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Employ Candidates Compliantly in Ghana

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  1. Overview: Ghana
  2. Work permit for hiring expats via PEO
  3. Global PEO and payroll
  4. Global HR Compliance
  5. Expand without a company set up
  6. Contractor vs. employee: which is better?
  7. Global Payroll Calculator
Other counrtries

Global PEO and Payroll in Ghana

If you are considering entering a new market, it’s critical to consider the unique challenges faced in each country. Not every expansion is equally tricky, but navigating global markets will always require rigorous due diligence. As with any expansion, consider the laws, activities of your company, goals, and risk tolerance levels before moving forward. There you go!

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Global Expansion and Global Employment Challenges

When expanding your business operations to new countries, there are many important issues to consider to avoid any potential problems on the global expansion journey.

These can include global HR administration issues such as securing business visas and permits, drafting employment contracts that comply with labor and tax laws across multiple jurisdictions, data privacy and intellectual property rights, global payroll and accounting considerations, and local statutory requirements.

There may also be a need to comply with various regulatory requirements relating to currency controls, foreign employment restrictions, and employee classification. Additionally, multi-jurisdictional tax considerations, risks, and liabilities should be taken into account, along with complex tax filing requirements and potential litigation risks.

Finally, being aware of the different languages, time zones, customs, and cultures you may encounter in these new markets is also essential. Doing the necessary homework on all of these issues in advance can help avoid any potential problems down the road.

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What is a Global PEO?

PEOs are professional employer organizations. That means they offer comprehensive HR solutions for small businesses across the country. By paying a single fee per employee, employers can outsource all their HR needs to an expert who specializes in managing this aspect of their business. Some services provided by PEOs include

Outsourcing some global employment and HR functions to a PEO means that the business owner is not bogged down with processing payroll, benefits, or securing visas ad work permits. Instead, they have more time to concentrate on other company matters, including big-picture issues.

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Why Partnering with Global PEO Is a Win-Win Solution For Businesses?

It’s no secret that managing a global workforce is one of the most significant challenges business owners face today. The rewards in owning a business are great. Still, there are also significant risks and liabilities, including paying global employees on time, handling payroll taxes and insurance payments, keeping up with legal requirements, and much more.

For the owner of a growing company who may not have global employment management and HR expertise in-house, it can be very difficult to stay on top of all these responsibilities. That’s where a global professional employer organization (PEO) can help. A global PEO is a company specializing in being an employer or records for its clients. As such, they handle all of the “non-core” HR and administrative international employment activities on behalf of their clients – from payroll to benefits administration to workers’ compensation and immigration support— enabling global PEO clients to focus more time on their organization’s core competency.

A PEO relationship benefits both the client and the global PEO. For the client, a PEO provides access to affordable HR products and services, expertise in key employment functions such as health care compliance and foreign human resources cost evaluation and planning, employee data collection for critical reports and analyses, and tailored tax reporting capabilities. These technology solutions ensure efficiency in onboarding new employees and facilitate HR administration.

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5 Benefits of Using Global PEO and Payroll Solution in Ghana

  1. Facilitated and unified global mobility administration
  2. Centralized control over the global workforce
  3. Enhanced international employee and employer compliance
  4. Advice on favorable tax, benefit, and social security locations
  5. Reduced permanent establishment exposure risk

How to Choose a Global PEO (Professional Employer Organization) in Ghana?

The number of business people thinking globally is on the rise.  With the help of a global professional employer organization (PEO), it’s easier to expand your reach and your client base by hiring employees overseas. To streamline your global HR operations, a global PEO can help you navigate local employment laws, find qualified candidates, and handle payroll and benefits administration.

A global PEO can support your workforce in many ways. They can employ talent, manage compliance issues, provide strategic advice about international expansion, and help you design a plan for growth in other countries.

As you consider partnering with a global PEO, remember that the needs of each business are unique. Just as you would carefully select international employees, you need to find a PEO that can address your industry’s specific challenges. Look for a global PEO and payroll solution with a strong track record and fiscal stability that can provide comprehensive support and labor and compliance expertise. Make sure they offer services and coverage in all your business areas. Get references from other clients in your industry to ensure you make the best choice for your business.

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Global Employment Solutions: How to Put Together a Hard Puzzle

There are many things that can go wrong when you try to find employment overseas. Acumen International can help you navigate these challenges, but it is important to be aware of the potential obstacles you may face.

As a Global PEO, our role is to enable organizations to quickly and easily hire employees in any country. We take care of all the employment-related details so that our clients can focus on their business goals. However, if candidates are unhappy at any stage, the whole arrangement can fail.

When making the decision to move abroad for work, your selected candidates consider  a number of factors. The visa and work permit process complexities, currency fluctuations, lifestyle choices and family considerations can all impact their final decision.

As a PEO, we understand that when expanding your business globally, it’s vital to put your employees’ needs first. Considering the impact that this move will have on their lives, it’s important to think outside the box and make sure they are comfortable and supported every step of the way.

“It has become critical for organizations to have an understanding of applicable laws and regulations concerning issues such as minimum wages and benefits, employment standards, immigration and labor relations in each location. A Global PEO can play an important role in helping organizations navigate this complex global employment landscape through offering reliable and country-specific solutions and expert advice on matters related to compliance,” says Nick Ganzha, CEO and founder at Acumen International.

