- Global HR Compliance
- Global PEO and payroll
- Work permit for hiring expats via PEO
- Expand without a company set up
- Contractor vs. employee: which is better?
Global Employer of Record in Monaco
Global employment services
Willing to hire international workforce in Monaco? We are here to help you.
Send us your project details here, and we will be happy to employ your international workforce on your behalf in Monaco in a fast and cost-effective way.
Spotlight on Monaco:
- Location – Monaco is a sovereign city-state, country and microstate on the French Riviera in Western Europe.
- Capital – Monaco’s capital city is Monaco (city-state).
- Population – Monaco has a population of about 38,400 thousand and an area of 2.02 sq. km.
- Labor force – The labor force participation rate in Monaco in the fourth quarter of 2016 is 48.3 percent.
- Currency – The national currency of Monaco is Euro.
- Holidays – Monaco has 12 major public holidays: New Year’s Day, Saint Dévote’s Day, Easter Monday, Labour Day, Ascension Day, Whit Monday, Corpus Christi, Assumption Day, All Saints’ Day, National Day, Immaculate Conception, Christmas Day.
More and more global companies are seeing the value of hiring international employees in Monaco to have a presence on this market. With local legislative peculiarities, the challenge is to engage global workforce in a risk-free and cost-effective manner.
With this in mind, Acumen International has designed a global employment, aka International Employer of Record (EOR) payroll solution to help global companies, just like yours, expand their international reach or engage the brightest global talent with their projects. If you are seeking to reinforce your internal team with the expertise of a global talent based in Monaco, if you have already selected a candidate and want him to work for you remotely from Monaco in a legally compliant way, our global employment solution is the way for you to go.
Like every other country, Monaco has its own employment nuances, which must be fully observed to ensure 100% compliance. Trust us to handle the global employment and HR side of your workforce management in Monaco so you are sure that none of these nuances are missed and that your employees are employed and payrolled properly and compliantly.
Employer of Record solution in Monaco
Global Employer of Record is an integrated solution that is designated to help you rise to the daunting challenges of hiring and managing your remote employees in Monaco, which includes:
- familiarizing with the country’s employment legislation
- onboarding of employees
- payrolling employees on a monthly basis in local currency/ies
- and arranging for visa and work permit if you need to employ expatriate personnel in Monaco
Via a Global Employer of Record solution, Acumen International can employ the selected candidate or candidates on your behalf in Monaco in a record time. We become your trusted partner and guide you through local labor laws thus eliminating any employment risks for you and freeing you from the necessity to go into all legislative specificities or set everything up by yourselves. Also, we will resolve all local labor issues for you, which would give you freedom to focus on your main business objectives.
As part of the benefits of using our international Employer of Record and payroll outsourcing solution in Monaco is that we can organize work permits and business visas in Monaco required for expatriates’ immigration.