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Employ Candidates Compliantly in Puerto Rico

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  1. Overview: Puerto Rico
  2. Global HR Compliance
  3. Global PEO and payroll
  4. Expand without a company set up
  5. Contractor vs. employee: which is better?
  6. Global Payroll Calculator
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Global Employer of Record in Puerto Rico

What Is a Global Employer of Record?

A Global Employer of Record (Global EOR) is a third-party organisation that shoulders the legal and administrative responsibilities of hiring, employing, and managing staff on behalf of a client company. Unlike a standard Employer of Record, a Global EOR can operate across multiple countries, offering a unified solution for managing international employees.

This international talent engagement model is especially advantageous for companies expanding into new markets. Typically, such expansion would require establishing a local legal entity, a time-consuming process laden with bureaucratic hurdles. Global EOR circumvents this necessity. It allows companies to deploy staff in multiple jurisdictions without navigating the complexities of local employment laws, tax structures, and compliance norms. This streamlined approach eliminates the daunting upfront investment and operational costs of establishing a foreign subsidiary or business unit.

The flexibility of a Global EOR model makes it ideal for market testing and agile operations. Companies can quickly enter and exit markets, scaling their workforce up or down based on real-time needs and market conditions. Not only does this minimise risk, but it also preserves the company’s existing tax structure and corporate governance framework. The result is a more efficient, compliant, and strategic approach to international business expansion.

Express Global Employment Services in Puerto Rico

While one of the advantages of using a Global Employer of Record is that you don’t need to have local expertise, the reality is even more beneficial: you gain the local expertise of your Global EOR partner. With their extensive knowledge of local employment laws, tax regulations, and cultural nuances across multiple jurisdictions, a Global EOR serves as a pool of local employment expertise you can tap into. 

Instead of having to learn the intricacies of each country’s legal and cultural landscape, you have instant access to this information, all from a single, centralised source. This streamlines operations and enhances the quality of your global employment strategies.

1. Recruitment

2. Global Mobility

3. Checks

4. Onboarding

5. Payroll Administration

6. Working Time & PTO Processing

7. Benefits Administration

8. Tax Administration & Reporting

Offboarding

Talent skilled in highly specialised areas Employee Work Visa and Work Permit sponsorship Health checks Employment Agreement drafting In-country registration with statutory bodies Working hours Mandatory Benefits Tax Reporting frequency and requirements; Employment agreement termination:
Executive search Dependent Visa Criminal record checks Compliant worker onboarding on your behalf Day-to-day payroll management Overtime Health insurance Employer taxes & contributions Dismissal – by the employer
Contingency workforce Visa extension Background checks Account setup in the payroll and HR system​ Monthly pay slips or other pay frequency Public holidays Workers’ compensation Employee taxes & contributions Resignation – by the employee
Application for a sponsor license for a foreign national Education checks Employee data entry and records maintenance Accruals Annual leave Unemployment insurance Withholding tax Termination by mutual agreement
Relocation assistance Managing probation periods Allowances Parental leave Voluntary Benefits Local tax payments and reporting to local authorities Notice period handling
13th and 14th salary Sick leave Share plans for executives End of financial year reporting Final settlement & severance payments
Additional leave Bonuses & Equipment provision De-registration with statutory bodies
Expenses reimbursement & business trip processing
Health insurance, dental treatment

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All-In-One Global Employment Solution

Express Global Employment provides comprehensive services for building a global team, handling all aspects from hiring to compliance. Here’s what a Global Employer of Record can do:

  • Global Mobility Support: Simplifies onboarding and immigration, enabling quick onboarding and engagement of international talent.
  • Effortless Onboarding: Streamlines global employee onboarding to enhance productivity and speed up results.
  • Global Payroll & Benefits Management: Manages international payroll and benefits, ensuring compliance and competitive compensation.
  • Borderless Expansion Without Local Entities: Facilitates workforce expansion in 190 countries, removing the need for local business entities.
  • Hire Internationally, Operate Everywhere: Offers support for scaling operations and seizing international opportunities swiftly.
  • Risk-Free Market Navigation: Provides expert guidance for secure expansion, managing permanent establishment, employee misclassification risks and compliance challenges in new markets.

Global Payroll Calculator Helps You Streamline Global HR Operations

By creating the Global Payroll Calculator, we’ve done the global payroll and tax math and compliance for you.

  1. Eliminate the time-consuming and costly process of doing your manual calculations.
  2. Gain instant access to up-to-date salary cost breakdowns based on local tax laws and regulations, which are updated in real-time with the latest employment and tax legislation changes across 190 countries.
  3. Stay compliant on all international payroll matters, including local taxes, labour rules, and benefits.
  4. Minimized the risk and global cost-of-hire.

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Advantages of Using a Global EOR for Your Global Employment Journey

Navigating the complex landscape of international business poses numerous challenges, from understanding varying employment laws and tax structures to cultural differences and market dynamics. These complexities can often be overwhelming, especially for organisations that need more resources or expertise to manage operations across different jurisdictions. This is where the value of partnering with a Global Employer of Record (EOR) becomes exceptionally clear.

