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.
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:
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.
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.
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:
WIDE Brazil makes it easy to hire, pay, and support your hire in Brazil. Book a call with us to start building your team today.
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