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Global Perspectives

Global Perspectives

The latest resources underpinning regulatory compliance in global expansion and international employment

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Follow news, regulatory changes, and New Horizons announcements. Our experts report on key issues relevant to Global Expansion and Hiring, International Employment, PEO, Payroll, Recruitment, Human Resources, and more.

What is Employee Misclassification?

Employee misclassification occurs where a business classifies a worker as an independent contractor for tax and legal purposes, but they are, in actuality, an employee.  A recent study estimates that 10 to...

Five Benefits of Outsourcing Employee Relocation

In this article, we share our expert advice on the following elements of the employee relocation outsourcing process: (a) What is employee relocation? (b) What are the benefits of employee relocation?OverviewWhen a company decides to move an employee from one location to another, the employee relocation...

An Introduction to China’s Social Credit System

The China social credit system is both a singular database and a set of databases that keep up-to-date information on the behavior of individuals, corporations, and governmental entities across China.The social credit system has similarities with the credit ratings provided for individuals and corporations in...

RCEP Trade Agreement – 5 Key Takeaways

The RCEP Trade Agreement was finalized in November 2020, marking one of the world's largest trade deals in history. Connecting 15 countries across the Asia-Pacific, the Regional Comprehensive Economic Partnership is a formal trade agreement between 10 ASEAN members along with 5 other APAC countries. It...

Three Benefits of Global PEO for EU Companies After Brexit

Since the first of January, 2021, the United Kingdom has sat outside the EU both legally and practically. As a consequence, any EU business that operates, or seeks to operate, in the UK must comply with UK, rather than EU law. In this article, we set...

How to Incorporate a WFOE (Wholly Foreign-Owned Enterprise) in China

WFOE stands for Wholly Foreign-Owned Enterprise. As the name suggests, a WFOE (sometimes referred to as WOFE) is an organization set up in China, entirely owned by a foreign investor. Further, it represents a 100% autonomous, financial legal entity, bearing lawful obligations independently. For incorporation service in...

Guide to the Singapore Personalised Employment Pass (PEP)

In this article, you’ll discover everything you need to know about the Singapore Personalised Employment Pass. This includes its approval criteria, eligibility requirements, application process, and timeline. What is the Singapore Personalised Employment Pass?Singapore’s Personalised Employment Pass (also referred to as the PEP) is a type...

How to Get a Singapore Entrepreneur Pass – EntrePass in 2021

This article is designed to provide an overview of the Singapore Entrepreneur Pass (otherwise known as the EntrePass) - a visa for both technopreneurs and R&D-intensive enterprises. You will learn a number of the EntrePass components, including its eligibility requirements and approval criteria, application process,...

Five Ways Global PEO Can Help UK Firms After Brexit

Brexit, the 'British Exit' from the European Union, has finally occurred. As of 1 January 2021, the transition period is over, and the United Kingdom now sits outside the European Union (EU). This means that there are new restrictions in place with respect to UK businesses...

How to Hire Chinese Employees in China

Hire Chinese Employees in China This article is written for companies entering the Chinese market and about to hire Chinese employees in China. This guide to hiring in China has been designed to help them in developing a company’s business in China, and, of course, could...

Chinese Wine Market Industry – Strategies and Recommendations

With around 40% of China's wine being imported, foreign wineries and wine distributors have been presented with an enormous opportunity for global expansion. The market also appears to be maturing, which signals the end of more experimental purchases in lower quality products and a...

Case Study: Confrérie des Domaines (China, Hong Kong, Taiwan, Macau)

Company ProfileConfrérie des Domaines is a world-renowned wine export company that works exclusively with more than 40 of the most prestigious wine estates in France, Italy, and Hungary.Partnering with New Horizons Global Partners, Confrérie des Domaines has established its regional headquarters in...

Global Expansion Forecast for 2021

We recently looked at some of the most significant global expansion developments in 2020. As we ring in the new year, it is worth taking a moment to consider the global expansion trends that may ramp up in 2021.  We set out five key trends below. 

China’s Hukou System Explained

What is the China “Hukou” System China’s hukou system was introduced in 1958 as a modern means of population registration. It was set up as a part of the economic and social reforms of the initial years of the communist regime. In 1985, the hukou system...

