Author: Alan
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How Globalization Has Changed Our Lives: Benefits and Challenges
The world as we know it was born only 3 decades ago. Not even the boldest minds in “futurology” would have imagined the speed, reach and breakthroughs that technology has created since computers became 70% of our life. In addition, never in the story of humanity has globalization impacted almost every person on the planet. […]
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What Is a PEO? Professional Employer Organizations Explained
What does PEO Stand For? A PEO is a professional employer organization. This organization provides comprehensive human resources services for small and mid-size businesses. They pay employee wages, handle tax issues, and assist with regulatory compliance. More businesses are turning to PEOs or GlobalPEO as a cost-effective way to outsource their HR duties. Types of […]
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The 4 Best Germany PEOs & Employers of Record (EOR)
Doing Business with a Germany PEO & Employer of Record The Federal Republic of Germany, with a population of 83 million (International Monetary Fund, 2019), remains to be an economic powerhouse and is one of the most attractive countries for foreign investment on the European continent. Europe’s largest economy continues to offer an excellent infrastructure, […]
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The 3 Best France PEOs & Employers of Record (EOR)
Doing business with a France PEO / Employer of Record For any company hoping to test the market in France, there are some fantastic benefits. Location, a highly diversified economy, and a solid position in the world economic rankings (Ranking at 10th by GDP) set it apart. Strong growth in sectors such as the chemical […]
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The 3 Best Hong Kong PEOs & Employers of Record (EOR)
Doing business with a Hong Kong PEO / Employer of Record Hong Kong is widely regarded as the financial capital of Asia, and there is no wonder with its low rates of taxation and its highly educated workforce. With around 7.5 million people, Hong Kong has a thriving economy and encouraging growth in a number […]
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How The China’s Belt and Road Initiative (BRI) Will Change Global Trade
How China’s trillion-dollar plan will dominate and change global trade The Belt and Road Initiative (BRI) is said to be the largest global infrastructure and investment project in modern economic history. Recreating the ancient Silk Road, a network of trade routes that used to connect the East and West, has become a top priority for […]
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The 3 Best Japan PEOs & Employers of Record (EOR)
Doing business with a Japan PEO & Employer of Record Japan has long stood out as a leading player in international business, known not only for its highly sophisticated technology, automotive, and financial industries but increasingly for software, agriculture, and pharmaceutical. With 126.8 million people and an elite education system, Japan stands to offer exceptional […]
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Interview with Eyal Victor Mamou Founder & CEO of KOISRA UP Korea
Eyal, thank you for joining us! Can you explain briefly what KOISRA UP does, and what your role entails? We launched KOISRA UP (www.koisraup.com) about one year ago to answer a growing demand by foreign companies to set up local operation in South Korea. We first learn about that demand from our client under KOISRA Consulting […]
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The 3 Best Myanmar PEOs & Employers of Record (EOR)
Doing business with a Myanmar PEO/EOR Also still known as Burma, Myanmar is an emerging economy, with strong potential for new businesses. The recent policy reforms that have embraced anti-corruption laws, currency exchange rate regulation, and foreign investment laws and taxation rates have been highly desirable for foreign companies, who increased their investments by more […]
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The 4 Best China PEO’s & Employers of Record (EOR)
Doing business in China with a China PEO & Employer of Record The People’s Republic of China, with a population of 1.417 billion (Worldometers, 2019), is proving to be one of the most attractive countries for foreign investment. This should come as no surprise given its rapid rise as a world-leading economy in recent years […]
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Global Marketplace Strategies: Embracing Three that Work
Covering the global marketplace is the ultimate goal for most businesses. While going global may seem to be an unattainable challenge at first, it is merely a case of understanding how to adapt. The international market is an umbrella term that covers all consumers all over the world. Therefore, it is a way of establishing […]
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What to Look For in a Global PEO Provider
From Cost to Speed to Customer Service, Take a Look At The Most Important Features to Look For in Your Next Global PEO Provider Professional Employer Organizations (PEOs) provide immense value to companies that are expanding their business operations overseas. Specifically, Global PEOs are designed to best serve companies that are looking to find an […]
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The 3 Best Malaysia PEOs & Employers of Record (EOR)
Doing business with a Malaysia PEO/EOR As companies discover the advantages of setting up a business presence in Malaysia, they often discover that it can provide challenges. Their newly industrialized market economy is bolstered by one of the best economic records in Asia, and all indicators show that they are poised for continuing, rapid expansion. […]
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What is an Employer of Record (EOR)
Employer of Record Meaning An Employer of Record is a company or organization that is legally responsible for paying employees, including dealing with employee taxes, benefits, insurance, visa application, and sponsorship applications and a great many other transactions and operations concerning human resources. Companies often hire EORs to decrease all the complications and vicissitudes related […]
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The 3 Best New Zealand PEOs & Employers of Record (EOR)
Expanding your business with a New Zealand PEO / EOR New Zealand’s strong economy is one of the world’s most globalized. Their small size and long distances from other areas of the world necessitate strong export and shipping sectors. As Australia is their closest geographic neighbor, they are New Zealand’s strongest trade partner. However, China, […]
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Hiring in China and How to Find the Best China Recruitment Agency
