With vast changes over the past two decades and the graduation of the economy to lower middle-income status, Cambodia has high aspirations for the future. Primarily driven by tourism and the export of garments, the continual growth of the economy may serve as a good sign for those looking to expand their business to Cambodia.
Our PEO solution not only assists you to enter the Cambodian market, but also enables you to hire people from the outset, without the need of establishing your own entity.
The term PEO stands for Professional Employment Organization, which is essentially an outsourced employment solution that allows for your company to hire employees in a foreign country legally, without the need to establish a legal entity in the country.
INS Global has a locally setup entity that employs personnel on your behalf, thus serving as an Employer of Record (EOR). This means that the EOR will hire the employees on your behalf for compliance and tax purposes, however the employees will be under your full control. Our local infrastructure ensures that both you and your employees remain 100% compliant with labor laws. Using this method of entry, you can onboard employees in a matter of days, allowing you to focus on your core business faster, with less administrative challenges.
When thinking of expanding your business to a foreign country it could be a daunting task. Expanding to Cambodia could prove more challenging than expected, as there are various unknown barriers and challenges that you may encounter. Connecting with the right partner could make your venture into Cambodia substantially easier and faster than you would anticipate. Partner with INS Global today and let us assist you in taking your business to Cambodia.