Testimonial
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting business in new and complex markets. Understanding the market doesn’t mean you need to set up a company immediately.
5/5
Going through the processes required to set up your company overseas can be difficult.
In many cases, a global PEO (Professional Employer Organization) can be an efficient way to set up and begin operations quickly and safely.
A PEO (Professional Employer Organization) is a global mobility partner that ensures total legal compliance assurance in a target market for all overseas employees. A PEO in Belize gives companies the local expertise needed global expansion. Hire and provide HR services for employees in as little as 48h with INS Global.
An EOR (Employer of Record) is a third-party provider of employment outsourcing services that acts as an employer for tax and HR administrative purposes. INS Global’s EOR in Belize allows companies to securely and cost-effectively hire and manage employees overseas in less than 48 hours.
A PEO handles compliance issues through a team of local legal experts
PEOs cut potentially months off set up time and complete complex procedures for a fraction of the cost it takes to hire and manage an entire HR team
PEO services give you expert HR functional support punctually and at a low cost through innovative industry-leading support
Company incorporation can take weeks or months on average, whereas a PEO can have you up and running in just a few days
A PEO provides all the necessary HR and employment functions of an entire department for a single low-cost monthly fee
Setting up a separate overseas company in Belize from start to finish, then going through the processes required to hire, onboard, and provide HR services for employees, can be difficult and expensive.
A PEO allows you to cut through many of the most time-consuming or problematic aspects of the transition.
A PEO allows you to…
The Advantage in Figures
| PEO/EOR | Company Incorporation | ||
|---|---|---|---|
|
|
|||
|
Price |
80% Less Expensive |
|
|
|
Market Entry |
2-5 Days |
6 Months |
|
|
Employee Turnover |
Decrease by 14% |
|
|
|
Recommendation |
98% of the Current PEO Clients |
|
|
|
Administrative Fees |
Saves an Average of $450 |
|
|
|
Costly Payroll and Compliance Fines |
Help Avoid |
|
|
|
Company Growth Rate |
7 – 9% |
|
|
|
ROI |
27% |
|
|
|
Closed During Pandemic |
-58% |
|
|
|
|
|
|
|
Manuel Ramos
TERAO ASIA
Managing Director
We think INS Global is a good solution about starting business in new and complex markets. Understanding the market doesn’t mean you need to set up a company immediately.
Both options represent strong overseas HR and employment outsourcing solutions. INS Global offers both PEO and EOR services in Belize to ensure that you have the most appropriate option available, whatever your needs.
INS Global is an experienced provider of international PEO and EOR services to more than 80 countries worldwide. Our advisors are experts in every aspect of overseas HR, payroll, recruitment, onboarding, and compliance functions.
Contact our team today to learn more about how you can expand your operations to Belize quickly, safely, and fearlessly.
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.
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.
Level 39, Marina Bay Financial Centre Tower 2, 10 Marina Boulevard
Singapore 018983DOWNLOAD THE INS Expansion Insights
DOWNLOAD THE PDF
