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Registration
All persons engaging in gainful employment in The Bahamas - whether employed on a temporary, probationary, part-time or permanent basis - are required to register with The National Insurance Board. Registration should be undertaken before, or as soon as possible after commencing work.
The National Insurance number is a unique eight (8) digit number that is distinctive, personal and specifically identifies the individual (the year and quarter of the registrant’s birth; and his/her sex). Once a number is assigned, the registrant does not have to register again - even if changing jobs, moving to a new island, or changing names.
For more information on Individual registration and the National Insurance Smart Card, click here:
Additionally, businesses (employers) and self- employed persons are required to register with NIB. The employer/ self-employed are assigned a unique nine (9) digit number for the payment and recording of contribution payments.
For more information on Business registration, click here:
RSS Member Login
NIB Contribution tables - Effective July 2024
Hospitality Form C-10 Spreadsheet
Non-Hospitality Form C-10 Spreadsheet
Contributions Table
Contribution Rates and Insurable Ceilings 2024
NIB Value Added Tax TIN
Know Your Contributions Facility Instructions
Employers can request Letters of Good Standing
NIB COVID 19 Updates
11th Actuarial Review of NIF
11th Actuarial Review of NIF