EGS WHITEPAPER – EOR SERVICE PROVIDERS: Speeding The Time To Global Markets
Are you a business with plans to expand into a new foreign market? The time and cost to set-up and manage a company in a new country can be cost prohibitive, require interfacing with various vendors and transition your focus from your core business operations.
ELEMENTS CAN HELP, GET THE WHITEPAPER!
EMPLOYER OF RECORD SERVICE PROVIDERS:
SPEEDING THE TIME TO GLOBAL MARKETS
OF FOREIGN OPERATIONS
Governmental agencies can delay processes, taking many months, causing complications and requiring significant personnel and financial resources.
Many countries require the signing of employment contracts, with a written statement of the terms and conditions of employment.
Cultural differences may impact the conduct of business in the new country, and companies must be aware of various local language, cultural, and legal requirements in each country.
Foreign subsidiaries are required to identify local directors to complete the in-country application, requiring trusted representatives in the new market.
ELEMENTS CAN SUPPORT YOUR INTERNATIONAL EXPANSION
Working with Elements Global Services means you have one partner who can help your business save time and up to 94% in cost. EGS will streamline your operations, acting as the EOR, assuming responsibility for risk management, human resources management, benefits administration, payroll, and tax and labor law compliance.