British Virgin Islands
US Dollar · US$
The British Virgin Islands has no personal income tax, but employers must contribute to Social Security and the mandatory National Health Insurance (NHI) scheme. Payroll compliance includes employment contracts, payroll records, and work permit management for expatriates.
Country Quick Facts
Financial Calculators
Calculate statutory deductions, contributions, and obligations for British Virgin Islands.
Health Insurance Calculator
Mandatory health insurance contributions
Monthly Premium
US$500.00
Insurance Provider
National Health Insurance (NHI)
NHI has been mandatory for all employers and employees since January 1, 2016. Contributions are capped at a monthly insurable-earnings ceiling of US$8,500 (effective January 1, 2025).
Employer Share
US$18.75
3.75% of premium
Employee Share
US$18.75
3.75% of premium
*Note: This pension calculation is an estimate. For exact payroll and pension compliance calculations, please visit the official government website.
Country Overview
Key employment regulations and payroll requirements at a glance.
Minimum Wage
US$7.25 / hour
Payroll Cycle
Monthly or Bi-weekly
Income Tax
Not applicable
Social Security
8.5% total (4.5% employer + 4% employee)
Mandatory Pension
No government-run pension scheme, but employers must provide a retirement benefit (pension, provident fund, or long-service payment) under the Labour Code 2010
Health Insurance
Mandatory NHI: 3.75% employer + 3.75% employee
Employment Contract
Written contract recommended
Payslip
Required
Government Filing
Monthly social security submissions
Leave & Labour Compliance
Employment terms and leave entitlements for British Virgin Islands.
Annual Leave
British Virgin Islands statutory entitlement
10
days
Compliance Highlights
- Employees receive at least 2 weeks of annual leave after qualifying service.
- Paid sick leave is available under statutory provisions.
- Eligible employees are entitled to 14 weeks of maternity leave.
- There is no statutory paternity leave.
- Employees receive all officially declared public holidays.
- Probation periods generally range from 3 to 6 months.
- Notice periods depend on employment duration and contract terms.
- Standard working hours are typically 40 hours per week.
- Overtime compensation applies where legally required.
- Employers should issue a written employment contract.
Government Registrations
Required registrations and regulatory authorities for British Virgin Islands.
Employer Registration
Department of Labour
Tax Authority
N/A - No income tax
Insurance Authority
National Health Insurance (NHI)
Labour Department
Department of Labour
Submission Frequency
Monthly
Online Portal
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