A Global EOR simplifies these complexities and offers strategic advantages to accelerate global expansion plans. By acting as a centralised hub for employment compliance, payroll and tax administration, and local market understanding, a Global EOR enables you to focus on core business functions. At the same time, it handles the nuances of international employment.

Below are some of the key benefits:

Global Mobility Support

Our global mobility support is about turning complexity into simplicity. We expedite onboarding and immigration procedures, ensuring your global talent is ready to engage and deliver results swiftly. By eliminating red tape and administrative burdens, your team can focus on what they do best, propelling your business forward in every corner of the globe.

Global Payroll & Benefits, Handled

Financial well-being is critical to employee satisfaction. That’s why we navigate the intricacies of international payroll and benefits with expertise. Our solutions offer your workforce a competitive and fully compliant financial package, wherever they may be. With Express Global Employment, you can assure your team that their compensation is globally competitive wherever they are.

Low-Risk, Low-Cost Entry into New Markets

Expanding your business across international borders often comes with significant risks and expenses. A Global EOR mitigates these factors by providing a low-risk, cost-effective solution. You no longer have to invest heavily in establishing a local entity, saving time and money. This reduced financial outlay makes international expansion accessible, even for SMEs and start-ups.

No Need for Local Resources or Entity Establishment

Global expansion typically involves setting up local offices, hiring local staff, and navigating local employment laws—time-consuming and costly tasks. A Global EOR eliminates these burdens by serving as your local entity, managing employment compliance, payroll, and benefits, all while you maintain operational control over your workforce.

Test the Market Before Making a Major Commitment

Market validation is crucial before committing significant resources to an international venture. With a GEOR, you can engage talent and conduct business activities in a new market without making a long-term commitment. This “try before you buy” approach allows you to evaluate the market’s viability and potential return on investment more accurately.

New Markets. Zero Risks.

Expanding your business’s horizons should not multiply its risks. Protect your global ventures from compliance pitfalls with our expert guidance. We manage the complexities of employee classification and permanent establishment risks, ensuring that your expansion is secure and strategically sound. With us, new markets mean new opportunities, not new worries.

Local Expertise in Multiple Countries from a Single Global EOR Partner

While one of the advantages of using a Global Employer of Record is that you don’t need to have local expertise, the reality is even more beneficial: you gain the local expertise of your Global EOR partner. With their extensive knowledge of local employment laws, tax regulations, and cultural nuances across multiple jurisdictions, a Global EOR serves as a pool of local employment expertise you can tap into. 

Instead of having to learn the intricacies of each country’s legal and cultural landscape, you have instant access to this information, all from a single, centralised source. This streamlines operations and enhances the quality of your global employment strategies.

How a Global Employer of Record Can Replace Multiple Vendors in Puerto Rico

Partnering with a Global EOR can replace the need for multiple vendors, as they provide a wide range of services necessary for operating a business in Puerto Rico. A Global EOR can handle payroll processing, tax withholding, and reporting in compliance with regulations, eliminating the need for a separate payroll company in Puerto Rico. They can also offer comprehensive employee benefits packages, provide HR expertise and support, perform background checks and screening, assist with registering and protecting intellectual property rights, provide tax advice, translation services, legal expertise and support, and immigration support.

Partnering with a Global EOR benefits companies looking to streamline operations and ensure local laws and regulations compliance. It can also be a cost-effective solution for small to medium-sized businesses that may need more resources to hire multiple vendors for each service.

How a Global EOR Can Help in Puerto Rico

  • Payroll Company Handle payroll processing, tax withholding, and reporting in compliance with tax and labour regulations in Puerto Rico.
  • Employee Benefits Broker Offer comprehensive employee benefits packages that comply with local laws and regulations.
  • HR Consultancy Provide HR expertise and support, including recruiting, onboarding, and performance management.
  • Background Checks Vendor Perform background checks and screening to ensure compliance with local regulations.
  • IP Attorney Assist with registering and protecting intellectual property rights in Puerto Rico.
  • Tax Advisor Provide tax advice and ensure compliance with local tax laws.
  • Translation Service Provide translation services to help bridge language barriers.
  • Legal Advisor Provide legal expertise and support, including contract review and compliance.
  • Immigration Advisor Provide support with work permits and visas for international employees.

Spotlight on Puerto Rico

  • Location – Puerto Rico is an unincorporated territory of the United States located in the northeast Caribbean Sea.
  • Capital – San Juan.
  • Population – Puerto Rico has a population of about 3,411 million and an area of 9,104 sq. km.
  • Labour force – The labour force participation rate in Puerto Rico in the fourth quarter of 2017 was 41.62 per cent.
  • Currency – The national currency of Puerto Rico is the United States dollar.
  • Holidays – Puerto Rico has 20 national holidays each year, but only eight of them are paid holidays for the general public.

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