Global PEO
Hire Overseas Without an Entity
Take your business global and your talent with you. Hire employees abroad in record time with our PEO/EOR solution, ideal for businesses wishing to expand worldwide.
What is an Employer of Record (EOR)?
A global of Record, or EOR, is a third-party company that delivers HR services for your professionals by hiring them on your behalf. Essentially, an EOR takes on all the legal responsibilities associated with providing all HR functions for your employees. This allows you to hire employees and operate overseas without first incorporating a separate legal entity in another market.
How does a Global Employer of Record work?
An international PEO, like an EOR, is a third-party company that provides HR services for your employees either in your home country or abroad. Unlike an EOR, a PEO agreement is made directly between your company and the PEO provider. In many countries, these terms are often used interchangeably as PEOs and EORs are not defined separately, and both can often be seen as forms of co-employment.
Why choose a PEO instead of Company Incorporation?
Incorporating a company in a foreign market is complicated and time-consuming, usually requiring a legal and physical presence in the target market. The delays and costs associated with overseas company incorporation can often come at the worst times and bring focus away from other tasks more associated with growth and success goals.
A PEO allows a company to operate in a new market without going through the steps necessary to form and incorporate a new entity.
A PEO:
- Can have your employees operating overseas in a matter of days
- Can save you on setup fees or overheads associated with expansion
- Gives you assured legal compliance with all local labor regulations
- Gives you access to well-established local resources and networks
What are the Advantages of Partnering with a Professional Employer Organization?
Keep Your Employees and Operations Legally Compliant
PEOs offer assured legal compliance to keep your operations in line with potentially unfamiliar labor laws
Drastically Lower Your Necessary Spending
A PEO provides all necessary employee setup procedures and HR functions for a single monthly fee
Increase Your Focus on Growth and Success Goal Tasks
Managing your overseas workers can take your staff away from other more important duties
Reduce Your Market Entry Time
Rather than the months it can take to establish yourself overseas, a PEO can have you operating within a week.
Streamline and Minimize Your Overall Company Structure
Have all your overseas HR requirements met efficiently via a single platform and point of contact.
Keep Your Employees and Operations Legally Compliant
PEOs offer assured legal compliance to keep your operations in line with potentially unfamiliar labor laws
Drastically Lower Your Necessary Spending
A PEO provides all necessary employee setup procedures and HR functions for a single monthly fee
Increase Your Focus on Growth and Success Goal Tasks
Managing your overseas workers can take your staff away from other more important duties
Reduce Your Market Entry Time
Rather than the months it can take to establish yourself overseas, a PEO can have you operating within a week.
Streamline and Minimize Your Overall Company Structure
Have all your overseas HR requirements met efficiently via a single platform and point of contact.
Jason Simon
The Wine Group
Director Global Strategy
Their flexibility and ability to understand the specifications of the market are impressive
Sherry Yoshioka
China Mobile
BA Project Director
We were looking for eays to expand our operations in Taiwan and Singapore. Through INS Glibal we avoided complicated aspects of our plans
Andrew Mi
Price Water House
Senior Associate Advisory
We needed a cost-effective solution to meet our Asian expansion needs. INS provided a personalized service that helped us to simplify our expansion to South Korea with ideal recruitment candidates.
Miguel Romero
Europastry
APAC Director
We really liked the recruitment process. They helped us find the ideal candidate in challenging places for us (South Korea). The experts were quick to help us find wireless engineers in South Korea.
FAQs
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.
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