Employer of Record Bhutan | INS Global

Employer of Record Bhutan

Expanding to Bhutan? EOR (Employer of Record) Services Help You Hire Globally, Pay Locally, and Expand Effortlessly

Are you contemplating a venture or expansion in Bhutan? INS Global’s Employer of Record in Bhutan solutions offer a seamless approach to finding and managing personnel, eliminating the need for a local establishment. Skillfully manage a globally dispersed workforce and swiftly enter new markets with the assistance of adept HR recruitment and payroll specialists. 

Employer of Record Bhutan - Summary

The Advantages of Using an EOR or Professional Employer Organization in Bhutan

Legal Compliance Assurance

Select an Employer of Record (EOR) service well-acquainted with Bhutan’s regulatory intricacies for efficiently recruiting and supervising a global workforce. This proactive strategy safeguards against potential penalties, providing tailored support aligned with Bhutan labor laws. 

Lower Expansion Costs

Partnership with an Employer of Record in Bhutan accelerates and simplifies global expansion while substantially trimming the typical expenses linked with growth. Expand your operations without the need for a new entity in Bhutan, resulting in significant overhead savings. 

Focus on Growing Your Company

An Employer of Record in Bhutan shoulders all HR responsibilities on your behalf by streamlining operations and helping you to concentrate solely on your business’s international objectives. 

Expand Effortlessly

Establishing a new enterprise in Bhutan can be time-consuming, ranging anywhere from a number of weeks to a full year, thanks to unfamiliar local challenges. Conversely, aligning with a local Employer of Record expedites the expansion process, ensuring entry into the Bhutanese market in as little as a week. 

Manage Your HR Online

INS Global presents an effective avenue for managing your diverse, global workforce online through an advanced digital platform. Leverage our cutting-edge proprietary cloud-based HR system to effortlessly supervise all your employees and their requirements remotely. 

Why Choose an EOR in Bhutan Over Company Incorporation?

Establishing a new company in a foreign jurisdiction is often intricate, especially if unfamiliar with local regulations and employment norms.  

Engaging with a Bhutanese EOR saves time in international business growth, curtails expansion costs, assures local compliance, and permits a focus on business development within Bhutan’s distinctive landscape. 

testimonial from Manuel Ramos

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

How Does an EOR In Bhutan Work?

INS Global’s EOR in Bhutan paves the way for your company’s overseas expansion in four tailored steps precisely calibrated to the Bhutanese business environment.  

To help you expand quickly, we… 

  1. Collaborate with your business to devise a personalized expansion plan. 
  2. Provide the requisite legal entity for hiring or transferring staff in Bhutan, ensuring adherence to all local legal mandates. 
  3. Manage HR tasks, encompassing hiring, contract administration, and payroll management, guaranteeing local compliance in Bhutan. 
  4. Enable your employees to concentrate on business objectives in the future by continuously addressing evolving HR and legal compliance needs. 

What is the difference between PEO and Employer of Record Services in Bhutan?

In Bhutan, PEO (Professional Employer Organization) services handle diverse HR tasks, functioning as a strategic partner.  

In contrast, Bhutanese Employer of Record (EOR) partners like INS Global possess the legal authority to oversee employee hiring and management, simplifying the process from inception to conclusion in alignment with Bhutan’s employment regulations. 

INS Global extends both options, ensuring that whether you seek an EOR or PEO in Bhutan, you receive the support essential for a quick and comfortable expansion. 

Labor Law in Bhutan

Employment Contracts in Bhutan

  • Professional employment in Bhutan always starts with an official letter of employment. 
  • Employers can usually include a 6-month probation period in labor contracts.  
  • An employer can end an employment contract early if the employee violates the conditions of the contract. 
  • Employees are entitled to 1 month’s notice in the event of contract termination. 
  • Severance pay is required for employees who have served for more than 5 years. This is calculated at a rate of 1 month’s pay for every year of active service. 

Working Hours in Bhutan

  • The typical working week in Bhutan runs from Monday to Friday. 
  • Full-time employees generally work 8 hours per day, 48 hours per week. 
  • Employees are not allowed to work more than 40 hours per week without receiving overtime pay. 
  • Employees are entitled to a higher hourly rate for overtime. This is 150% of the basic rate. 

Annual Leave in Bhutan

  • Bhutan has 13 official national holidays. 
  • Employees are entitled to 18 days of paid annual leave every year.  
  • Annual leave is calculated and accumulated at a rate of 1.5 days per month of service. 

Sick Leave in Bhutan

  • When an employee is unable to attend work due to illness, they need to get a doctor’s note and present it to HR as soon as possible.  
  • Employees are entitled to up to 5 days of sick leave.  
  • Employees can claim from social security during this time. 

Maternity / Paternity Leave in Bhutan

  • According to Bhutanese law, female employees are entitled to 2 months of maternity leave. However, they must have been working for the company for 12 months prior. 
  • Maternity leave allowance can be claimed from social security. 
  • Male employees are entitled to 10 days of paternity leave. 

Tax Laws in Bhutan

  • Employers in Bhutan are responsible for withholding all taxes and social contributions. 
  • Employers contribute the equivalent of 5% of the employee’s salary to their social security fund, while employees contribute 5%. 
  • The corporate income tax rate is set at 25% for both local and foreign companies. 
  • Personal income tax ranges from 0% to 30%.  

 

Employer of Record Bhutan

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FAQs

While creating a local entity is an option, teaming up with a local Employer of Record proves more efficient in Bhutan. Employer of Record services bring local expertise as well as facilitate hiring and staff management on your behalf. 

An Employer of Record in Bhutan manages various HR tasks, such as payroll processing, tax compliance, employment contracts, and contributions to social security, ensuring comprehensive compliance for your entire workforce. 

Establishing a new company abroad can take months to a year, but with INS Global’s EOR services, you can recruit employees and enter a new market in as little as a week. 

EOR service costs are directly tied to your employee’s salary, calculated as a percentage and covering all HR functions for compliant employment in Bhutan. 

Yes, collaborating with an Employer of Record in Bhutan is a legal and efficient solution, streamlining your expansion plans while reducing costs. 

Salaries are typically processed monthly for full-time employees, while part-time workers may receive weekly or bi-monthly payments. 

Recruitment costs in Bhutan vary, but INS Global simplifies remote recruitment and staff management, reducing the expenses associated with managing an international workforce. 

An Employer of Record in Bhutan can recruit and hire employees from all regions, facilitating swift expansion across the country. 

Modifications to employment contracts require mutual agreement. 

Yes, employers in Bhutan are responsible for withholding taxes and social contributions from employee salaries, including an employer’s contribution to each employee’s social security fund. 

INS Global customizes its services to your company’s needs, assisting with recruiting and hiring as many or as few employees as required for your expansion plans. 

Severance pay is required for employees who have served for more than 5 years. This is calculated at a rate of 1 month‘s pay for every year of active service. 

In Bhutan, employees can be hired for both in-person and remote opportunities, allowing for reduced overheads during international expansion. 

Certainly! Our local experts bring extensive experience in finding top talent globally by providing support in recruiting, hiring, and managing your workforce, regardless of your location. 

Bhutan observes 13 national holidays where employees are entitled to a paid day off. Working on these holidays usually involves a higher hourly rate. 

Employers must adhere to strict labor laws and regulations to avoid costly penalties and fines. Partnering with an experienced EOR in Bhutan ensures compliance during your expansion. 

Yes! INS Global assists in the recruitment and management of a diverse workforce, simplifying the process of hiring both Bhutanese citizens and foreigners. 

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