Is It Easier to Hire Foreign Contractors?

It could be tempting to hire an independent contractor, less paperwork, less stress, right? Not really. This option is cost-effective initially, however, it can turn into a serious legal and financial disaster. Local tax and labor authorities may consider your activity in the country as permanent establishment or hidden employment relations. The consequences could be financial and legal penalties. Global PEO or EOR mitigate misclassification risks and help you navigate local tax regulations and laws.