Virgin Islands (British)

Employer of Record (EOR) in Virgin Islands (British)

Only 399 EUR per employee per month

Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Virgin Islands (British) . We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business. Our Employer of Record (EOR) solution is beneficial to companies that want to hire remote employees in a breeze. On this page you will find employment information for Virgin Islands (British).

Employer of Record people
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Currency
United States Dollar
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Capital
Road Town
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Region
Americas
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Language
English
Hire remote employees
Population
30231
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GDP
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GDP growth
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1. Grow your team in Virgin Islands (British) with Rivermate as your Employer of Record (EOR) / PEO

Payroll, benefits, taxes, and compliance can be difficult to manage in Virgin Islands (British) , particularly if you don't have established local relationships. You can hire employees in Virgin Islands (British) effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

2. Summary

The British Virgin Islands (BVI), formally the Virgin Islands, are a British Overseas Territory in the Caribbean, located to the east of Puerto Rico and the United States Virgin Islands and to the northwest of Anguilla. The islands are situated in the Leeward Islands of the Lesser Antilles and are physically part of the Virgin Islands archipelago.

The British Virgin Islands are made up of the major islands of Tortola, Virgin Gorda, Anegada, and Jost Van Dyke, as well as over 50 smaller islands and cays. Approximately 16 of the islands are inhabited. The capital, Road Town, is located on Tortola, the biggest island, which is about 20 kilometers (12 miles) long and 5 kilometers (3 miles) broad. At the time of the 2010 Census, the islands had a population of 28,054 people, 23,491 of whom resided on Tortola; recent estimates put the population at 35,802. (July 2018).

British Virgin Islanders are citizens of the British Overseas Territories and, since 2002, British citizens.

Hiring talented employees in a short span is not an easy task. Partnering with an Employer of Record (EOR) like Rivermate in Virgin Islands (British) is your best option, giving your organization enough time to focus on other aspects of international expansions like project management and inventory management. The EOR takes care of all the compliance and legal issues while helping you speed up hiring using their knowledge of domestic employment practices and virtual onboarding tools. Top EORs also have provisions for the e-signing of documents to enable faster onboarding.

3. Public holidays

4. Types of leave

There is no information about the types of leave for this country.

Paid time off

Employees are entitled to between 12 and 20 days of annual leave every year, depending on the length of employment.

Public holidays

The British Virgin Islands recognizes 16 national public holidays.

Sick days

After four months of work, employees are entitled to a statutory 12 days of paid sick leave. An employee must tell his or her employer and secure a medical certificate on the first day of his or her absence. While on leave, eligible employees get social security payments.

Maternity leave

After 12 months of continuous employment, female employees are eligible to 13 weeks of paid maternity leave. The leave must be taken within six weeks after the baby's birth and can be prolonged up to three months if a pregnancy-related sickness occurs. While on maternity leave, eligible employees get a stipend from social security.

Paternity leave

Although there is no paid paternity leave, male employees can take a month off without pay.

Parental leave

Apart from the already mentioned terms regarding maternity and paternity leave, there are no other provisions in the law of the UK Virgin Islands regarding parental leave.

Other leave

5. Employment termination

There is no information about employment information for this country.

Termination process

Employers may terminate an employee's employment contract by giving the employee written notice. Special regulations apply in the case of collective dismissals or if the employee is a union member.

Notice period

The notice period begins at the pay interval and years of service and increases to two months based on the length of service of the employee. No notice is required, however, if the employee is being terminated for misconduct.

Probation period

There are no provisions in the labor laws specifically tailored to probationary periods in the British Virgin Islands.

Severance pay

Severance pay shall be three-quarters of a day's pay, or nine days' pay per year for each month of the employee's employment period. The pay rate is determined by the employee's base salary.

6. Working hours

There is no information about the working hours for this country.

General working schedule

The standard workweek is 40 hours, divided into five eight-hour days.

Overtime

Overtime is restricted to a maximum of four hours per day. Employees are entitled to overtime pay. Generally, compensation is set at 150 percent of the employee's regular wage.

7. Minimum wage

There is no information about the minimum wage for this country.

The minimum wage in the British Virgin Islands is $6 per hour.

8. Employee benefits

There is no information about the employee benefits for this country.

It is strongly advised to get private health insurance.

Mandatory benefits postulated by law include a probationary period, pay on annual leaves, public holidays, sick leaves, maternity leave, paternity leave, and overtime pay. Statutory benefits also include social security benefits.

9. Taxes

There is no information about the taxes for this country.

Corporate tax

The corporate income tax in the British Virgin Islands is 0.

Individual income tax

There are no personal income taxes in the British Virgin Islands.

VAT, GST and sales tax

There are no value-added taxes or goods and sales taxes in the Virgin Islands.

10. VISA and work permits

There is no information about VISA and work permits for this country.

Before you begin arranging your vacation to the British Virgin Islands, there are a few things you should be aware of. To begin with, you may need a visa to visit there. What you should be looking at is the British Overseas Territories' visa rules. You'll see that it's rather forgiving, with most nations able to get a visa stamp upon arrival. The length of time you may remain in the British Virgin Islands is determined on your nationality and ranges from 30 days to 6 months.

If your country of origin is not on the list of visa-exempt nations, you will require a visa, which should not be difficult to get. Simply locate the closest British diplomatic mission and apply there. However, even if you discover a lot of information online, we suggest that you phone the location and enquire about the visa requirements. We've all heard that the internet isn't the most trustworthy source of information.

11. Employer Of Record service terms

There is no information about the Employer of Record (EoR) service terms for this country.

Employment contracts

In the British Virgin Islands, there is no standard format for employment contracts. The parameters of a British employment contract may be spelled forth in an employee handbook, offer letter, or collective agreement (if one applies to the employment relationship), among other locations, in addition to a written or spoken agreement. In most cases, employment contracts include:

Contracting parties' rights and duties

Working conditions

Employee responsibilities

Regardless of the form of the employment contract, all employers in the British Virgin Islands are required to give workers with a written statement of particulars that contains a primary statement. The following must be included in the main statement:

The employer's title

The employee's name and work title

A description of the work to be done as well as the place where it will be done

The start and finish dates (if the contract is for a fixed-term)

The duration and terms of the employee's probation period, if one exists.

Salary and payment frequency

Working hours and days (the principal statement must also specify if the employee is expected to work overtime, nights or on Sundays)

Leave, as well as any other benefits to which the employee may be entitled

Whether there is any obligatory training the employee must complete

With Rivermate being your Employer of Record (EoR) in Virgin Islands (British), you do not have to worry about the employment contracts, as we take care of that.

Minimum assignment length

There is no set length for assignments. This is usually indicated in the employment contract for fixed-term employments.

Payment currency

British Pound

United States Dollar (USD)

13.Opening a subsidiary in Virgin Islands (British)

There is no information about the working hours for this country.

How to set up a subsidiary

Subsidiary laws

13. Why choose Rivermate as your Employer of Record / PEO in Virgin Islands (British)

Establishing an entity in Virgin Islands (British) to hire a team takes time, money, and effort. The labor law in Virgin Islands (British) has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Virgin Islands (British) simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record (EOR) solutions in Virgin Islands (British) give you peace of mind so you can focus on running your business. Please contact us if you'd like to learn more about how Rivermate can help you hire employees in Virgin Islands (British) via our Employer of Record (EOR) / PEO solution.

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