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Employ Candidates Compliantly in Honduras

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  1. Overview: Honduras
  2. Work permit for hiring expats via PEO
  3. Global PEO and payroll
  4. Global HR Compliance
  5. Expand without a company set up
  6. Contractor vs. employee: which is better?
  7. Global Payroll Calculator
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Global Employer of Record in Honduras

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.

Global Employment Solutions

Compliance and legal guidance at every step of the Global Employment Journey. 24/7 local support.

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-specialized 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

Employing globally is no longer a maze of local setups and legal hurdles. With Express Global Employment, you can build a global team seamlessly. Benefit from our comprehensive, compliant, and efficient global employment solutions that eliminate the complexity of international hiring. From contract generation to seamless integration, we ensure that your expansion is as limitless as your ambition.

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.

Borderless Expansion, No Entity Needed

Launch your workforce in 190 countries without the burden of establishing local entities. Our all-in-one global employment solution allows quick, compliant onboarding and talent management. You can immediately scale up your operations and seize international opportunities with Express Global Employment as your guide.

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.

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 and update 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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Benefits of Partnering with a Global EOR in Honduras

The Global Employer of Record (EOR) is a transformative service for companies seeking to hire globally without the complexities of establishing legal entities in each country. It offers a streamlined approach to international expansion by handling the intricate legal and administrative aspects of employing staff overseas. The key benefits include:

  • Rapid Global Hiring: Quickly employ pre-selected workers worldwide, avoiding the costs and risks associated with setting up local entities.
  • Local Law Compliance: Navigate the intricacies of local labour laws confidently, backed by the EOR’s extensive HR support and compliance expertise.
  • Simplified Administration: The Global EOR takes on critical responsibilities like payroll, taxation, and employment legality, enabling businesses to concentrate on their main goals.
  • Unified Management Platform: Unlike single-country EORs, the Global EOR allows for cohesive staff management across multiple countries.
  • Reduced Risk and Cost: Leverage the EOR’s knowledge of local employment practices to minimize legal risks and operational costs, particularly beneficial for companies exploring new markets or needing dynamic workforce strategies.
  • Strategic Expansion Partner: The Global EOR acts as a single point of contact for all foreign employment requirements, from labour law adherence to benefits administration, ensuring efficient and compliant operations in the global marketplace.

Spotlight on Honduras

  • Location: Central America, bordered by Guatemala, Nicaragua, El Salvador, and the Caribbean Sea.
  • Capital: Tegucigalpa
  • Population: 10,084,576 (2023 estimate)
  • Currency: Honduran lempira (HNL)
  • Holidays – Honduras has 9 major public holidays: New Year, America’s Day, Holy Week (In especially Holy Thursday, Good Friday and Holy Saturday), Labor Day, Independence Day, Francisco Morazán’s Day/Soldier’s Day, Columbus Day, Army Day, Christmas.
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