An umbrella company takes charge of payroll and compliance responsibilities for local companies. In some countries these are known as ‘Employer of Record’ (EOR) or ‘Professional Employer Organization’ (PEO) solutions. Core services of umbrella companies include:
Hiring overseas usually requires you to open your own subsidiary or entity. This is expensive, time-consuming, and makes you solely responsible for complex tax and labor law compliance. With the Horizons umbrella company solution, you get all the benefits of international hiring without the hassle of opening a local entity.
Hire employees in 180+ countries worldwide.
With Horizons EOR, hire in hours instead of months.
We fill all local HR duties so you save on hiring costs.
Why should you consider hiring with an umbrella company? Consider the following ways in which global hire may appeal to a company:
When you partner with Horizons for your umbrella company solution, you ensure a smooth, hassle-free hiring and payroll experience. Employees can be onboarded, in any country in the world, within 24 hours.
Pick candidates of your own choosing, or make use of our talent acquisition service.
Our umbrella company becomes the Employer of Record (EOR) for your global team, while you remain in charge on a day-to-day basis.
We take care of payroll and also withhold employment taxes and manage compliance.
Reduce the time you spend on setting up local payroll and paying your global team. We take care of everything, so you can focus on your business.
There often comes a time when employees are ready to move on. This is usually a resignation, but in some cases could be a dismissal/ termination.
Horizons manages this ‘offboarding’ for you, to ensure that the process goes as smoothly as possible.
The steps are as follows:
Through our platform, find the contract of the relevant employee and initiate an offboarding request.
We will request further information, such as any reasons for dismissal, to ensure that local laws relating to ending contracts are followed.
We will then be in touch to confirm the dates and details for any contract termination.
Hiring internationally used to take weeks or months. With Horizons you can onboard employees in as little as 24 hours.