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International PEOs, on the other hand, handle all employment responsibilities on a company’s behalf—from onboarding to payroll, taxes, benefits, talent relocation, and compliance. A more accurate term for international PEO is a global employer of record (EOR), which we discuss below. Talent retention. Streamlined support.
Acquirement of talent that specializes in local businessdevelopment to drive business on the ground in new markets. Countries with no prior entity set up face possible tax, benefit, and payroll challenges. Download our globalhiring eBook today, or take a tour of our platform to explore its features and benefits.
Additionally, an EoR takes on employer responsibilities such as onboarding, payroll, visa administration, and compliance with local employment and immigration laws, while you own management tasks like compensation, position duties, projects, and performance management.
Globalhiring and expansion present exciting business opportunities. An EoR is a third-party partner that serves as the legal employer of your global talent. Velocity Global’s Employer of Record (EoR) solution allows companies to expand across borders quickly without setting up a subsidiary.
Velocity Global Is Ready to Help Velocity Global is an expert in international tax treaties and permanent establishment legislation in 185+ countries. Lean on us to clarify your permanent establishment status and eliminate compliance risks so you can expand globally with peace of mind.
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