
Drive More Value With
Global Payroll and Compliance (EOR, IC Verification)
Benefits of
Choosing N2S for Payroll (EOR, AOR & PEO)
Cost-effectiveness
Outsourcing payroll processing can be more cost-effective than managing it in-house, allowing your company to rely on a team of experts while reducing overhead costs and administrative burdens.
Time-saving
By outsourcing payroll processing, your company can save time and resources as experts handle payroll tasks, freeing your team to focus on core competencies and drive strategic business growth.
Accuracy
Payroll processing services ensure accurate calculations and timely processing, reducing the risk of errors, fines, and non-compliance with relevant regulations.
Compliance
Payroll processing services ensure full compliance with legal requirements, including taxes, insurance, and employment laws, helping your company avoid legal issues and maintain regulatory compliance.
Employee benefits
Payroll processing services provide access to employee benefits such as health insurance and retirement plans, helping your company attract and retain top talent while ensuring efficient benefit administration.
Scalability
Payroll processing services provide flexibility, enabling your company to scale payroll operations up or down as needed to meet evolving business demands and support growth.
YOU MAY NEED TO KNOW
Frequently Asked Questions
What is Global Payroll and Compliance, and how does Net2Source support it?
Global Payroll and Compliance involve managing employee wages, tax deductions, and benefits while ensuring compliance with local labor laws. Net2Source offers end-to-end payroll management across multiple countries, handling tax filings, statutory compliance, and regulatory reporting to ensure your workforce is paid accurately and on time.
What is an Employer of Record (EOR), and how can Net2Source help?
An Employer of Record (EOR) is a third-party provider that legally employs your workforce in countries where you don’t have a legal entity. Net2Source serves as your EOR, managing employee contracts, payroll, benefits, taxes, and compliance, enabling you to hire globally without establishing a local entity.
What is an Agent of Record (AOR), and when should we use this service?
An Agent of Record (AOR) acts as an intermediary to ensure proper classification and compliance when engaging independent contractors (ICs). Net2Source serves as your AOR, managing contracts, payments, and legal compliance for your IC workforce, reducing misclassification risks.
How does Net2Source ensure compliance with local labor laws for EOR, AOR, and IC processing?
Net2Source has in-country legal experts who stay updated on labor regulations and tax laws. We ensure all employment contracts, tax filings, and compliance reports meet local standards, reducing your exposure to legal and financial risks.
Can Net2Source manage payroll for both employees and independent contractors?
Yes. Net2Source provides seamless payroll management for both employees and independent contractors. Whether through EOR for full-time employees or AOR for contractors, we ensure accurate, timely payments and compliance in all jurisdictions.
What are the benefits of using Net2Source’s EOR and AOR services?
With Net2Source’s EOR and AOR services, you can expand into new markets quickly without establishing a legal entity. Our solutions offer faster onboarding, mitigate compliance risks, manage cross-border payments, and ensure proper worker classification.
How does Net2Source handle tax compliance and reporting for global operations?
Net2Source’s payroll platform automates tax calculations, deductions, and filings based on local regulations. We provide detailed reports for audit purposes and ensure all necessary tax documents are submitted on time, minimizing compliance risks.
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