- Overview: Canada
- Global PEO and Payroll
- Global HR Compliance
- Work Permit for Hiring Expats via Global EOR
- Expand without a company set up
- Contractor vs. employee: which is better?
Global PEO and Payroll in Canada
What Is a Global PEO?
A global PEO, or Global Professional Employer Organization, is a company that specializes in handling human resources for other businesses. A Global PEO can provide a wide range of services, such as payroll processing, benefits administration, tax reporting, workers’ compensation insurance, unemployment insurance claims management, employee screening, legal and regulatory compliance assistance, HR consulting, immigration services, and other financial services. Businesses that partner with a global PEO in Canada can outsource many of their HR needs and focus on running their core operations.
With a robust global PEO and payroll solutions provider, you can make global employment decisions quickly and confidently – without getting buried in immigration or labor compliance work. You can quickly and easily employ your pre-selected world-class talent from any country. Perhaps more importantly, with our Global PEO services, we minimize your permanent establishment, employee immigration, or misclassification risk – leaving you free to focus on running your business.
With a Global PEO, you don’t need to worry about the cost of maintaining a workforce, recruitment, securing visas or work permits for foreign hires, issuing documents, managing payroll and employee benefits, collecting payroll tax, and paying personal and corporate taxes.
Entering into a partnership with a global PEO who is committed to helping provide excellent employment opportunities. This partnership will enable you to dramatically expand your services and reach in any part of the world.
Global Payroll Management & Compliance in Canada
Managing employees in different countries can be a complex and challenging task. Employees may need to be registered and taxed differently in each country, and there may be other laws that need to be followed. This can make it very hard to keep track of everything and ensure everything is done correctly.
When it comes to payroll, there are many different regulations that you must follow to avoid penalties or litigation. Each country has its laws and regulations, but some standards apply internationally. You must know and adhere to tax deadlines, withholding and reporting laws, and regulations requiring employee tax slip signatures. If you fail to adhere to these payroll compliance rules, you could face severe penalties that could negatively impact your business.
Global payroll management is a complex process that requires careful consideration of various factors. Payroll specialists must consider Canada’s local regulations and taxation requirements, which can be time-consuming and difficult to navigate. However, by addressing some key challenges and partnering with a Global PEO, organizations can ensure compliant, accurate, and timely payments.
Global Payroll and Taxation in Canada
Acumen’s international PEO payroll service in Canada helps you take the hassle of sorting out the complexities of compensating your global employees in the country off your shoulders, saving you time, money, and headaches. We onboard local and ex-pat employees on your behalf in Canada and take care of all the HR details concerning payroll, taxes, benefits, and termination.
Pay a monthly invoice to cover all your global HR needs in Canada. Leave your or your clients’ selected staff employment hiring and payroll requirements in our hands so you can focus on growing your business.
Global Payroll Calculator: Accurate Global Employment Cost Estimation
When hiring employees and contractors across the globe, you may not choose the most cost-effective and business-friendly country.
- Do you know which country is the most cost-effective place to hire employees?
- What are the costs of entity establishment and legal representation?
- What are the payroll costs and management fees?
- What are your ongoing annual tax compliance costs?
- Are you fully aware of banking implications?
- Did you know that labor laws and hidden costs could make your company less efficient when choosing a country to run your business?
- Did you know that there could be a more cost-effective country to hire employees in and save up to 50%?
This is because countries have different labor laws, compliance, and tax regulations. What if, instead of limiting your company’s international expansion by cutting through the jungle of local regulatory compliance, tax, labor, and immigration requirements, you could have all the information of 190 countries at your fingertips?
Acumen International offers the Global Payroll Calculator to help businesses understand the compliance requirements for conducting business in a new country. Acumen’s research team tracks developments in 190 countries around the globe. It provides up-to-date data on local regulations related to tax, payroll regulations, benefits, hiring practices, compliance requirements, and other labor-related factors that impact an employer’s bottom line. This valuable information makes the Global Payroll Calculator an invaluable tool for businesses looking to expand internationally.
Global Payroll Calculator helps companies reduce labor costs by providing up-to-date information on hiring, compensation, and tax requirements. It is also an ideal tool for quickly locating employees in any country.
Disclaimer: Acumen International is not an International Payroll service provider and does not provide international global payroll as a standalone solution apart from that within our complex global PEO and Payroll solution in Canada or other countries we cover.
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What Services Does a Global PEO (Professional Employment Organization) Provide in Canada?
- Global Payroll management;
- Compliance with local tax rules & tax. reporting in Canada
- Handling compliant employment contracts:
- Background, education, and other checks;
- Onboarding and termination processes, as well as employee compensation;
- Arranging visas and work permits for employees;
- Ensuring the working process is organized under local labor laws;
- Processing workers’ medical insurance and other benefits (day-offs, bonuses, and more);
- Global employment process maps, matter maps, employment guides, and other documentation.
Acumen International – Your Professional Employer Organization in Сanada
Navigating the Сanadian legal system and adhering to regulations governing employment and taxation can be challenging for businesses, especially if you are not a native Сanadian speaker. Partnering with Acumen International as a global Professional Employer Organization (PEO) provides you with the local knowledge and support you need to conduct business in Сanada without concern for legal and compliance risks.
Whether you represent international client companies or take your business operations abroad, Acumen International’s Global PEO and payroll service allow you to hire and payroll local and ex-pat employees in Сanada. With Acumen in your corner, you can quickly and easily onboard and compensate your employees without the risk of legal repercussions.
Acumen International Helps Eliminate Employment Risks in Canada
- Local Incorporation complexities
- Permanent establishment risk
- Worker misclassification
- Under-taxation risk
- HR & immigration compliance risk
- Intellectual property right risk.
Global Payroll and Taxation in Сanada
Tax resident employees
Individuals resident in Canada are subject to Canadian income tax on worldwide income. Relief from double taxation is provided through Canada’s international tax treaties and via foreign tax credits and deductions for foreign taxes paid on income derived from non-Canadian sources.
Non-tax resident employees
Non-resident individuals are subject to Canadian income tax on income from employment in Canada, income from carrying on a business in Canada, and capital gains from the disposition of taxable Canadian property.
Individuals resident in Canada for only part of a year are taxable in Canada on worldwide income only for the period during which they were resident.
Personal tax credits, miscellaneous tax credits, and the dividend tax credit are subtracted from tax to determine the federal tax liability.
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How Acumen’s International PEO and Payroll Service can Benefit Your Business in Сanada
Compensating your local and ex-pat workforce in Сanada and closely adhering to Сanadian taxation requirements can divert your attention and resources from activities that help your business grow. A reliable global employment solution like Acumen’s Global PEO and Payroll service can take a substantial burden off your shoulders so you can focus on running your company.
Outsourcing the administrative and compliance tasks involved in employee payroll is one approach, but we have a better solution. Acumen International offers a global PEO and payroll solution that goes beyond outsourcing. We hire and compensate your global workforce on your behalf and take care of all the payroll details while ensuring full compliance with Сanadian labor and taxation laws.
It is important to note that Acumen does not provide international global payroll services as a standalone solution but only as a part of our global PEO and Payroll solution.
Our comprehensive global PEO and payroll services are just some benefits of partnering with Acumen International. We make it easy for you to achieve your business goals in Сanada by officially employing and compensating your best-selected global talent – both locals and foreign – without concerns for legal and compliance risks faced by global employers.
Disclaimer: Any of the above information is subject to changes imposed by Сanadian laws. To get the latest updates on taxation in Сanada and in 190 countries worldwide, contact Acumen’s team of global employment experts.