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
Expanding globally doesn’t have to be a long process with complicated obstacles. INS Global is an experienced partner to companies wanting human resources services in over 100 countries worldwide. With a PEO you can reduce expenses and waiting time, setting up in a market in as little time as a few days.
An Employer of Record (EOR) in Switzerland acts as a legal entity through which you can bring over your staff team and also hire new local talent quickly and smoothly. Partnering with an EOR in Switzerland also gives you access to local talent pools, cost-effective recruitment methods, and legal expertise.
Similar to an EOR, a PEO (Professional Employer Organization) is also a third-party organization that can be your expansion partner for any market you’re looking to enter. A PEO handles all administrative tasks such as payroll, contract management, and HR services so that your employees remain compliant with every aspect of local labor laws.
Instead of trying to understand local employment and labor regulations on your own, a PEO has a professional legal team who can help ensure that every step of the expansion process is safe and legally compliant.
Making mistakes in a new market can be disastrous, and often result in having to pay legal fees or fines. A PEO not only provides shortcuts for faster expansion but also guarantees that you avoid any costly errors
A PEO allows you to focus on market goals while it takes care of all other processes, including recruitment, payroll, and HR services.
Traditional company incorporation can take up to a year before the company is up and running. A PEO can have operations set up and running as normal in under a week.
From recruitment to contract termination, a PEO provides HR support at every level, all through a single platform.
While company incorporation may be a tried-and-tested method for global expansion, it takes a great deal of time and energy and doesn’t offer solutions for any potentially time-sensitive issues. Having a PEO allows you to begin operations in a new market without having to spend months setting up a separate legal entity.
A PEO:
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.
We can facilitate your company or employment needs using 4 simple steps:
While a PEO and EOR are often mentioned in the same article, the two service types are not identical. Neither are the services that they provide or the liability coverage they give. Understanding the differences will help you to make the right decision when choosing a partner.
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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