Expand Globally Today. Literally.
International PEO (Professional Employer Organization) is a method of hiring employees in other countries with a light footprint without having to establish or maintain a foreign corporate entity.
Time is of the essence
Seize the opportunity to expand overseas today instead of waiting months to set up a subsidiary. International PEO cuts the time it takes to enter a foreign market by 90%.
Entity establishment is an expensive process. Aside from setup and maintenance costs, the opportunity costs are real if you can’t enter the market fast enough or hire the right person when they become available. International PEO can be up to 60% cheaper when compared to creating a subsidiary.
Nature of In-Country Business
Understand whether you even need to establish an entity in the country. Each situation is unique and sometimes a permanent establishment is not the best solution.
“Contractors” or Employees?
Just because you call them a “contractor” doesn’t mean they are. The penalties for getting it wrong range from very expensive to not allowing you to do business in that country any longer, plus employees are more loyal.
No Long Term Commitments
Period. Flexibility is a cornerstone of International PEO. If you want to test market viability or have a short to mid-term project in a country, there is no better option.
Talk with one of our consultants to see how International PEO can help you achieve your global expansion goals:
Next Steps with International PEO
With a few simple questions, we’ll determine total cost, start date, and logistics for on-boarding your employee in country
You sign a contract directly with Velocity Global, and will then receive a monthly invoice for all payroll burden and fees in USD
We draft a locally compliant employment contract while your employees continue to operate under your direction
Leave the monthly payroll processing up to us, so you can focus on your employee’s success in country
How we hire your employees
We guide you through country specific regulations like monthly withholdings, taxes, social insurances, and employment regulations
We provide you with an accurate estimate of monthly payroll costs
We draft a locally-compliant employment contract for you to review and customize
We send the client-approved employment contract to the employee for final negotiations
We hold a joint kick off call between Velocity Global, you and your employee
On-board employee on day 1 of employment
Monthly on time and accurate administration of payroll, expenses, commissions, allowances and local benefits
Shepherd you through terminations, whether voluntary or involuntary
Speed to satisfaction
We take the time to understand our clients and assess their needs, as well as the needs of the employees we support
You receive an easy to read, fully transparent monthly invoice from Velocity Global for all payroll and fees globally in US dollars
You are guaranteed incredibly fast turnaround, often within 24 hours or less – regardless of time zone differences
You and your employee have our support through the duration of the project, maintaining our commitment to spectacular service and responsiveness
You can focus on your employee’s success in the country while leaving the employment and payroll particulars up to us
You aren’t required to sign long-term service contracts so that you can stay flexible as business demands change
Worried about contractor misclassification?
While this list should not be considered exhaustive or complete, generally speaking, employees differ from contractors in the following ways:
A contractor is rarely paid variable comp – Example: commissions or bonuses
A contractor does not have business cards in the company name
A contractor is free to work for other people/companies – and often must prove to governing bodies that they are not employees
A contractor does not use company provided equipment or receive home office reimbursement