As a highly developed Special Administrative Region of China, Macau invites intense interest from foreign businesses. The most densely populated region in the world holds tremendous opportunities. At the same time, its rules and regulations can be intimidating – the autonomous territory has an overall government structure more similar to Hong Kong’s.
Professional Employer Organizations (PEOs) and Employer of Record (EOR) services can be the ideal solution for first-time business entries into Macau. They provide the sort of invaluable hands-on experience to help business owners navigate the territory’s unique laws and culture. We’ll look at the benefits and list the best Macau PEOs/EORs for your needs.
Why Rely on a PEO in Macau?
The right PEO solution empowers companies to hire employees in Macau rapidly, compliantly, and easily. As these PEOs operate locally, they manage administrative aspects of your business, such as hiring, payroll, contracts, and ongoing staff support. As the legal Employer of Record, they provide the infrastructure, serving as a Human Resources division. They’re invaluable for new business market entries.
Best Macau PEOs & Employer of Record
With a client roster heavy on technology, and a platform-based PEO offering, Papaya is an efficient service for many industries. They have capabilities for workforce support in over 100 countries, including Macau.
Their automated management capabilities are accomplished with a SaaS system that operates online. They offer localized insights and centralized management, accomplished via their web platform. For new companies that have found local specialists in Macau, they can offload HR support issues to their all-purpose system.
New Horizons Global Partners
Based in Shanghai, New Horizons Global Partners are leaders in providing comprehensive support services – extending to staffing, recruitment, entity setup, and more. For new Macau business expansions, their coverage of the Asian market is elevated by a local presence. Tailored solutions are their specialty, and NHGP has a diverse worldwide portfolio that includes Fortune 500 companies.
For businesses that are exploring the Macau market, NHGP offers a full suite of PEO/EOR solutions. A reliable partner in delivering turnkey business openings, they can handle everything from finding office space to recruiting and managing staff. It’s an appealing, simple answer to the problem of how to launch a business quickly and efficiently without time delays due to local regulations and issues.
American-based Velocity Global has become a well-known source of end-to-end services for expanding businesses. They provide a helpful online Resource Center for information on global expansion, the important details of PEOs, and the best ways to approach talent acquisition overseas.
With its focus on fast onboarding, Velocity Global has worked in 185 countries since its 2014 launch, including Macau. They pride themselves on their knowledge base and are now expanding their platform usage in the cloud.