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Employ Candidates Compliantly in Thailand

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  1. Overview: Thailand
  2. Expand without a company set up
  3. Work permit for hiring expats via PEO
  4. Global PEO and payroll
  5. Global HR Compliance
  6. Contractor vs. employee: which is better?
  7. Global Payroll Calculator
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“The Global Expansion Guide: How To Grow Fast and Limit Risks Without Setting Up A Company In Thailand”

Become An International Business And Gain Presence in Thailand Without The Risk Or Expense Of Setting Up a Company.

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to understand the key global expansion factors that make the difference between success and failure

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In this guide you’ll learn how to:

  • Attract and compliantly pay commission-based sales reps
  • Develop international sales and extra revenue opportunities, without setting up own companies overseas
  • Enter more markets, test the markets before getting established there, and easily withdraw from the unattractive countries
  • Avoid legal and compliance risks
  • Design an efficient system of international sales with a strong team of global salesforces

The key to expanding seamlessly into Thailand is finding and effectively managing local people. Just a single pair of boots on the ground is a game-changer. Immediate revenue increases with a skilled globally distributed salesforce, or expedited growth with foreign local IT pros; all benefits of a strong international team and presence in the global marketplace.

However, if your company is trying to go global, or is already in those early stages, chances are that you’re starting to understand how complicated global operations can be.

Learn How You Can Expand Your Business Globally Through Employment Fast, Easily, And Risk-Free!

Global EOR Services: Save Up to 80% of Employee Management Cost in Thailand

Regarding international business expansion, traditional methods often come with high costs and long timelines. Setting up a legal entity in a new country requires significant investment and time-consuming due diligence, from legal compliance to administrative setup.

The Hurdles in Creating a Legal Entity in Thailand

Initiating a legal business presence in Thailand is not merely submitting the necessary documentation. It involves:

  • Business registration procedures
  • Opening a local bank account
  • Securing the required licenses and permits
  • Ensuring regulatory compliance.

Furthermore, companies must continuously adapt to evolving tax norms, labour regulations, and compliance standards.

 Average Cost & TimeOur Solution *
Time to Market10+ weeks72 hours
Legal Advisors Fees$ 10 000 +………….
Official Employment & Benefits$ 20 000 +………….
Incorporation & Liquidation Costs$ 11 000 +………….
Bank Account Setup$ 2 000 +………….
Maintenance costs and in-house staff to manage the foreign entity, payroll set-up, and administration.$ 25 000+………….
The approximate total cost of new market entry**$ 74 000 +$ 15 000

* Per one Employee
** Costs vary from country to country

Advantages of Using a Global Employer of Record in Thailand

Utilizing an EOR service such as Acumen International offers multiple benefits:

  • Quick Market Entry: Bypass the complicated and time-consuming local setup, and begin operations almost immediately.
  • Cost Efficiency: Save on registration, ongoing compliance, and potential legal penalties.
  • Focus on Core Operations: Delegate the intricate matters of HR, tax, and legal compliance to experts, enabling you to concentrate on strategic planning and business development in Thailand.
  • Smooth Market Exit: Should you decide to pull out, an EOR service in Thailand simplifies the exit process, reducing costs and time.

Advantages of Using a Global Employer of Record in Thailand

Partnering with Express Global Employment offers multiple benefits:

  • Quick Market Entry: Bypass the complicated and time-consuming local setup, and begin operations almost immediately.

  • Cost Efficiency: Save on registration, ongoing compliance, and potential legal penalties.

  • Focus on Core Operations: Delegate the intricate matters of HR, tax, and legal compliance to experts, enabling you to concentrate on strategic planning and business development in Thailand.

  • Smooth Market Exit: Should you decide to pull out, an EOR service simplifies the exit process, reducing costs and time.

1. Recruitment

2. Global Mobility

3. Checks

4. Onboarding

5. Payroll Administration

6. Working Time & PTO Processing

7. Benefits Administration

8. Tax Administration & Reporting

Offboarding

Talent skilled in highly-specialized areasEmployee Work Visa and Work Permit sponsorshipHealth checksEmployment Agreement draftingIn-country registration with statutory bodiesWorking hoursMandatory BenefitsTax Reporting frequency and requirements;Employment agreement termination:
Executive searchDependent VisaCriminal record checksCompliant worker onboarding on your behalfDay-to-day payroll managementOvertimeHealth insuranceEmployer taxes & contributionsDismissal – by the employer
Contingency workforceVisa extensionBackground checksAccount setup in the payroll and HR system​Monthly pay slips or other pay frequencyPublic holidaysWorkers’ compensationEmployee taxes & contributionsResignation – by the employee
 Application for a sponsor license for a foreign nationalEducation checksEmployee data entry and records maintenanceAccrualsAnnual leaveUnemployment insuranceWithholding taxTermination by mutual agreement
 Relocation assistance Managing probation periodsAllowancesParental leaveVoluntary BenefitsLocal tax payments and reporting to local authoritiesNotice period handling
    13th and 14th salarySick leaveShare plans for executivesEnd of financial year reportingFinal settlement & severance payments
     Additional leaveBonuses & Equipment provision De-registration with statutory bodies
      Expenses reimbursement & business trip processing  
      Health insurance, dental treatment  

Fueling Your Growth in Thailand

By leveraging our EOR services in Thailand, you can free your organization from the complexities of establishing and managing a legal entity. This allows you to direct your focus and resources towards your core business objectives, accelerating your growth in this lucrative market.

As a Global Employer of Record, we offer a single solution to manage your workforce seamlessly in Thailand and worldwide. Our services provide legal assurance, expert guidance, and a pathway to hire and manage your global team effortlessly. From reducing financial and legal risks to facilitating transitions during mergers and acquisitions, our Global EOR solutions offer a comprehensive support system for your expanding business.

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