While China may have been known for its manufacturing and raw materials industries for decades, the contemporary reputation of China is one of the expansive and diverse entrepreneurial opportunities. Both startup businesses and long-established ones are finding that China presents to them exciting potential in a number of high growth industries, including education, pharmaceuticals, automotive, […]
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How to Open a Bank Account in China
New and existing companies looking to expand into China know how important it is to secure the necessary business facilities to operate. After setting up the appropriate entity (the most common being a Wholly Foreign-Owned Enterprise (WFOE)), perhaps the most critical of those facilities is a business bank account. To open a bank account in […]
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Interview with Nadia Ponomareva, Managing Director of Sky Executive: China’s Leading Recruitment Agency
Thank you for joining us, Nadia! Can you explain briefly what Sky Executive does, and what your role entails? Sky Executive is an executive search company, with headquarters in Shanghai. We cover Mainland China and other countries in the APAC region. Sky Executive is operating at an exciting time for businesses in Asia, particularly China. […]
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The 3 Best Bangladesh PEO & Employers of Record (EOR)
Doing business with a Bangladesh PEO / Employer of Record As one of the world’s fastest-growing economies, Bangladesh incites a great deal of interest from foreign businesses. The country’s focus on export-oriented industrialization has resulted in a steady GDP growth curve and steadily rising per capita income. Industries such as telecommunications, natural gas production, and […]
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The 3 Best Switzerland PEOs & Employers of Record (EOR)
Expanding your business with a Switzerland PEO/Employer of Record Switzerland, with its #1 IMD World Talent ranking and an economy that matches, is popular for new overseas businesses. It’s difficult to match the depth of Swiss offerings in employee talent, access to the rest of Europe, and the overall quality of life. Their industrial sector […]
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Why, When, and How to Outsource Recruitment When Expanding Globally
Taking a company global requires so much more than a good idea and a great strategy to realize it. The truth is that so much more depends on the caliber of the people working towards that mission than most would think. With recruitment being such a critical aspect of successful global expansion, it is not […]
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How to Set Up a WFOE (WOFE) in China
Foreign businesses looking to establish a presence in China for the first time have several different options when it comes to deciding on an appropriate legal entity. Of the four options available, the Wholly Foreign-Owned Enterprise (WFOE, but sometimes written incorrectly as WOFE) is the most common, with around 83% of businesses choosing to use […]
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5 Strategies for Successful International Market Expansion
One of the key components of achieving business success is consistent focus on market expansion. In this era of high competition, it is important to come up with the right strategies and goals for expanding your business beyond its current borders if you want to achieve sustainable long term growth of a global scale. However, […]
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The 3 Best Australia PEOs & Employers of Records (EOR)
Doing business with an Australia PEO & Employer of Record A highly developed market economy and strategic location continue to make Australia a leading player in the world’s trade sectors. GDP has remained steady for years. As a member of the Asia-Pacific Economic Cooperation, (APEC), G20, Organization for Economic Co-operation and Development (OECD), and the […]
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The 3 Best Netherlands PEOs & Employers of Record (EOR)
Doing business with a Netherlands PEO/EOR Companies in the Netherlands often participate in a company CBA (collective bargaining agreement) that is specific to their industry. It is important to partner with a Professional Employer Organization that has a registered in-country entity that can manage the nuances of the collective bargaining agreement. Why Use a Netherlands PEO? […]
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The 3 Best Spain PEOs & Employers of Record (EOR)
Doing business with a Spain PEO & Employer of Record Spain’s strong culture and worker protection laws are common reasons for seeking out a Professional Employer Organization (PEO). After the economic crisis of 2008, Spain has shown steady recovery and GDP growth. Currently, they’re ranked highly in infrastructure, continue to lead the EU in worldwide […]
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Interview with Franklin D Frith II, CEO of Human Resources Mexico
Franklin, thank you for joining us! Can you explain briefly what Human Resources Mexico does, and what your role entails? Human Resources Mexico S de RL provides foreign companies with the means of hiring employees in Mexico without a legal entity in Mexico. We manage all payroll, human resources, employment issues, and provide cars, homes, […]
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What You Need to Know About Iqama: The Basics and Beyond
As the largest Arab state, the Kingdom of Saudi Arabia (KSA) is constantly implementing incentives to entice foreign investors to make contributions to the local workforce. In fact, the Saudi Arabian General Investment Authority was specifically established for this purpose. There are millions of immigrants who work in Saudi Arabia each year. The iqama helps […]
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How to Set up a Representative Office in China
China presents ample opportunities for new and existing businesses to expand, and it is no surprise that small, medium, and large companies are interested in China’s established and emerging markets. Businesses looking to do just that must choose, however, the appropriate legal structure for their presence in China. With there being advantages and disadvantages to […]
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How to Set Up a Joint Venture in China
Joint Ventures (JVs) are one of the four main options that new and existing foreign businesses have when they are looking to establish a presence in China. These four options (the others being the Wholly Foreign-Owned Enterprise (WFOE), the Representative Office (RO), and the Foreign Invested Partnership Enterprise (FIPE)) all have their benefits and drawbacks, […]