The Pros And Cons Of Working With An EOR (Employer Of Record)
Are you planning to expand your business overseas? If you are currently eyeing up global expansion, you have come to the right place. An EOR or Employer of Record is a great option for you under such circumstances. Rather than having to deal with all the bureaucracy and associated hassles in your target market, you can instantly tap into international markets as well as workforces with the assistance of an already-established local partner. That way, you will still retain control of operations in the new territory.
If you are looking for a USA EOR then please look no further than TopSource Worldwide.
Pros of working with an Employer of Record
. You can access international markets very quickly – You can hire staff anywhere in the world without registering a subsidiary in that particular country. It helps grow your company faster. In fact, using the services of an EOR is a great alternative for any small business that wishes to expand into new territory but lacks the resources to set up its own entity.
. You can tap into on-the-ground expertise – Employers Of Record or EORs are fully established and based in the country of operation. They will speak the local language and understand local employment laws & regulations. In fact, they can easily guide partner organisations through the various challenges & opportunities that the target market present.
. You don’t have to register a company – Most countries need a foreign organisation or investor to register a company … READ MORE ...