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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.

The Principles of the General Data Protection Regulation (GDPR) and International Expansion

The General Data Protection Regulation (‘GDPR’) is, perhaps, the most important piece of law for any international enterprise that ‘carries on business’ in the European Union. In this article, we set out the key elements of GDPR compliance for any enterprise operating in the

Terminating or Dismissing Employees in Different Countries

A central concept in United States employment law is that employment is ‘at will’. This means that, in the absence of a contract or union agreement, an employee may be terminated for any non-discriminatory or non-illegal reason, at any time. This may be with or without...

New Horizons Global Partners to Credit Payroll Funds to Clients in Singapore and Australia

New Horizons Global Partners (‘New Horizons’) will provide a payroll credit to all its clients who have a workforce on the New Horizons payroll in Singapore or in Australia. These payments are a flow-on from Singapore’s Jobs Support Scheme (‘JSS’), which reimburses businesses for...

eCommerce in Australia: How Small Retailers Can Leverage This Market

eCommerce has become the preferred way of conducting business across the globe. It allows many industries like finance, retail, and communication to expand their market base quickly. It is also emerging as a potential channel for small retailers to collaborate and access a foreign...

Opening a Business in China: Ease of Doing Business in the Country

China is one of the largest business hubs, attracting foreign entities and investors from across the world. Businesses that wish to enter the Chinese markets find it easier to set up their business in the country. Also, the Chinese government has introduced numerous...

New Horizons Global Partners Granted Employment Agency License in Singapore

New Horizons Global Partners, headquartered in Shanghai, has been granted an Employment Agency License. The Ministry of Manpower, Singapore, awards these licenses. This allows us to facilitate employment relationships, including recruitment, on behalf of other businesses in Singapore. This license means that we...

What Do Equal Employment Opportunities Mean For Global Expansion?

Most countries around the world have laws and rules requiring organizations to treat employees and potential employees fairly and without discrimination. This is commonly described as giving all people ‘equal employment opportunities’ ('EEO').  In this article, we look at how EEO is defined within the law...

International Business Opportunities In India: Guide For Foreign Investors

India is one of the largest and fastest developing economies in the world, with a growth rate of 7.5%. With its enormous market base, India is rising as a preferred destination for global investors. Additionally, the Indian government has made numerous efforts to facilitate...

Taiwan Business Culture – Key Success Factors

When you are doing business in another country, it is important that you understand the local culture and customs. Here is what you need to understand about Taiwan business culture and some tips to help you be successful. Influences on Taiwan Business Culture Taiwan business culture incorporates...

Taiwan Work Visa – All You Need to Know

Taiwan is a great place to live and work, but if you are a foreign national looking to take up residence here, you will need to meet certain eligibility criteria. You will also need to obtain three basic documents to legally immigrate to Taiwan: work permit ...

What Are the Advantages and Disadvantages of Using International Contractors?

A crucial question for any international expansion is whether to use international contractors or employees. Here we set out the advantages and disadvantages of using international contractors to fuel your global growth, and contrast this with hiring employees. Please note that this constitutes general information. The precise...

Five Tips for International Human Resource Management

Efficient international human resource management, means putting in place a strategy to effectively manage your global workforce. Here we set out five tips for developing an international human resources strategy, and managing an international workforce.Recruit the Right TalentWhen building your global human resources strategy, you should...

Four Tips for Managing Permanent Establishment Risk

One thing that scares many businesses about expanding into a new country is the issue of compliance and tax. A significant risk that needs to be considered is the tax concept of ‘permanent establishment’. In this article, we survey some of the risks that need to...

Should You Switch from a Local Legal Entity to a Global PEO?

When you expand your business internationally, it may make sense to begin by setting up a separate, local, legal entity (such as a subsidiary company), to represent your enterprise in the target country. However, over time, it may become clear that engaging a global PEO will...

Business Opportunities in the UAE: Latest Opportunities and How You Can Take Advantage of Them

With a favorable tax environment, educated workforce, access to financial and natural resources, and trading opportunities, Dubai is an ideal place to expand your business. Due to its central location and its geographic proximity to countries in the Middle East, Asia, Eastern Europe and Africa, you...

