How to Expand Your Company with an EOR Partner
Expanding your company in Brazil may be a difficult and expensive journey. Firstly, you need to decipher the local employment laws. Secondly, you have to set up your entity in Brazil, which is costly. Lastly, you have to travel there frequently for administrative operations. Fortunately, we can make the transition process easy and cost-effective. With Wide Brazil as your local Employer of Record, you can hire the best candidates for your jobs without a single trip to Brazil.
What is an Employer of Record?
An Employer of Record (EOR) is the local partner of an overseas enterprise. It acts as a third-party relieving the foreign company of several formal employment requirements. Generally, the EOR is responsible for recruiting, hiring, and managing payroll needs for its overseas partner. More so, it makes sure that all their operations comply fully with the local laws. Other responsibilities include:
- Prepare your employees’ visas and work permits.
- Offer advice on local labor laws and practices.
- Inform the partner company of notice periods, contract terminations, and severance payments.
- Process, pay and organize various contractual benefits for the company’s workers.
This 100% safe and legal practice helps businesses expand in other countries without having to open subsidiaries or branches there. Additionally, EOR helps foreign investors operate in other territories without them having to understand the intricacies of local employment laws.
How Employer of Record Works
If you are looking to foray into the Brazilian market, you don’t have to travel there or open a local branch. Instead, you need to hire a local representative specialized in Brazil’s employment law as your Employer of Record partner. The local partner then operates as a third-party organization. More so, it is responsible for making every employment operation of the overseas partner compliant with the Brazilian laws. As a result, the overseas enterprise doesn’t have to go through the hassle of understanding and navigating the local bureaucracy.
Choose Wide Brazil as Your Employer of Record
Through EOR, you can take care of your business without overseeing the expansion to Brazil personally. More so, you expand your company risk-free and cost-effectively thanks to your local EOR representative. Here’s how you can expand your business with Wide Brazil as your EOR partner:
Contact Wide Brazil
Describe your compliant employment for your remote/international workers.
Hire Wide Brazil as your local EOR partner in Brazil.
Use the Wide Brazil employee recommendations to find the best workers for your team
