- Overview: Guatemala
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Global Employer of Record in Guatemala
What Is a Global Employer of Record?
A Global Employer of Record (Global EOR) is a third-party organisation that shoulders the legal and administrative responsibilities of hiring, employing, and managing staff on behalf of a client company. Unlike a standard Employer of Record, a Global EOR can operate across multiple countries, offering a unified solution for managing international employees.
This international talent engagement model is especially advantageous for companies expanding into new markets. Typically, such expansion would require establishing a local legal entity, a time-consuming process laden with bureaucratic hurdles. Global EOR circumvents this necessity. It allows companies to deploy staff in multiple jurisdictions without navigating the complexities of local employment laws, tax structures, and compliance norms. This streamlined approach eliminates the daunting upfront investment and operational costs of establishing a foreign subsidiary or business unit.
The flexibility of a Global EOR model makes it ideal for market testing and agile operations. Companies can quickly enter and exit markets, scaling their workforce up or down based on real-time needs and market conditions. Not only does this minimise risk, but it also preserves the company’s existing tax structure and corporate governance framework. The result is a more efficient, compliant, and strategic approach to international business expansion.
All-In-One Global Employment Solution
Employing globally is no longer a maze of local setups and legal hurdles. With Express Global Employment, you can build a global team seamlessly. Benefit from our comprehensive, compliant, and efficient global employment solutions that eliminate the complexity of international hiring. From contract generation to seamless integration, we ensure that your expansion is as limitless as your ambition.
Global Mobility Support
Our global mobility support is about turning complexity into simplicity. We expedite onboarding and immigration procedures, ensuring your global talent is ready to engage and deliver results swiftly. By eliminating red tape and administrative burdens, your team can focus on what they do best, propelling your business forward in every corner of the globe.
Global Payroll & Benefits, Handled
Financial well-being is critical to employee satisfaction. That’s why we navigate the intricacies of international payroll and benefits with expertise. Our solutions offer your workforce a competitive and fully compliant financial package, wherever they may be. With Express Global Employment, you can assure your team that their compensation is globally competitive wherever they are in the world.
Borderless Expansion, No Entity Needed
Launch your workforce in 190 countries without the burden of establishing local entities. Our all-in-one global employment solution allows quick, compliant onboarding and talent management. You can immediately scale up your operations and seize international opportunities with Express Global Employment as your guide.
New Markets. Zero Risks.
Expanding your business’s horizons should not multiply its risks. Protect your global ventures from compliance pitfalls with our expert guidance. We manage the complexities of employee classification and permanent establishment risks, ensuring that your expansion is secure and strategically sound. With us, new markets mean new opportunities, not new worries.
Global Employment Solutions
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 specialised areas | Employee Work Visa and Work Permit sponsorship | Health checks | Employment Agreement drafting | In-country registration with statutory bodies | Working hours | Mandatory Benefits | Tax Reporting frequency and requirements; | Employment agreement termination: |
Executive search | Dependent Visa | Criminal record checks | Compliant worker onboarding on your behalf | Day-to-day payroll management | Overtime | Health insurance | Employer taxes & contributions | Dismissal – by the employer |
Contingency workforce | Visa extension | Background checks | Account setup in the payroll and HR system | Monthly pay slips or other pay frequency | Public holidays | Workers’ compensation | Employee taxes & contributions | Resignation – by the employee |
Application for a sponsor license for a foreign national | Education checks | Employee data entry and records maintenance | Accruals | Annual leave | Unemployment insurance | Withholding tax | Termination by mutual agreement | |
Relocation assistance | Managing probation periods | Allowances | Parental leave | Voluntary Benefits | Local tax payments and reporting to local authorities | Notice period handling | ||
13th and 14th salary | Sick leave | Share plans for executives | End of financial year reporting | Final settlement & severance payments | ||||
Additional leave | Bonuses & Equipment provision | De-registration with statutory bodies | ||||||
Expenses reimbursement & business trip processing | ||||||||
Health insurance, dental treatment |
How a Global Employer of Record Can Replace Multiple Vendors in Guatemala
Partnering with a Global EOR can replace the need for multiple vendors, as they provide a wide range of services necessary for operating a business in Guatemala. A Global EOR can handle payroll processing, tax withholding, and reporting in compliance with regulations, eliminating the need for a separate payroll company in Guatemala. They can also offer comprehensive employee benefits packages, provide HR expertise and support, perform background checks and screening, register and protect intellectual property rights, tax advice, translation services, legal expertise and support, and provide immigration support in Guatemala.
Partnering with a Global EOR benefits companies looking to streamline operations and ensure local laws and regulations compliance. It can also be a cost-effective solution for small to medium-sized businesses needing more resources to hire multiple vendors for each service.
- Payroll Company: Handle payroll processing, tax withholding, and reporting in compliance with regulations in Guatemala.
- Employee Benefits Broker: Offer comprehensive employee benefits packages that comply with local laws and regulations.
- HR Consultants: Provide HR expertise and support, including recruiting, onboarding, and performance management.
- Background Checks Vendors: Perform background checks and screening to ensure compliance with local regulations.
- IP Attorney: Assist with registering and protecting intellectual property rights in Guatemala.
- Tax Advisor: Provide tax advice and ensure compliance with local tax laws.
- Translation Service: Provide translation services to help bridge language barriers.
- Legal Advisor: Provide legal expertise and support, including contract review and compliance.
- Immigration Advisor: Provide support with work permits and visas for international employees in Guatemala.
Comprehensive Support for Business Immigration by Global Employer of Record
In today’s dynamic business landscape, reaching your full global potential requires a seamless talent acquisition and employment approach. Express Global Employment stands as your trusted partner, empowering you to navigate the complexities of global mobility and immigration with confidence.
Who are the ideal candidates for the Express Global Employment and Immigration solution? They include:
- Corporations seeking to transition their operations to Guatemala aim to hire, relocate, and remunerate expatriates as part of their global workforce strategy.
- Accomplished professionals who possess individual expertise and have secured sponsorship from their employers for immigration and employment opportunities in Guatemala, facilitating their integration into the country’s dynamic work environment.
- Businesses intending to deploy their top-tier talent to Guatemala, leveraging their specialised skills and knowledge to enhance their corporate presence and operational efficiency within this strategically important market.
Global Mobility Services by Express Global Employment
We provide a comprehensive suite of global mobility and global employment services, including:
- Expert guidance on the forms required and how to fill them correctly
- Assistance with document collection and form completion
- Support in preparing for any face-to-face meetings or interviews
- Coordination with in-country immigration authorities as required
- Ongoing support until your case is approved.
Mitigating Risks of Visa and Work Permit Rejections
At the core of our services, risk mitigation is paramount. Through our Global Employer of Record solution, Express Global Employment assumes the responsibility for sponsorship and formal employment, transforming the process of obtaining work permits into a streamlined and dependable operation. If your objective is to manage your international workforce efficiently and cost-effectively, our services are tailored to meet these needs. We provide sponsorship for work permits and visas, regardless of the number of employees or their varied geographical locations. This approach ensures a smooth, compliant, expedited process for deploying talent globally, including in Guatemala.
Spotlight on Guatemala
- Location: Central America, bordered by Mexico, Belize, Honduras, El Salvador, and the Caribbean Sea.
- Capital: Guatemala City
- Population: 18,189,843 (2023 estimate)
- Area: 108,889 sq km (41,654 sq mi)
- Currency: Quetzal (GTQ)