Five Reasons Global Expansion is the Next Step for Your Business

Once established in their country of origin, every enterprise should consider whether global expansion is a good idea for their business. In this article, we set out five reasons why you should expand your enterprise internationally.What is Global Expansion? Expansion is the natural trajectory of any successful...

Should You Switch from a Global PEO to a Local Entity?

For many businesses expanding internationally, using a global PEO is the best option. However, in other cases, it may be more sensible to establish a local legal entity (such as a limited liability company), in the new country. In this article, we look at when it...

Hong Kong Business Culture: 5 Principles That Shape Interactions

Hong Kong remains one of the most attractive locations in Asia for inbound investment. Foreign companies are engaged in a number of activities in various industries, from decades-long oil and gas partnerships to short-term technology ventures. If your company is expanding into Hong...

How a PEO Can Help with Your Merger and Acquisition Strategy

Companies commonly expand into other countries via a merger or acquisition of an existing company in that country. In this article, we explain what mergers and acquisitions are, and when they might be useful during international expansion. We also explain why using the services of a...

How to Close a China WFOE and Replace It with a PEO

A Wholly Foreign-Owned Enterprise (‘WFOE’) is one of the most common business models for international enterprises doing business in China. However, in many cases, using a PEO solution will be more cost-effective, and reduce your risk. Here we set out the steps for shutting down a...

What Are the Benefits, Costs and Challenges of Globalization?

Globalization means a world without international borders, or with borders having reduced significance. In this article, we define globalization and set out the benefits of globalization for individual businesses, and economies as a whole. In addition, we look at some of the challenges for countries that...

Managing Remote Teams: Tips On Running A Virtual Office Efficiently

In the last couple of months, the world has witnessed the unimaginable. The COVID-19 pandemic has affected businesses across the globe and prevented employees from traveling to their workplaces. Organizations that were prepared for a global crisis suffered nonetheless. Remote work is...

China Startup Funding Ecosystem: The COVID-19 Aftermath

The first half of the year 2020 has proven to be a rollercoaster ride for businesses and individuals worldwide. Everyday life and global economies have undergone major disruptions due to the COVID-19 pandemic. Businesses, especially startups, have found it difficult to sustain themselves due...

The Essential Guide to International Market Success

How do you optimize your global expansion for international market success? Putting a strategy in place is one thing, but what steps should you take to minimize the risk of failure? In this essential guide, we set out six ongoing actions for all companies entering...

Corporate Social Credit System in China: How To Check Your Status

China’s corporate Social Credit System (SCS) combines data from many different sources to provide a public searchable database of companies, and to evaluate and score those companies against a list of compliance criteria. Here, we explain how to look up your company on this system. The...

A Complete Guide to the Global Marketplace

The Global Marketplace is the entirety of the world’s buyers and sellers of goods and services. If you think you are ready to enter into this marketplace, how should you go about it? In this complete guide to the global marketplace we look at: What is a...

Made in China 2025 – Everything You Need to Know

“Made in China 2025” is a strategic plan that was initiated in 2015 to reduce China’s dependence on foreign technology and promote Chinese technological manufacturers in the global marketplace. The goal is to reach this objective by the year 2025, a decade from the...

An Overview of China Sick Leave

Over the last 30 years, China’s labor law has been slowly evolving to adapt to its growing international aperture. As its population, demographic slope levels out along with its historically high economic growth, China’s traditional exceedingly deregulated labor market is changing.China’s labor law, approved by...

What Is CTC in India and How Does It Differ from Gross Salary?

While business owners in many other countries may use terms like “gross salary” and “net salary” when referring to an employee’s salary, “cost to company” or CTC is the most common term used in India. This term includes the direct and indirect costs associated with paying...

Five Challenges for International Staffing and How You Can Overcome Them

Global growth is a question of when, not if, for any ambitious enterprise. Expanding internationally means diversification and new market opportunities, as well as lower production and labor costs. In nearly all cases of international expansion, the enterprise based in one country (the ‘residence country’) must...