Introducing Entity Setup: Simplify your international expansion

Hiring internationally is undoubtedly a game-changer for business growth. It allows you to tap into new talent pools, enter fresh markets, and scale faster than ever.

But setting up a legal entity in a new country is a complex and time-consuming process. From navigating foreign tax laws and compliance regulations to managing local payroll and employment contracts, the administrative burden can be overwhelming. In fact, many companies delay or abandon their global hiring plans simply because the setup process is too daunting.

This is why Remote is introducing Entity Setup, a seamless solution that removes the headache of establishing legal entities abroad.

Why do you need to set up an entity abroad?

There are numerous benefits to having your own entity abroad, such as:

• The ability to directly employ top talent. Owning a local entity allows your business to directly employ and manage your teams, ensuring a seamless employee experience and greater access to local talent pools.

• Greater control over operations. Having a local entity provides more control over your day-to-day operations, from payroll management to HR processes. This helps ensure alignment with your business goals.

• An enhanced market presence. A local entity demonstrates commitment to your new market, helping you build trust with employees, customers, and partners.

• Alignment with strategic goals. If your business has long-term growth objectives in a particular market, owning a local entity offers the scalability and flexibility needed to adapt to changing market demands.

What are the challenges of expanding to new markets?

However, when setting up an entity, there are numerous obstacles you’ll need to overcome, such as:

• Complex compliance requirements. Every country has its own unique set of labor laws, tax regulations, and administrative requirements — and they often change. To remain compliant with these laws, you need ongoing local expertise. And, if your company is expanding across multiple jurisdictions, this complexity multiplies exponentially.

• Time and resource intensity. Setting up a local entity is often a lengthy process that involves multiple phases, including registrations, permit acquisitions, and the setting up of HR and payroll systems. These activities can divert valuable resources from your strategic growth initiatives, and delay market entry.

• Operational risks. Mistakes in the entity setup process can have serious repercussions, including fines, legal disputes, and reputational damage. Without expert guidance, your business can be exposed to the risk of costly errors in unfamiliar markets.

• Scalability challenges. If your company expands (or plans to expand) to more regions, the challenges of managing multiple entities, staying compliant, and maintaining operational efficiency becomes increasingly difficult to manage internally.

How does Entity Setup help?

We’re aware that, for many businesses, navigating these challenges is a significant undertaking. That’s why we’ve launched Entity Setup — a comprehensive solution that takes on all the administrative heavy lifting and enables your business to expand seamlessly.

With our Entity Setup service, you get:

• Expert compliance guidance. Our team of local experts ensures all legal and compliance requirements are met during the setup process in your country of expansion, reducing the risk of errors and penalties.

• Time efficiency. With Remote handling the complexities of the entity setup, your business saves valuable time and resources, enabling you to focus on other key areas of your expansion like strategic growth.

• Centralized support. From registration to implementation, we provide full end-to-end support, ensuring a smooth transition and minimizing any administrative requirements.

• Scalable solutions. Whether you’re expanding to one new market or several, our Entity Setup service scales with your business needs, enabling long-term success.

Want to learn more?

To learn more about Entity Setup and how it can help your business, speak to one of our friendly experts today. Together, we’ll guide you through the complexities of international growth — and enable you to achieve your goals with confidence.