Global Expansion in 2020

Merry Christmas and a Happy New Year to all from the New Horizons team.While it is virtually impossible to summarize a year like 2020, we thought it would be worthwhile identifying some of the trends and developments in, what has been, a record-breaking year for global...

What Are the Best Tools for International Human Resource Management?

International Human Resource Management is a crucial concept for any business that has expanded globally or is thinking about doing so. Here we explain what international human resource management means and explain how to implement it within your organization. The Definition of Human Resource Management What is...

How to Convert Contractors to Employees

Contractors are a valuable tool for most businesses. However, there often comes a point where, for either business or legal reasons, companies need to consider how to convert contractors to employees. Here we set out the key steps you need to take if you wish to convert...

What is Global Compliance and Why Does it Matter?

Global compliance is of crucial importance to firms operating across borders. In this article, we explain what global compliance is, why it matters, and how you can best manage it when joining the global marketplace. What Does 'Global Compliance' Mean?'Global compliance' means the position or goal...

7 Reasons Why You Should Outsource Recruitment

You already know that recruiting the right people is one of the most important things you can do for your company.  To make the most of the global marketplace, you need to acquire high-level talent from overseas. You could carry out the recruitment in-house – but...

Hiring Foreign Employees – Strategies for Expanding Businesses

As remote work becomes more prevalent throughout the world, expanding businesses are recognizing the advantages of hiring foreign employees. Businesses are no longer faced with the restrictions of hiring employees within close proximity to an office. In today’s global marketplace, a business can hire the world’s...

Hiring Remote Workers: 4 Tips To Connect With The Best Talent

All over the world, remote work is rapidly on the rise. In fact, a recent survey conducted by Gallup concluded that around 43% of American employees conduct at least some of their work duties away from the office. These figures are hardly surprising. Having the ability...

Four ways to outsource staffing and boost your global expansion

A talented workforce is the most important asset a business can have. But is this always something that should be carried out within the business, or should you outsource staffing? Here we explain why it can be a good idea to outsource staffing, whether internationally or...

New Horizons Global Partners Appoints Guillaume Vergnaud as Managing Director Asia-Pacific

New Horizons Global Partners, a market leader in global expansion solutions, is pleased to announce the appointment of a new Managing Director Asia-Pacific, Guillaume Vergnaud. Guillaume will be based in New Horizons’ Singapore offices. With dual bases in Singapore and Shanghai, 2020 has seen New...

Top 8 China Market Entry Challenges and their Solution

China holds a distinct position among the global economies. It is the second-largest economy globally and is a hub for many western companies that have a global presence. Companies from all industries, especially from technology, manufacturing, eCommerce, etc. have been attracted by favorable business...

What is International PEO

More and more companies are relying on the services of an international PEO for their expansion and hiring. A Professional Employer Organization or PEO acts as the co-employer of a company and helps it manage its HR functions. A PEO also helps a company with...

Minimum Wages in China – How to Calculate Them

Employers in China must stay up to date on the current rules on minimum wages in China, which are constantly evolving. The minimum wages in China are continuing to grow at a rapid rate. It is important that employers understand how increases in minimum wages affect...

How to Increase Revenue through Contractor Management Outsourcing (CMO)

Contractor Management Outsourcing (CMO) became a vital trend in the global expansion industry. Using these services allows international companies to delegate the tasks of managing a contingent workforce to a trusted partner. Further, this allows your business to focus...

What Is an International Umbrella Company & How Does It Ease Global Expansion?

What Is an International Umbrella Company & How Does it Ease Global Expansion?An umbrella company is a company that employs or contracts with the (usually temporary) workforce of a client company.  Umbrella companies (also known as ‘umbrella agencies’ and ‘umbrella organizations’) are similar to, but distinct...

The New China Infrastructure Plan: Opportunities for Foreign Investors

The recent changes in world dynamics have led to China prioritizing the development of its infrastructure. The country is pushing towards establishing a smart, innovative, and digitally-driven, and more attractive infrastructure for foreign investors. In this article, we’ll talk about...

Hire Developers in India: Expand your Business Opportunities With a PEO

The first thing to do to set up a strong tech base is to hire good developers. The digital business arena requires a business to be highly competitive and have a consistent edge over its peers. It has become critical for companies to hire...