It is absolutely possible for the remote business without the legal footprint in Pakistan to setup an employment vehicle and other commercial arrangements.
We offer EOR: An employer of record (EOR) is a global employment service that helps you employ people legally in other countries. Your EOR handles payroll, benefits, taxes, stock options, and local compliance, freeing you to focus on your remote team. Businesses rely on employers of record to help them hire employees in multiple countries. With an EOR, a company can expand operations into another country without having to set up a local entity, which can be expensive and take months or longer to accomplish. Working with an EOR allows businesses big and small to employ and pay workers in other countries quickly and affordably.
Focus on your business, not contractor administration Working with contractors means a lot of manual effort – approving and filing invoices, sending payments, and trying to keep on top of compliance. With Remote, you can manage contract workers with ease, and get back to work.
Benefits of an EOR:
By using an employer of record, recruiters and other businesses can free up time. Not having to deal with payroll and HR issues can potentially save hours. An EOR is a cost-effective way to outsource payroll and HR functions. The business pays the EOR a set rate for every hour the employee works, and the EOR handles all tasks. Employer of record services can be especially helpful when dealing with payroll processing and employment laws for employees in multiple states. The EOR stays updated on the state and local laws so you don’t have to worry about learning and complying with laws in multiple places.
What are employer of record (EOR) services?
Employer of record services allow companies without local legal entities to employ workers legally in other countries. These services mostly fall under the functions of human resources and legal teams, including payroll, benefits, taxes, stock options, and compliance. Other employer of record services may include advisory services for companies looking to expand their teams into new markets. For example, an EOR may offer advice on how to integrate remote workers or how to create a global compensation plan.Employer of record services typically do not involve “co-employment,” an arrangement in which two companies employ the same person simultaneously. In the country where the employee works, the EOR is the only employer on paper. In practice, however, the EOR does not have any involvement in the day-to-day life of the employee beyond HR functions like payroll and benefits administration.
What does an employer of record (EOR) do?
An employer of record employs workers in another country on your behalf. For example, if your company exists in the United States and you want to hire an employee in Pakistan, you may do so using an EOR. An employer of record can perform a number of HR and legal functions, including:
To employ in Pakistan, companies must own a local legal entity in the country or work with a global employment solution. Managing payroll, benefits, taxes, and compliance in Pakistan can get complicated, especially without established local relationships.
Our global employment solution makes it easy for your company to employ workers in Pakistan quickly, efficiently, and in full compliance with all applicable labor laws. We take on the responsibility and legal risks of international employment so you can focus on hiring great talent and growing your business.