hiring process.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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