Employer of Record (EOR)
Hiring staff without the need of setting up a local entity
What is an Employer of Record (EOR)?
An Employer of Record (EOR) is a third-party organization that becomes the full legal employer of your workforce and assumes all employer-related responsibilities and tasks on behalf of your company.
How does it work?
An Employer of Record (EOR) officially hires employees in other countries on behalf of their client, process the employee payroll, while the client is in charge of the employee's actual work.
What are the key benefits for the client?
The key benefit is that the client does not need to set up a local entity just because of hiring the employee. EOR handles all the administrative burden of managing a foreign workforce.
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