Acumen Global PEO and payroll solution can help you solve the hard puzzle of global employment. As a Global PEO partner, we help businesses meet all of their HR needs while also handling compliance issues that are specific to the international arena. By offering comprehensive global employment solutions and reality checks about the compliance aspects of employing staff across the globe, we can be an important resource for your in-house HR and Management teams.

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Why Choose Acumen International PEO and payroll in Ghana?

Since 2000, Acumen International has served as an international PEO and payroll service provider in Ghana. With Acumen global PEO and payroll solution, you can either expand your international reach or attract the brightest global talent for your projects while leveraging our company’s global infrastructure instead of setting up your own. No matter where you need a global employment solution, we hire the employees of your choice on our locally compliant payroll while transforming international payroll into a simple monthly invoice for you.

Use our international PEO and payroll solution to employ local sales representatives to explore the local market and sell your product there or employ qualified IT personnel for projects of any complexity or duration. You can also test the market for viability and easily withdraw if found unfeasible without having to lose much compared to what could be lost after you had established an entity there.

Acumen International is here to help, from payroll and tax management to social security disbursements and immigration services. We’ll give you the peace of mind you need and reduce your company’s legal costs by 50% or more.

With Acumen in your corner, you can quickly and easily onboard and compensate your employees without risk of legal repercussions.

Our Global PEO&Payroll Client
Employment risks mitigation
Tax compliance & payroll processing
Incorporation costs no need for own
entities
Effort 90% 10%
Coverage 190 countries 190 countries

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Global Employment Services: How a Global PEO can Help You in Business Transition

Acumen International PEO offers a unique blend of experience and service suite, providing global employment opportunities that are genuinely global-ready. If your company is working in transition, such as going through an acquisition or merger, or if you are experiencing a company liquidation, Acumen International can find a legal and compliant solution to hire your employees—anywhere in the world! Many companies struggle with handling the employees being left behind during these times of transition. It’s common for employees to feel insecure about their future employment prospects, particularly when they have been forced out of their positions.

This can also be problematic for companies, who will likely have open positions that need filling but still have lingering contracts to fulfill. In both cases, having a resource like Acumen International PEO can ensure that the company’s business continues without being negatively affected by the change. When you’re working with Acumen International, we take care of all the paperwork and legal obligations so that you can focus on completing your transition plans. We also handle everything from payroll, benefits, and even full payroll tax administration for all our employees worldwide. This gives employers peace of mind that all of their global obligations are fulfilled while allowing them to focus on their transition plans.

A reduction in the workplace can be a scary time for employees. Global PEO can provide outplacement services to help reduce the risk and ensure downsized employees have some assistance while searching for a new employer.

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Global Payroll Calculator: Accurate Global Employment Cost Estimation

When hiring employees and contractors across the globe, you may not be choosing the most cost-effective and business-friendly country.

  • Do you know which country is the most cost-effective place to hire employees? 
  • What are the costs of entity establishment and legal representation?
  • What are the payroll costs and management fees?
  • What are your ongoing annual tax compliance costs?
  • Are you fully aware of banking implications?
  • Did you know that labour laws and hidden costs could make your company less efficient when choosing a country to run your business? 
  • Did you know that there could be a more cost-effective country to hire employees in and save up to 50%?
  • How to hire international teams without setting up a local entity?

This is because countries have different labor laws, compliance, and tax regulations. What if, instead of limiting your company’s international expansion by cutting through the jungle of local regulatory compliance, tax, labor, and immigration requirements, you could have all the information of 190 countries at your fingertips?

The Global Payroll Calculator is built by Acumen International to help businesses understand the compliance requirements for conducting business in a new country. Acumen’s research team tracks developments in 190 countries around the globe. It provides up-to-date data on local regulations related to tax, payroll regulations, benefits, hiring practices, compliance requirements, and other labor-related factors that impact an employer’s bottom line. This valuable information makes the Global Payroll Calculator an invaluable tool for businesses looking to expand internationally.

Global Payroll Calculator helps companies reduce labor costs by providing up-to-date information on hiring, compensation, and tax requirements. It is also an ideal tool for quickly locating employees in any country.

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Why Should You Choose a Global PEO Service Over Setting Up Legal Entities?

Payroll taxes and service fees can be a big burden for employers. Many companies choose to use a Global PEO (Professional Employer Organization) to help with these costs. PEOs typically charge a percentage of the total payroll, including employee insurance fees. It can be difficult to determine the actual costs for these services, especially when some employer taxes are only paid on wages up to a certain threshold.

Single Global Service Agreement

A global PEO can cover all your international projects within a single contract and add new employees and services as you expand your global workforce in the new countries.

No Required Minimums

We accept projects of any length, with any number of employees.

Flexible Pricing

Whether you need to scale up or down, we adjust your pricing based on the project employee number.

End-to-end Global Employment Solution

We manage all your global services, including employment, recruitment, immigration, legal and global HR consulting, saving you valuable time. And Acumen International covers the cost and saves you the effort of finding and selecting local employment-related service providers.

Disclaimer: Any above information is subject to changes imposed by Ghana’s laws. To get the latest updates on taxation in Ghana and 190 countries worldwide, contact Acumen’s team of global employment experts.

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