Congratulations! š Your company has partnered with Oyster to ensure you're employed compliantly, paid easily (across borders), and provided a great employee experience regardless of your location.
If you're new to using an employment-as-a-service provider, don't worryāyou're not alone. More and more companies are turning to services like ours to manage their remote teams smoothly and compliantly with local laws.
There are typically 3 ways that someone can be employed in a country that is different from their employer:
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Branch office in the county
- You are hired directly as a permanent employee by the local branch office.
- This solution generally works well when a company is looking to hire 5-10+ people in the country; less than that and the costs of setting up the entity plus maintaining the ongoing compliance of the new entity generally outweigh the benefits of employing there.
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Contracting
- You are hired as a contractor and must invoice the company for your time.
- This is typically used for fixed-length, project-based work.
- You are responsible for securing benefits, paying taxes, social contributions, any required accounting, etc.
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Employment-as-a-Service
- This is our model.
- You are hired as a permanent employee by a local entity on behalf of another company.
- The local entity deals with payroll in local currency, taxes, compliance, etc, but your day-to-day role is with the Company.
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