Employer of Record in Macedonia

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.

The cost of a PEO in Macedonia typically depends on a percentage of your employee’s salary, providing a streamlined approach to your expansion plan. 

Certainly, working with an Employer of Record in North Macedonia is a legal and efficient solution that simplifies your expansion plans while reducing costs. 

Salaries for full-time employees in Macedonia are usually processed on a monthly basis, while part-time workers may prefer weekly or bi-monthly payments. Employers are responsible for deducting taxes and social contributions from employee salaries. 

Recruiting new employees in North Macedonia typically includes both direct (salary, employee benefits, and expenses) as well as indirect costs (employer social security contributions, HR administration hours, management hours). INS Global simplifies and streamlines recruitment, hiring, and staff management remotely, reducing the costs associated with managing an international workforce in Macedonia. 

Absolutely, an Employer of Record in Macedonia can recruit and hire employees from all regions, expanding your talent pool across the country. 

Modifications to employment contracts in North Macedonia require mutual agreement. By working with a North Macedonian PEO, you ensure compliance with local labor laws while adapting contract requirements. 

Yes, as an employer in Macedonia, you are responsible for deducting taxes and social contributions from your employees’ salaries. 

INS customizes its global EOR services to meet your specific needs, assisting you in recruiting and hiring as many employees as necessary to support your expansion plans. 

Termination costs in North Macedonia vary depending on how long the employee has been with the company. Employees are entitled to 1 month‘s pay if they‘ve been with the company for less than 5 years. Employees are entitled to 2 months‘ pay if they‘ve been employed for 5 to 10 years. This increases to 3.5 months if the employee has been with the company longer than 10 years.  

In North Macedonia, you have the flexibility to hire employees for both in-person and remote opportunities, allowing for cost efficiency during your market entry. 

Absolutely! Our recruitment experts have extensive experience in sourcing top talent globally. We offer comprehensive support in recruiting, hiring, and managing your workforce, regardless of your location in Macedonia. 

North Macedonia observes 13 national holidays, and most employees are entitled to a paid day off on these occasions. Working on these holidays usually involves a higher hourly rate. 

Employers in Macedonia must adhere to strict labor laws and regulations to avoid penalties and fines. Partnering with an experienced PEO in Macedonia ensures compliance and facilitates seamless expansion. 

Absolutely! INS Global enables the recruitment and management of a diverse workforce remotely in North Macedonia, making it easy to hire Macedonian citizens and foreigners.