What is an Employer of Record (EOR)?
A worldwide employment services provider that can assist you in hiring workers legally in other nations is known as an Employer of Record (EOR). You can concentrate on your team because your Employer of Record (EOR) takes care of the payroll, benefits, taxes, stock options, and local compliance.
Businesses rely on employers of record to assist them in hiring personnel internationally. Without having to establish a local entity, which may be costly and take months or longer to complete, a business can expand operations into another country with an Employer of Record (EOR). Working with an Employer of Record (EOR) enables companies of all sizes to hire and pay employees abroad swiftly and affordably.
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How will your business benefit from Employer of Record, EOR ( If you are a Malaysian or foreign company) in Malaysia?
There has never been a time when the world is more connected. Geographical limits are no longer an issue when it comes to corporate growth, and global expansion is now possible from any location. As a result, companies are searching for the best strategies to grow as rapidly and easily as possible.
So how does one start? Employer of Record (EOR) services can help with that. An EOR is knowledgeable about compliance with tax laws, immigration laws, and employment laws. Their main objective is to make the process of an organization's global expansion simpler. EORs are becoming more and more popular because of how convenient and cost-effective they are.
Business expansion to Malaysia without a local entity setup
Business consultation & support
Adhere to Malaysia's employment regulations & compliance
Hassel-free employee onboarding
Lower risk & maintenance
On-site HR team
What does an Employer of Record (EOR) do?
A global employer of record has already undertaken the frequently expensive and laborious task of establishing entities all over the world, ensuring that all banking, insurance, tax, human resources, and facility requirements are satisfied, and it has the local infrastructure required to hire and compensate local employees.
Employer of Record (EOR) services give businesses wishing to enter new international markets, the ability to employ abroad without having an entity and the local knowledge necessary to do so legally because they can hire employees in their entity nations.
When you utilise an EOR, you depend on the provider to make employment decisions on your behalf and to assume legal liability for abiding by all applicable local payroll and employment regulations.
You, as the client company, are in charge of managing the employees' day-to-day work, including performance reviews and termination decisions, while the EOR manages the HR and payment for the in-country personnel. In essence, you get to reap the rewards of local employees' contributions without putting your company at risk.
PAYROLL FUNDING, PROCESSING
EXPERTISE ON EMPLOYMENT
LAWS IN EACH GEOGRAPHY
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Why Choose Our Employer of Record (EOR) Services?
Stay current with new payroll, taxes and benefits laws.
We handle and manage your remote employees payroll timely.
HR EXPERTS IN mALAYSIA
We have the top payroll, legal, compliance experts in Malaysia.
Onboard new hires quickly without harming the employees experience.