Eos Global Expansion

EOR Services & PEO Services in Thailand: Expand & Streamline Your Business

expanding into thailand

For businesses expanding into Thailand, hiring an Employer of Record service like Eos would be a good choice

Establishing a presence in a foreign jurisdiction is a significant undertaking. If done correctly, it can open up immense opportunities and take your company to the next level. If poorly strategized or imperfectly implemented, it can drain resources, damage your brand, and potentially put your entire organization at risk.

For more than two decades the Eos team has been enabling companies to achieve fast, efficient, and sustainable expansion into Asia.

expanding into thailand
Photo by Robert Eklund on Unsplash

Many companies expanding into Thailand will first think of entity establishment. We are happy to support this step, but it may not be the best way forward for your business, at least at the beginning. Why?

  • Time
    The time it takes to fully investigate the costs, processes, and tax liabilities involved in the establishment and ongoing financial management of a foreign subsidiary can lead to delay in implementation.  This can lose you the initiative in time-sensitive business.
  • Compliance Risk
    Establishing an entity in a foreign country exposes you to unfamiliar processes and legislation –  tax, reporting periods, labor laws, etc may differ significantly from your home jurisdiction. Mistakes can cost your organization financially, and reputationally.
  • Resource Drain
    The investment required to hire the local tax, payroll, immigration and other specialists, and back-office staff necessary to run a remote subsidiary is significant. Overcoming the language, culture, and time zone obstacles when working in Thailand make it all harder. The management needed to overcome all of this can divert critical resources and focus away from your core business objectives.

Eos’ outsourced employment solutions take away these headaches. Acting as your Employer of Record (EOR)  in Thailand, we can hire your chosen staff into our own local entity, fast-tracking your market entry and enabling you to field staff in Thailand within days. This business model is sometimes known as PEO, (Professional Employer Organization), or GEO (Global Employer Organization). This will make expanding into Thailand a less pain-staking and worry-free endeavor.

Read more: Why Hire an EOR Provider to Globally Expand Your Business: A Comprehensive Guide

You maintain control of the employees` activities and manage their day to day work as usual. Eos takes care of their salaries and local compliance—effectively serving as your local payroll and HR team.

expanding into thailand
Photo by Suhyeon Choi on Unsplash

Key features of our employment solutions for businesses expanding into Thailand

  • Fast market entry (onboard staff within days, guided by experienced professionals),
  • Compliance (avoid local foreign exposure, services provided by local experts)
  • Holistic solution (end to end support, benefitting your company and your staff)
  • Streamlined process (reduces the cost, resources required to maintain a presence)
  • Scalable (from a single employee to large teams, with fixed, easily forecast fees)

So who uses our PEO/EOR solutions in Thailand?

They may be companies who are:

  • Testing the market
  • Moving independent contractors to more compliant solutions
  • Post-merger restructuring
  • Hiring staff for short or fixed term
  • Streamlining operations across multiple countries
  • Fast-tracking market entry
  • Making the first step before entity establishment
  • Seeking to reduce overheads
  • Dispatching staff to their client’s location

Our Services

  • Structuring Advisory
  • Human Capital Management
  • Accounting and Payroll
  • Tax Compliance Services
  • Establishment of Local Entities
  • Ad Hoc Consulting

Link to our FAQ Page

If you want to employ our services to help your business in expanding into Thailand, you may also contact us directly.

 

Featured photo by Peter Borter on Unsplash

Author

eosadmin

Eos Global Expansion is the one-stop shop for global expansion and provides global HR services. Hire staff quickly & compliantly, without the cost, delays, or resource drain of setting up a foreign subsidiary.

Reviewer

Chris Alderson MBE

Chris Alderson is a seasoned CEO with over 25 years of experience, holding an honours degree from Durham University. As the founder and CEO of various multinational corporations across sectors such as Manufacturing, Research & Development, Engineering, Consulting, Professional Services, and Human Resources, Chris has established a significant presence in the industry. He has served as an advisor to the British, Irish, and Japanese governments, contributing his expertise to international trade missions, particularly focusing on global expansion and international relations. His distinguished service to the industry was recognised with an MBE (Member of the Order of the British Empire) awarded by Her Majesty Queen Elizabeth II.

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