Employer of Record in Montenegro

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.

Liabilities may vary from country to country and include all the staff management responsibilities: labor contract issues, payroll management, and tax compliance, social security management, expenses claim declaration, hiring and termination
procedures, etc.

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, with the costs typically being based on your employee’s salary.

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

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

INS Global simplifies and streamlines recruitment, hiring, and staff management remotely, reducing the costs associated with managing an international workforce. That being said, when employing workers in Montenegro it’s essential to consider both direct and indirect costs, such as mandatory and fringe employee benefits, and relocation costs in the case of foreign employees.

Absolutely, an Employer of Record in Montenegro can recruit and hire employees from all regions, expanding your talent pool wherever the opportunity arises.

Modifications to employment contracts in Montenegro require mutual agreement.

Yes, employers in Montenegro 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 at least a third of their salary for each year of employment with a minimum equivalent to 3 months‘ pay.

In Montenegro, you can hire employees for in-person and remote opportunities, ensuring cost efficiency during market entry.

Certainly! Our recruitment experts possess extensive experience in hiring top talent globally. We provide comprehensive support in recruiting, hiring, and managing your local workforce, regardless of your location.

Montenegro observes 13 national holidays, and most employees are entitled to a paid day off on each of them. Working on these holidays usually involves a higher hourly rate.

Employers must adhere to strict labor laws and regulations to avoid penalties and fines. Collaborating with an experienced PEO in Montenegro ensures compliance during seamless expansion.

Absolutely! INS Global facilitates the recruitment and management of a diverse workforce remotely, making it simple to hire both Montenegrin citizens and foreigners.