Testimonial
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately.
5/5
INS Global’s Employer of Record (EOR) in Bosnia & Herzegovina offers a strategic solution for international business growth. Our service enables seamless recruitment and employee management across borders without establishing a local entity.
With coverage in Bosnia & Herzegovina and over 160 countries, our EOR provides a secure, efficient approach to sourcing global talent. We transform complex international workforce challenges into streamlined, cost-effective processes.
Our dedicated EOR handles all HR-related activities, ensuring complete employer compliance and enabling businesses to expand rapidly—often within days—while minimizing administrative complexities and operational costs.
EORs in Bosnia & Herzegovina have local expertise that can help you navigate the complex labor regulations. This helps streamline your expansion while ensuring that you‘re always compliant, preventing costly errors, penalties, and fines.
Working with a local EOR drastically reduces the cost of expanding abroad. The streamlined process saves time and enables you to grow your business internationally at a fraction of the cost.
EORs take all the HR-related responsibilities off your shoulders so that you can focus on growing your business abroad. EORs in Bosnia handle everything from payroll processing to recruiting and managing talent so that you can grow your team more efficiently.
If you were to set up a new company abroad, the legal process can take anywhere from 4 to 12 months. On the other hand, working with a EOR streamlines the process so that you can set everything up in less than a week.
INS Global offers you a way to manage your diverse workforce seamlessly through a cloud-based platform. This allows you to keep your finger on the pulse no matter where you are in the world.
Establishing a new company doesn’t just take time, it can also increase your operational costs. Working with a global EOR streamlines the process and empowers your business to grow in the most efficient way.
Working with a global EOR…
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately.
INS Global’s EOR in Bosnia & Herzegovina empowers your company to expand abroad in just 4 simple steps.
No, it is necessary to use a local entity abroad to comply with each country labor law.
Foreign companies can either set up a local entity in each country or use the services a local PEO (Professional Employment Organization) to hire the staff on-site directly.
The employer of record is the legal entity liable for the staff employed in a specific country. In practice, a foreign company can either open a subsidiary to become the employer of record of its abroad employees or use a PEO to act as the employer of record.
Liabilities may vary from country to country and include all the staff management responsibilities: labor contract issues, payroll management, and tax compliance, social security management, expenses claim declaration, hiring and termination
procedures, etc.
In general, 1-month is necessary to have an employee based out abroad using an existing PEO as the employe of record. When incorporating a new subsidiary to be the employer of record, the delay varies from 4-12 months.
PEO services streamline your expansion plan, and the costs usually depend on a percentage of your employee’s salary.
Certainly, working with an Employer of Record in Bosnia & Herzegovina is a legal and efficient solution that streamlines your expansion plans while reducing costs.
Salaries are typically processed monthly for full-time employees, while part-time workers may prefer weekly or bi-monthly payments. Employers deduct taxes and social contributions.
INS Global simplifies and streamlines recruitment, hiring, and staff management remotely, reducing costs associated with managing an international workforce.
Absolutely, a Bosnian Employer of Record can recruit and hire employees from all regions, expanding your talent pool.
Modifications to employment contracts require mutual agreement. A Bosnian PEO ensures compliance with local labor laws.
Yes, employers in Bosnia & Herzegovina are responsible for deducting taxes and social contributions from employee salaries.
INS Global tailors its services to your specific needs, assisting you in recruiting and hiring as many employees as necessary for your expansion plans.
Termination costs vary depending on the circumstances. Employees are generally entitled to a minimum of one-third of their salary for each year or more than 6 months‘ salary.
In Bosnia & Herzegovina, you have flexibility in hiring employees for both in-person and remote opportunities, ensuring cost-efficiency during market entry.
Certainly! Our recruitment experts have extensive experience in hiring top talent globally. We provide comprehensive support in recruiting, hiring, and managing your workforce, regardless of your location.
Bosnia & Herzegovina observes 13 national holidays, and most employees are entitled to a paid day off. Working on these days includes a higher hourly rate depending on your employment contract.
Employers must adhere to strict labor laws and regulations to avoid penalties and fines. Partnering with an experienced PEO in Bosnia & Herzegovina ensures compliance during seamless expansion.
Absolutely! INS Global facilitates the recruitment and management of a diverse workforce remotely, making it simple to hire both Bosnian citizens and foreigners.
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