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
Having a reliable global expansion partner can make the difference between success or failure in a new market. With INS Global you can enter new markets quickly and in full confidence of legal compliance in every way. INS Global has more than a decade of experience helping companies expand worldwide, and our team of experienced professionals are on hand at all times to offer advice and expertise.
Using an Employer of Record (EOR) in Slovenia will help you bring employees over and start operations without unnecessary delay. An EOR can also assist with recruitment and match you with the best local talent to meet your staff needs.
A Professional Employer Organization (PEO), which is similar to an EOR, can make your path to global expansion simpler and smoother. With a PEO handling all aspects of payroll, taxes, and HR services, you can focus your time and energy on reaching your market goals.
Dealing with an unfamiliar legal system can be tricky, and you will be prone to making more mistakes and having to pay costly fines. A PEO has an experienced legal team that will keep you and your employees compliant with all local labor and employment laws.
With a PEO partner you don’t need to waste resources on hiring any other outsourcing services; a PEO provides all the support you need, from recruitment and onboarding to payroll and taxes.
Having a PEO partner means you don’t have to worry about administrative details and can devote your time towards tasks only you can do.
Expanding with company incorporation can take months or even a year. A PEO can have you up and running within just a few days.
A PEO is your one-stop for everything you need to enter a new market speedily and safely.
Expanding via traditional company incorporation involves setting up your own branch or subsidiary. This means a lengthy and often complicated process that can take months to complete. On the other hand with a PEO you can enter new markets and set up within a week. A PEO acts as the legal entity so that you can enter new countries promptly and professionally.
Having a PEO partner also means:
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.
With a simple and clear 4 step plan INS Global can make your expansion goals in Slovenia a reality.
You may often see a PEO and EOR mentioned together, and while they do provide similar services, they are not identical. It’s important for you to understand how they operate so that you can make the right choice about which one to partner with.
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.
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