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 abroad, INS Global’s services are perfect for enhancing operational efficiency and ensuring compliance through our professional Employer of Record. Cape Verde and 100+ countries worldwide can all be entered quickly and simply by seamlessly recruiting and managing employees without the need to establish a local entity.
Our EOR services in Cape Verde provide a trustworthy, streamlined, and cost-effective solution for sourcing, hiring, and overseeing local talent from anywhere in the world.
Serving as the local employer to your workers, our dedicated Employer of Record in Cape Verde assumes full responsibility for all HR-related functions on your behalf. This efficient process enables you to enter new markets in as little as a week, saving time and financial resources.
Employer of Record (EOR) services with comprehensive knowledge of Cape Verde can support you in recruiting and overseeing an international workforce while ensuring strict legal compliance. This proactive approach helps you steer clear of costly fines and penalties.
Collaborating with an Employer of Record in Cape Verde simplifies global growth while significantly lowering the typical overhead expenses associated with expansion. In particular, avoiding the need to create a new entity in the region allows you to scale your operations without a substantial increase in processing time.
An Employer of Record in Cape Verde takes on the full range of HR-related responsibilities, streamlining your operations and freeing you to concentrate exclusively on the international expansion of your business.
Establishing a new company in Cape Verde and hiring staff locally can be time-consuming, often spanning weeks, months, or even up to a year in problematic cases. In contrast, partnering with a local Employer of Record in Cape Verde expedites the expansion process, enabling you to enter the Cape Verdean market in as little as a week.
INS Global offers an effective means for managing your diverse, global workforce online through a modern tool. With our revolutionary cloud-based HR platform, you can easily monitor all your employees remotely.
Creating a new company takes time but also adds to the cost of expansion in Cape Verde. EOR services streamline the process and allow you to expand in less than a week.
Working with a Cape Verdean 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 Cape Verde helps your company to expand abroad in 4 simple steps.
A PEO (Professional Employer Organization) takes charge of a wide array of human resources tasks, including payroll management, tax compliance, and contract administration. It operates as a strategic HR partner, providing essential support for your workforce needs.
In contrast, an EOR (Employer of Record) bears similarities to a PEO but holds the legal authority to hire and manage employees on your behalf, simplifying the entire process.
With a PEO, the employment contract is directly established between you and the employee, while the PEO firm assists with HR tasks.
Conversely, with an EOR, you maintain control over the employment contract, but it is legally structured between the EOR and the employee, imparting an additional layer of formality and legal validity.
Income (Cape Verde Escudo CVE) | Tax Rate (%) |
0 CVE – 960,000 CVE | 16.5% |
960,000 CVE – 1,800,000 CVE | 23.1% |
1,800,000 CVE + | 27.5% |
Many companies expand and establish a local company in every market, but collaborating with a local EOR in Cape Verde is more efficient and cost-effective. EORs possess local expertise and simplify hiring and managing staff on your behalf.
An Employer of Record in Cape Verde handles various HR-related tasks, including payroll processing, tax processing, employment contracts, social security deductions, and more, ensuring local compliance for your entire workforce.
Establishing a new company abroad can take months and slow down the expansion process, but with INS Global’s EOR services, you can hire staff and expand in as little as a week.
EOR services simplify and streamline your expansion plan, and the costs vary depending on your employee‘s salary.
Yes, working with an Employer of Record in Cape Verde is a legal and cost-efficient solution that speeds up your expansion plans while reducing costs.
Salaries are typically paid on a monthly basis for full-time employees, while part-time workers may receive weekly or bi-monthly payments. Employers are responsible for deducting taxes and social contributions.
While recruitment in Cape Verde can be time-consuming and costly, INS Global simplifies and streamlines remote hiring and workforce management, reducing the costs of taking on an international workforce.
Absolutely, an Employer of Record in Cape Verde can find and hire employees from all regions, expanding your international workforce.
Modifications to employment contracts require mutual agreement. A Cape Verdean EOR will ensure compliance with the latest local labor laws.
Absolutely, employers in Cape Verde are responsible for deducting all taxes and social contributions from employee salaries every month.
INS Global customizes its services to your specific expansion needs, assisting you in recruiting and hiring as many or as few employees as necessary.
Severance pay is required for employees who have worked for more than a year. Employers have to pay employees 8.33% of their annual salary for every year of service after the first.
In Cape Verde, you can hire employees for in-person and remote opportunities, ensuring cost efficiency during market entry.
Yes! Our recruitment experts have experience in hiring top talent around the world. We provide support in recruiting, hiring, and managing your workforce in Cape Verde and around the world.
Cape Verde observes 11 public holidays, and most employees are entitled to a paid day off. Working on these holidays usually involves a higher hourly rate.
Employers must adhere to the latest labor laws and regulations to avoid costly penalties and fines. Collaborating with an experienced EOR in Cape Verde ensures local compliance.
Yes! INS Global facilitates the recruitment and management of a diverse workforce, making hiring both Cape Verdean citizens and foreigners simple and efficient.
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