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Expanding a business globally can be a great way to access new markets and increase revenue. However, setting up legal entities in each new jurisdiction can be time-consuming and expensive. Moreover, it can take months or even years to establish legal entities, and they may not be necessary if a business is just testing the waters in a new market. As a result, more and more businesses are turning to Global Employer of Record (EOR) solutions as an alternative to establishing legal entities. A Global Employer of Record is an option that allows you to skip all of that hassle. The Global Employer of Record (EOR) is a talent engagement model that offers a potential solution for companies looking to expand globally. Let’s explore the advantages of choosing a Global EOR provider as an alternative way to expand into new markets VS entity setup. Download our free White Paper to learn more. |
