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  1. Overview: Malaysia
  2. Global PEO and payroll
  3. Global HR Compliance
  4. Work permit for hiring expats via PEO
  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 Malaysia

When you consider the ever-growing international market, you may find that your business is poised to benefit from overseas expansion. However, with so many countries to choose from and a vast difference in cultural norms and laws, it can be hard to know where to start.

Given that many potential international locations have different regulations, accounting systems, and tax structures, getting the right help is crucial. The first step is finding the right partner for your business. Here are some basic concepts related to expanding internationally that any business should be familiar with before starting down the road of global expansion.

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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 ensure compliance and 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.

What is a Global PEO?

Are you looking for a hassle-free way to manage your company’s global employment needs? Look no further than a global PEO.  A global PEO (Professional Employer Organization) can offer comprehensive global employment solutions in 190 countries.

Our flexible approach means that we can scale up or down according to your business needs, and we minimize risk by protecting your company’s IP and employees. Delegate global employment responsibilities to us and focus on running your business! 

Our Global PEO and payroll services include payroll and benefits administration, background checks, immigration support, and more. Quick and easy market entry is guaranteed with PEO – we are your local legal entity, so there is no need to incorporate. Plus, our compliance with all local laws and regulations ensures that you can operate securely and confidently.

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How Does a Global PEO Work? What Is the “Co-employment” Model?

Organizations that partner with a Global Professional Employer Organization (PEO) enjoy many benefits. By working with a PEO, businesses can take advantage of a co-employment relationship which can free up time and resources that can be better spent on strategic decision-making and business growth. Global PEOs are responsible for payroll, withholding and paying payroll taxes, managing compensation and benefits coverage, and providing HR compliance guidance.

The global PEO becomes a co-employer of the organization’s employees, and PEO shares the employment responsibilities of the client organization. PEOs assume many administrative and HR compliance tasks that businesses would otherwise have to handle, giving business owners and management teams more time to focus on running their companies.

In addition, Professional Employment Organizations can provide valuable services and expertise that businesses might not be able to access on their own. Using a global PEO and payroll can be a great way for businesses to improve efficiency, save time and money, and gain access to valuable resources and expertise.

Acumen’s Global PEO and Payroll solution was designed especially for companies like yours to smooth the way for quick, easy, and risk-free business operations in Malaysia without establishing a legal business entity.

What Services Does a Global PEO (Professional Employment Organization) Provide?

  1. Global Payroll management;
  2. Compliance with local tax rules (file & deposit) of the country where the EOR company is located;
  3. Handling compliant employment contracts: 
  4. Background, education, and other checks; 
  5. Onboarding and termination processes, as well as employee’s compensation;
  6. Arranging visas and work permits for employees;
  7. Ensuring the working process is organized under local labor laws;
  8. Processing workers’ medical insurance and other benefits (day-offs, bonuses, and more);
  9. Global employment process maps, matter maps, employment guides, and other documentation.

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Global PEO —  One-Stop Destination for Global Businesses

If your company is looking to move forward confidently, you need Acumen. We can help you replace or supplement existing employment-related service providers, such as payroll companies, employee benefit brokers, HR consultants, and background checks vendors. In addition, we can provide you with an IP attorney, tax advisor, translation service, legal advisor, and immigration advisor. With our comprehensive services, you’ll be able to stay compliant with all HR regulations.

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

What Makes Us Unique

Since 2000, Acumen International has served as an international PEO and payroll service provider in Malaysia. With our 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 or 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.

By using our international employment outsourcing solution in Malaysia, you can mitigate risks of employee misclassification and/or non-compliance.

If you are a service company, which serves clients that employ global workforce, you might want to use our global PEOand payroll solution as an efficient tool to extend your offering to your clients.

Whether it is your client company or your own firm that needs to instantly employ a local expert or a foreigner / expatriate in Malaysia, Acumen International, by means of international PEO and payroll service, will guide you through local employment nuances as well work permit sponsorship and business visa issuance required for expatriates’ immigration.

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.

Global Payroll Calculator: Accurate Global Employment Cost Estimation

Acumen International offers the Global Payroll Calculator 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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15 Benefits of Partnering with a Global PEO in Malaysia

  1. A Professional Employer Organization (PEO) is a third-party staffing firm that provides its clients with administrative, HR, and insurance services. It takes over all the time-consuming, tedious, and risky tasks your HR, Finance, and Operations Team would have to do, allowing them to focus on what they do best.
  2. By paying a flat rate to a global PEO (Professional Employer Organization) partner like Acumen International, you hand off almost all the heavy burdens of HR management so that you can focus on what matters.
  3. A PEO handles payroll and benefits administration for your employees. It also takes care of tax withholding and filing, workers compensation insurance, unemployment insurance administration, regulatory compliance, employee handbooks, HR compliance, training and development programs, employee relations issues management, and more. 
  4. PEOs can provide a range of benefits to employees that other companies may not be able to offer. A PEO will also help with keeping track of your employee’s benefits and insurance across multiple jurisdictions, as well as making sure they stay up-to-date while they’re working for you. You might be surprised at how much time it takes to manage health insurance or pension plans, but PEOs deal with this daily. They make it their business to know what the most up-to-date employee benefits there are
  5. Reduced liability. Often, employers are unaware of potential liability issues regarding their employee’s insurance and benefits until it is too late. Using a global PEO to handle these matters instead of handling them on your behalf across foreign jurisdictions.
  6. A global PEO can help your company save on internal costs by acting as the single contact for insurance and benefits coverage. Global PEOs can also help improve the quality of your benefits coverage by providing access to a wider range of options.
  7. Your business faces many potential threats, from compliance issues to insurance costs and beyond. A global PEO can help you mitigate these risks by providing expert guidance and support. 
  8. A global PEO can help with immigration challenges and other concerns that may impact your business.
  9. By partnering with a global PEO, clients can often secure more favorable terms on employee benefit plans.
  10. Streamlined payroll and tax filings: The PEO processes payroll and does all the necessary tax filings for the company, significantly reducing administrative overhead for employers.
  11. PEO clients have access to greater resources and opportunities for growth than other businesses.
  12. PEO clients have been shown to have a turnover rate that is 10-14% lower per year than comparable companies.
  13. Expanding your business globally can be risky, but by partnering with a global PEO, you can stay flexible and mitigate major global expansion risks. This allows your business to enter new markets securely and efficiently while knowing there is always an exit strategy available if needed.
  14. With a global PEO and payroll partner, you can test the waters before making a permanent commitment. Before you decide to invest in offices, equipment, and employee training at an overseas location, you’ll get valuable information about whether the location will be successful by seeing how well operations are received via a third party before committing to managing them yourself.
  15. In addition to helping with taxes and payroll, global PEOs can also help handle things like relocation, providing temporary housing and support while you find a permanent location for your employees to live.

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

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