More businesses are choosing to engage with overseas contractors and for great reason. Companies can target international contractors with specialized skills save onboarding time and money that would otherwise go toward hiring employees and test new foreign markets for global expansion.While engaging with international contractors allows for more flexibility it also requires knowledge of foreign …
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India is a top resource for U.K. companies looking to expand globally and source highly skilled English-speaking talent at a low-cost advantage. Before entering this market U.K. companies must exercise due diligence to ensure compliance. Navigating employment and tax regulations such as worker classification and permanent establishment laws exposes foreign companies to serious risks. This guide …
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A burden rate—also called payroll burden or labor burden—is the amount you pay your employees including their paycheck and any additional benefits you’re responsible for. These additional costs include insurance paid time off remote work stipends bonuses or any other expenses.Knowing your labor burden rate makes you a more informed business owner. Calculating your labor burden is crucial for …
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Foreign invested enterprises are businesses that are partially or wholly funded by foreign investors most commonly in Asia. When looking to invest in a foreign enterprise businesses need to consider and comply with the legal processes involved in doing so.Compliance and research are of the utmost importance. We’ve put together a guide to what a foreign invested enterprise is and when it could …
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Form 1096 — also called the Annual Summary and Transmittal of U.S. Information Returns — is a summary form that you’ll file to the IRS along with any tax form that reports non-employee compensation including the . With the many small business owners make use of independent contractors. And if you’ve paid one of these workers more than 600 in a calendar year and file your taxes by mail you’ll need …
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In today’s interconnected world hiring foreign workers is a viable growth strategy for any business whether scaling an existing global team or hiring international talent for the first time. However the old model of establishing legal entities to build international teams is costly time-consuming and inefficient. By partnering with a global expansion expert or hiring international contractors …
Type: Resource (Article)
Get to know Mac Kelly one of our Account Executives based in Bentonville Arkansas.Towards the end of 2020 after nearly a year of working from home throughout lockdowns and travel restrictions Mac and his wife Erica set off to travel the western United States.“Our lease was up on our place and we no longer had any reason to remain in Denver because we didn’t have to go into the office” Mac …
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Spain’s large talent pool features highly skilled professionals in various industries from information technology to renewable energy. Engaging Spanish talent can strengthen and diversify your workforce while creating lucrative opportunities in one of Europe’s largest economies. Still global companies that hire employees in Spain face unique compliance risks. Overlooking things like worker …
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The logistics of expanding a U.S. business into a new country are complex—including adhering to local laws and navigating a new culture. Learning how to pay international employees is yet another learning curve. This guide outlines ways to pay international employees while maintaining compliance with local employment and payroll laws. Once a company decides to expand overseas the next step is to …
Type: Resource (Article)
Flexible. Remote. Hybrid. Virtual. Over the last three years our vocabulary around work has expanded considerably and accelerated at an unprecedented rate. The pandemic was the precursor of the first—but likely not the last—major global paradigm shift in work culture as we became a perpetually online society. Now that we recruit on the web search for jobs online and even interview virtually we …
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