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Companies do not have to confine themselves to local talent when filling these roles in today’s increasingly globalized world. Organizations can access globalrecruitment networks by working with a GEO: Access to a worldwide pool of candidates is possible. Open a corporate bank account Register with tax authorities.
Why is global expansion beneficial for companies in the Netherlands? Companies in the Netherlands are poised to benefit from global growth. As the fifth-largest economy in the European Union , the World Bank ranks the Netherlands in the top 40 percent of the easiest countries to do business with globally.
However, setting up an entity can complicate your global workforce management process because: They can be complex, requiring location(s), licenses, bank accounts, business-level translators, etc. They can take several months to set up. They are not nimble.
Overall, working with a global employment platform reduces stress by saving you the hassle of: Setting up in-country subsidiaries and registering with numerous local tax authorities Opening in-country bank accounts Vetting and hiring local attorneys, finance coordinators, and payroll companies Designing international employee onboarding programs Myth (..)
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