EMPLOYER OF RECORD : SIMPLIFY YOUR ABILITY TO EXPAND GLOBALLY
For most businesses and organizations , global expansion is a long-term goal , but the path towards success is fraught with risks , costs and delays . To open a new operation in China , it can take as long as 18 months , while in Brazil it can cost as much as US $ 35,000 to open an entity .
Going global is a challenge , yet the complexity and difficulties have not prevented startups from scaling their operations internationally . They have powered their growth by identifying the hurdles that limit their expansion and deploying a solution . For many , this solution has been an Employer of Record ( EOR ), which removes the complexity from the entire experience by becoming a simple step in a business plan .
But what is an EOR service and how does it simplify global expansion ? In this guide , you will learn about an EOR service and how it can help your business reach its global potential .
An employer of record , also known as an EOR , is an organization that manages the legal , HR , tax and local compliance responsibilities of your employees in any country where you don ' t have an operation . �