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Table of Contents

1. What is an EOR service?

2. What’s the Remote Employer of Record (EOR) about?

3. Functions/features of Remote’s Employer of Record (EOR) Services?

• Payroll Processing
• Employee Onboarding
• Tax and Legal Compliance
• Employment Contracts and Documentation
• HR Administration
• Benefits Administration

4. Why You Should Use Remote’s EOR Services as a Business?

• Seamlessly Expand Your Global Footprint
• Save Time and Money

 

 

For much of the world’s businesses, geographical boundaries have always been a hindrance to accessing the best talent. 

This has limited their ability to attract, recruit, and leverage the skills of top professionals from different corners of the world.

However, remote work and digital connectivity have shattered these boundaries.

Businesses can now access a global talent pool like never before by overcoming geographic limitations. By embracing remote work, firms can hire and work with exceptional talent everywhere. They can engage this talent either as employees, freelancers, or contractors, regardless of their location.

This is a game-changer, bringing fresh ideas, innovation, and a wealth of expertise to drive growth for businesses.

But expanding your team globally and working with remote talent isn’t a walk in the park. 

As a business, your dream of global expansion could easily turn into a bureaucratic nightmare as you start to deal with the obvious issues:

• Compliance: With each country having their own regulations and tax laws, it can be daunting navigating the landscape.
• You could try setting up a legal entity in any country that you want to hire from. However, that involves extensive paperwork, registration processes, and legal complexities. You end up giving up after so much time and money wasted.
• You will also be dealing with other issues, such as employment benefits, language and cultural barriers, and an evolving legal landscape.

That’s where Remote’s Employer of Record (EOR) service comes in, by helping businesses unlock the full potential of global talent. The Remote EOR service achieves this by providing expertise, infrastructure, and support to help businesses navigate these intricate landscapes.

Following, I’ll take you through what Remote’s EOR can help you expand your team globally while staying compliant. 

 

What is an EOR service?

Before we talk about Remote’s EOR service, let’s understand what an Employer of Record (EOR) is. 

An Employer of Record (EOR) is a third-party entity that takes on the responsibility of being the legal employer of a company’s employees in a particular country. This means that the EOR takes care of all the administrative tasks associated with having employees in that country. These include, but are not limited to:

 

1. Running the Payroll, 
2. Handling Taxes, 
3. Managing Employee Benefits
4. Working on Compliance with Labor Laws.

 

Let me give you an example:

You are a multinational company (Let’s call you Company X) based in the United States and want to expand your operations into another country, say Kenya. However, you’re unfamiliar with the legal and administrative requirements of hiring employees in Kenya. But you also don’t want to go into the long process of setting up an entity in Kenya. Which will also include the arduous task of learning about labor laws in Kenya that are always changing, handling payroll, taxes, and HR stuff. This is where the EOR service comes in. Here, let’s call it company Y.

There’s a company (Company Y) that specializes in EOR services and operates in the country that you want to expand to. That’s Kenya. They have a deep understanding of the local labor laws, regulations, and compliance requirements in the country. As a result, company Y offers to act as the EOR for Company X (You) in Kenya, handling all the legal and administrative tasks related to employment.

So, in a nutshell, that’s what an EOR does.

When your company partners with an EOR, the EOR becomes the employer on record for all your employees in that specific country.

Remember, however, that the employees still work for your company. This arrangement allows your company to outsource the administrative burden of managing employees, while still retaining control over their day-to-day work.

 

Read a full review of remote here to learn about the other services it offers:

Remote.com Review: Hire, Onboard, Pay, and Manage a 100% Remote Workforce

 

 

What’s the Remote Employer of Record (EOR) about?

Remote is a leader in global Employer of Record (EOR) services. It offers a comprehensive solution for businesses seeking to expand their operations in countries across the globe. With a deep understanding of international employment regulations, payroll compliance, and local labor laws, Remote empowers companies to navigate the complexities of global workforce management.

By partnering with Remote, businesses gain access to a network of trusted professionals who possess deep expertise in local labor laws, employment regulations, and HR practices. This ensures compliance, minimizes risk, and allows companies to operate with confidence and peace of mind.

 

 

Functions/features of Remote’s EOR Services?

Remote EOR services offer a wide range of functions and features. These are designed to assist organizations in managing their workforce with ease, efficiency, and compliance.

Whether you are a company expanding into a new market, a startup seeking scalable human resource solutions, or an organization aiming to offload administrative burdens, the features offered by Remote’s EOR services can simplify your employment processes. Here is a rundown of these features.

 

Payroll Processing 

Having a timely and accurate payroll processing session is crucial to the survival of every business. This is especially true when you’re expanding to a country you know nothing about in terms of their payroll laws. By outsourcing this task to Remote, you are assured that salaries, taxes, and deductions are calculated correctly and paid on time. This eliminates administrative burden and reduces the risk of errors.

 

Employee Onboarding

Effective employee onboarding sets the tone for a positive work experience and helps new hires integrate smoothly. Remote’s EOR service manages this process in the country you’re hiring from. It ensures that necessary documentation is collected, employee records are properly set up, and orientations are coordinated. This service enables you and your team to focus on your core operations while providing a seamless onboarding experience to new employees.

 

Tax and Legal Compliance

When you’re operating in a different jurisdiction, it’s always good to stay compliant with local tax laws. This will help you avoid penalties and legal issues. Because Remote has EOR in many countries around the world, they stay up-to-date with local labor laws, tax regulations, and employment policies. By entrusting these responsibilities to them, you can ensure compliance with statutory obligations, accurate tax withholding, and proper handling of employee benefits, minimizing the risk of legal complications.

 

Employment Contracts and Documentation 

Employment contracts are some of the most important aspects of working with people. Properly drafted employment contracts and other documentation protect the rights and interests of both employers and employees. With an EOR provided by Remote, they will prepare and maintain these documents, ensuring they comply with local labor laws and reflect the agreed-upon terms. Having legally sound and well-documented employment arrangements reduces the risk of disputes and provides clarity in the employment relationship between you and your employees.

 

HR Administration 

Humans are complex and working with them, whether in the same location or spread around the world, comes with its own set of problems, especially for HR teams. That is why HR administrative tasks can be time-consuming and require specialized expertise. This is something that Remote can handle on behalf of your company.  Administrative responsibilities such as employee record-keeping, time off management, and employee inquiries would all be handled for you. This is an excellent way to streamline your operations, maintain accurate records, and provide employees with a dedicated point of contact for HR-related matters.

 

Benefits Administration 

Offering competitive employee benefits is crucial for attracting and retaining top talent.Remote’s EOR manages employee benefits programs, ensuring accurate enrollment, eligibility, and compliance with regulatory requirements.

 

Why You Should Use Remote’s EOR Services as a Business?

Let’s dive in and explore the many reasons businesses like yours are turning to Remote for EOR services.

 

 

Seamlessly Expand Your Global Footprint 

Remote’s EOR is particularly useful for companies that want to expand their operations into new markets or countries, but don’t want to set up a legal entity in each location. By partnering with Remote, your team can hire employees in different locations without having to worry about the legal and administrative requirements of setting up a new entity in each location.

 

Save Time and Money 

Another major benefit of using Remote’s EOR is that it can save your company time and money. When you outsource these responsibilities to Remote, your company can focus on the core business functions. 

 

Ready to expand your business globally and hire talent in new markets hassle-free? Partner with Remote’s EOR services today and unlock your true global potential.

 

USE REMOTE’S EOR NOW