Comprehensive Employment and Tax Guide Marshall Island
General Overview
- Currency: United States Dollar (USD))
- Languages: Marshallese, English
- Public Holidays: 10 days
- Capital: Majuro
- Fiscal Year: 1 October - 30 September
- Minimum Hourly Wage: 2.00 USD
Tax Essentials
- Income Tax Range: 8-12%
- Other Taxes: None
Social Security Contributions
- Employer Charges: Social Security 7%
- Employee Charges: Social Security 7%
Employment Contracts & Conditions
- Contract Types: Permanent, Temporary
- Trial Periods: Up to 3 months
- Paid Holiday: 15 days per year
- Salary Payment Frequencies: Bi-weekly
- Termination Notice: 2 weeks
Legal Benefits for Employees
- Medical Coverage: Basic healthcare services
- Common Non-Compulsory Benefits: Housing, transportation
Hiring Non citizen or resident
- Visa & Work Permits Obligation: Required for foreign workers
- High-Skilled Worker Permits: Yes, with specific requirements
- Visa & Work Permits Timelines: 2-4 weeks, depending on visa category and employer sponsorship
The information provided on these countries serves as a general guideline and may
require verification and updates from legal sources or official websites.
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