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
When it comes to expanding your business internationally, rely on INS Global as your experienced guide. Through collaboration with our experienced Employer of Record in Bosnia & Herzegovina, you can easily recruit, hire, and manage employees without the need to establish a local entity, all while effectively navigating the complexities and expenses that generally come with global expansion.
Our PEO services in Bosnia & Herzegovina provide a secure, efficient, and cost-effective solution for sourcing, employing, and managing local staff. With INS Global’s exceptional PEO services available in Bosnia & Herzegovina and over 160 countries worldwide, you can effortlessly handle a diverse, international workforce from anywhere in the world.
As the authorized employer, our dedicated Employer of Record (EOR) takes full responsibility for all HR-related activities on your behalf in Bosnia & Herzegovina. EOR services streamline processes allowing for an expansion timeline of just days, reducing both the time and costs associated with growing your business overseas.
PEOs 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 PEO 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.
PEOs take all the HR-related responsibilities off your shoulders so that you can focus on growing your business abroad. PEOs 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 PEO 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.
When expanding internationally, you may be considering partnering with a PEO (Professional Employment Organization) or an EOR (Employer of Record) in Bosnia & Herzegovina. Here are some key differences to keep in mind.
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.
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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