Indonesia Statutory Updates for 2024
These are a few statutory updates that are effective in 2024 for Indonesia. Effective December 2024 Indonesia Increases Application Fees for Work Permits and Stay Permits The Indonesian government has announced significant fee increases for various visa types, including: Short-Term Work Permit: Increased to IDR 5,250,000 (previously IDR 1,800,000) plus an additional USD 150. Long-Term […]
Exploring The Thriving Vietnam Tech Industry
The Vietnam tech scene has a promising future ahead of it From the bustling capital of Hanoi to the dynamic metropolis of Ho Chi Minh City, Vietnam is positioning itself as Southeast Asia’s frontier for technology and innovation. This surge has captivated startup enthusiasts, investors, and the global tech community alike, as they witness the […]
Vietnam’s minimum wage increase for 2024
Last month, Vietnam’s National Wage Council set the minimum wage increase for 2024, amounting to a 6% rise. This was decided on due to both inflation and the country’s economic growth—it being one of the fastest growing nations economically in the region. The increase will be implemented in July 2024. As the minimum wage is […]
How an Employer of Record Company Helps Consulting Firms in China and Hong Kong
Consulting firms in China and Hong Kong often face complexities related to employment laws, tax regulations, and local administration when hiring employees. To streamline their operations and focus on their core business goals, consulting firms can benefit from partnering with an Employer of Record (EOR) company. Let’s explore how an EOR company like Eos can […]
Why Use A PEO Service to Manage Your Business Expansion Globally
Professional Employer Organization (PEO) services have emerged as a significant force in today’s global business environment, providing comprehensive HR solutions for businesses. PEOs enable smaller firms to cost-effectively outsource the management of human resources, employee benefits, payroll, and workers’ compensation, freeing company leaders to focus on their core business operations. They play a particularly vital […]
The Rise of Renewable Energy in Vietnam: Opportunities and Challenges
Let’s look at renewable energy in Vietnam and how the country became the front-runner in Southeast Asia’s green revolution Vietnam’s rapid economic growth has been coupled with a rising demand for energy, prompting a critical shift towards sustainable resources. With the world’s collective eye on green solutions to reduce our carbon footprint and mitigate the […]
How does Generative AI help with companies expanding overseas
Have you ever thought that AI could help you expand your company overseas? Read this article for details. Introduction In today’s dynamic and interconnected business landscape, expanding overseas has become an essential strategy for businesses seeking to grow, diversify their revenue streams, and tap into new markets. However, this process can be complex, and fraught […]
What Is An EOR Provider? A Guide To Employer of Record
When it comes to expanding your business internationally, there are several challenges to consider, two of which are managing the legal and administrative complexities of hiring and employing local talent and expatriating employees. This is where an Employer of Record (EOR) company steps in. An EOR provider can be a game-changer when it comes to […]
The Bubble Tea Market and Its Growing Popularity
What is bubble tea and what role does it play in the current beverage market? Read this article to get more information. Introduction Tea has a history of nearly five thousand years in China, it is deeply integrated into the history and culture of the country, and with the development of trade spread to the […]
What Should Relocation Jobs Include In Their Package
In the current global economy, around 40% of businesses are experiencing a notable trend in employee relocations. This shift in workforce mobility emphasizes the increasing need for thoughtfully designed relocation packages. These packages go beyond just helping talents move to vital businesses and ensure a seamless transition for employees relocating to new environments. Importantly, offering […]
