You will have unparalleled access to new markets around the world with less hassle and challenges than ever before. When you design global expansion strategies with a third-party expert at your side, you avoid the biggest pitfalls associated with growth.
Your global expansion needs are unique and specific to your situation. No market is the same, just as no company is the same, and this means you need a global expansion strategy that is best suited to you and your company. INS Global’s team of international expansion specialists is ready to work with you to craft a solution strategy that works for you and your goals in the ways that YOU need.
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.
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.