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SERVICES
employment of record solution
This solution is advised to any foreign company planning to start or expand business activity in new country, while keeping low risk and small investments in their market entry
When a foreign company expresses an interest in expansion of business operations to other countries, they typically aim to minimize risks and initiate their market entry with a modest investment. Through the strategic approach of outsourcing payroll and employment obligations to an employer of record, in addition to handling administrative aspects such as securing visas for overseas staff, organizations can concentrate on their core business activities in Europe without the burden of managing intricate details and the potential accumulation of legal liabilities
Service features
- Labour contract
- Monthly payroll and HR administration
- Immigration support of worker and dependents
- Personnel tax compliance
- Statutory benefits compliance
- Medical insurance
- Expense claim
- Benefits & bonus Accruals
How our cooperation will look like
Project setup
- Define roles & responsibilities
- Approve cooperation schedule
- Kick-off meeting
- Collect data and documents
- Sign agreements (service and employment)
Project ongoing stage
- Get the inputs
- Issue invoice
- Receive the funds
- Pay salary to the employee
- File statutory returns
Employment procedure
When a foreign company expresses an interest in expansion of business operations to other countries, they typically aim to minimize risks and initiate their market entry with a modest investment.
Onboardin process initiation
Onboarding call
Collecting all required documents and data
Contract drafting
Approval of the contract by the Client and employee
Registration with statutory bodies (if applicable)
Meeting with the employee and contract signing
Onboarding process successfully finished
EMPLOYMENT IMMIGRATION SUPPORT
Global expansion process goes hand in hand with relocation of the best and most promising staff. Indeed, relocation can be a daunting task. Identifying visa requirements by country and understanding employment law, local rules and regulations, application processes and the like can quickly become difficult and stressful for all the parties involved. Our aim is to enable people and companies worldwide to work in new places. Our experts own a unique skill set of immigration knowledge that is not available inside most businesses. They will help you to understand the requirements and list of documents needed for your employees and their dependents. Let us handle the complex and country-specific employment administration, while you will focus on the substantive business activity and employee performance.
Expanding multinational companies can be really challenging. Using YBS immigration support services you can be assured that employees will be fully compliant with local laws and pursue their assignments without any delays or obstacles
IMMIGRATION PROCESS
Step 1
Working visa obtaining
- Collecting all the data and documents required;
- Preparation of the invitation letter;
- Making visa payment and application to state authorities;
Step 2
Work permit obtaining
- Contact with the employee to receive all the data and documents required;
- Drafting employment contract;
- Approval of the contract by the Client and sending it to the employee for signing;
- Making all statutory payments and application to state authorities.
Step 3
Temporary residence permit (TRP) obtaining (if applicable)
- Collecting all the data and documents required;
- Making all statutory payments and application to state authorities.
IMMIGRATION PROCESS
Step 1
Working visa obtaining
- Collecting all the data and documents required;
- Preparation of the invitation letter;
- Making visa payment and application to state authorities;
Step 2
Work permit obtaining
- Contact with the employee to receive all the data and documents required;
- Drafting employment contract;
- Approval of the contract by the Client and sending it to the employee for signing;
- Making all statutory payments and application to state authorities.
Step 3
Temporary residence permit (TRP) obtaining (if applicable)
- Collecting all the data and documents required;
- Making all statutory payments and application to state authorities.
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