Economic Overview, Central Pacific Fisheries & Seabed Minerals
Nauru utilizes Australian Dollar currency and operates sovereign Pacific tuna fishery licensing and deep-sea mineral exploration.
Key Economic Sectors
- Pacific Tuna Fisheries & PNA Licensing: Sovereign exclusive economic zone tuna licensing revenues.
- Deep-Sea Seabed Mineral Exploration: Nauru Ocean Resources Inc (NORI) exploring seafloor polymetallic nodules.
- Phosphate Processing & Port Infrastructure: Secondary phosphate extraction and maritime port operations.
Employment Contracts, Labor Standards & AUD Currency
Governed by Nauruan Common Law and statutory labor orders.
- Written Contracts: Mandatory in English specifying remuneration and working hours.
- Probation Period: Standard commercial practice is 3 months.
Working Hours, Leave & NRO Employment Tax
- Standard Hours: 40 hours per week (8 hours/day over 5 days).
- Annual Leave: Minimum 10 to 15 working days paid vacation per year.
- Public Holidays: 10 official national public holidays.
- Employment Tax: Flat 10.0% on earnings exceeding AUD $8,400/yr, remitted to NRO.
Why Use an Employer of Record (EOR) in Nauru
- Rapid Pacific Deployment: Onboard marine scientists and project managers in Nauru in days.
- NRO Tax Compliance: Seamless management of Employment Tax withholdings and compliant AUD disbursements.
Hiring in Nauru? Key Resources
Whether you are evaluating entity setup vs. using an Employer of Record, or looking for the best international payroll solution, our guides give you transparent benchmarks:
