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Introduction

Employer of Record

Simplify Your Ability to Expand Globally

For most businesses and organizations , global expansion is a long-term goal , but the path towards success is fraught with risks , costs and delays . To open a new operation in China can take as long as 18 months , while in Brazil it can cost as much as

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$ 35,000 to open an entity .

Going global is a challenge , yet the complexity and difficulties have not prevented startups from scaling their operations internationally . They have powered

solution has been an Employer of Record ( EOR ), which removes the complexity from the entire experience by becoming a simple step in a business plan .

But what is an EOR service and how does it simplify global expansion ? In this guide , you will learn about an EOR service and how it can help your business reach its global potential .

Simplify Your Ability to Expand Globally

Explaining EOR

An employer of record , also known as an EOR , is an organization that manages the legal , HR , tax and local compliance responsibilities of your employees in any country where you don ’ t have an operation .

An EOR can onboard , manage and pay staff on your behalf . Consider it the legal employer while you , the client , retain the role of managing employer , looking after the day-to-day management of the employees . In other words , you call all the shots on hiring , compensation , assignments , duties and termination . The EOR is simply a HR service that helps keep your business compliant with local laws .

For example , say you need to hire a team across various European countries – you simply provide the EOR with information about who and where along with the remuneration details . The EOR then navigates the local laws and handles all the paperwork for onboarding the employee . This frees

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