Hire staff in Asia quickly, compliantly, and reliably, all without establishing a local entity.
New Horizons Global Partners is a leading corporate services and consulting firm helping companies all over the world to expand into Asia.
Our Global PEO and Staffing Solutions enable companies to hire top talent across Asia without having to create local entities or subsidiaries. Working with a PEO allows foreign companies to augment their global workforces and access new markets in a matter of days.
What is PEO?
A Professional Employer Organization (PEO) – sometimes also known as an Employer of Record (EOR) – or International PEO is a company that hires and administratively manages employees on behalf of other companies. The PEO handles everything from contract drafting and payroll setup to expense management and legal matters, enabling companies without a local entity in the desired country of operations to access markets rapidly, flexibly, and compliantly.
How Does PEO Work?
Engaging New Horizons Global Partners as your global PEO typically involves five distinct stages: engagement terms agreement, employment facilitation, administrative onboarding, monthly payroll processing, and the continuance of human resources and administrative support.
- Engagement Terms
The scope of engagement between New Horizons Global Partners and the Client is confirmed, and the Client then validates the proposed terms of employment that confirm that the Employee is to service exclusively the Client in the country of operations.
- Employment Facilitation
Our expert team drafts an offer letter and employment contract according to Client needs in both English and the language of the country of operations. The team then makes the appropriate statutory declarations with local authorities and registers the employee at the local labor bureau.
- Administrative Onboarding
As required, our local teams ensure that all immigration, work permit, mandatory insurances, in-country tax registrations and other key declarations and registrations are made.
- Monthly Payroll Processing
We calculate all regulatory payroll items including individual income tax, social security contributions, insurance payments, and we remit payments with payslips. We include expense management and reimbursement at no extra cost.
- Ongoing HR and Administrative Support
New Horizons Global Partners takes on the full employer responsibility in the country of operations, managing all employment-related inquiries, making all appropriate statutory and other declarations as required, and handling any conflicts and employee renewals or terminations.
Benefits of Using a Global PEO
- Avoid the costly expense of setting up an entity in the country of operations for the purposes of hiring staff
- No requirement to find, vet, and hire local lawyers, tax specialists, and HR experts
- Full transparency into the employment arrangement and ongoing employer responsibilities
- Staff direct all time-consuming and complex administrative queries to our team, not yours
- Access to a global expert staff in offices in North America, Europe, and Asia
- Easy international payments with everything included in one monthly invoice