“The Global Expansion Guide: How To Grow Fast and Limit Risks Without Setting Up A Company In Gibraltar”

Become An International Business And Gain Presence in Gibraltar Without The Risk Or Expense Of Setting Up a Company.

Download this Guide

to understand the key global expansion factors that make the difference between success and failure

In this guide you’ll learn how to:

• Attract and compliantly pay commission-based sales reps
• Develop international sales and extra revenue opportunities, without setting up own companies overseas
• Enter more markets, test the markets before getting established there, and easily withdraw from the unattractive countries
• Avoid legal and compliance risks
• Design an efficient system of international sales with a strong team of global salesforces

The key to expanding seamlessly into Gibraltar is finding and effectively managing local people. Just a single pair of boots on the ground is a game-changer. Immediate revenue increases with a skilled globally distributed salesforce, or expedited growth with foreign local IT pros; all benefits of a strong international team and presence in the global marketplace.

However, if your company is trying to go global, or is already in those early stages, chances are that you’re starting to understand how complicated global operations can be.

Learn How You Can Expand Your Business Globally Through Employment Fast, Easily, And Risk-Free!

Why a Global EOR is Ideal for Business Expansion or Market Exit

The agility to scale operations is paramount in today’s rapidly evolving global market. But steering through the labyrinth of international employment laws, tax stipulations, and compliance criteria can be daunting. This is where a Global Employer of Record (EOR), like Express Global Employment, steps in as a game-changer. Here’s why partnering with a Global EOR is an astute strategy for global expansion and strategic market exit.

What is a Global Employer of Record?

A Global Employer of Record (EOR) acts as a third-party employer in a foreign jurisdiction on behalf of your business. By taking on the complex legalities and compliance intricacies related to international employment, a Global EOR frees you to focus exclusively on your core business goals, such as strategic planning and revenue generation.

Importantly, a Global EOR also facilitates swift expansion into new markets by enabling you to hire top-tier international and local talent quickly. This approach stands as a smart and cost-efficient alternative to the cumbersome and often expensive process of establishing a local legal entity.

Complexities of Local Entity Setup in Gibraltar

Time-Consuming Procedures

Setting up a local entity usually takes several months, involving steps from business registration to local bank account setup, not to mention compliance with local laws.

Capital Requirements

Many countries mandate a minimum capital investment, which can lock up valuable resources and slow down the operational onset.

Regulatory Compliance

Staying compliant with local laws requires an in-depth understanding of local regulations, often necessitating hiring local experts, further complicating the expansion process.

Risk of Liquidation

Exiting a market isn’t always a straightforward task. The procedures for liquidating a local entity are often laden with regulatory hurdles, financial liabilities, and legal obligations, making the exit strategy more challenging and potentially costly than the initial setup.

Services Provided by a Global EOR

Employee Onboarding and Management

A Global EOR streamlines the local hiring process, carefully ensuring that all practices adhere to the host country’s employment laws.

Payroll and Benefits

By administering local payroll and benefits, the EOR lifts a substantial administrative burden from your shoulders, thus freeing up resources for more strategic tasks.

Legal Compliance

Serving as the local legal employer, the EOR assumes all compliance risks. This effectively minimises your company’s liability and exposure to potential legal complications.

Immigration Support

Beyond employment and payroll, a Global EOR offers crucial immigration support, assisting with work permits and visas. This additional service facilitates the hassle-free mobility of your global workforce, expediting your market entry or expansion efforts.

Multifaceted Advantages of Partnering with a Global EOR

Rapid Market Entry

The intricacies of establishing a local entity often result in prolonged timelines. A Global EOR accelerates this process, allowing for a more efficient market entry.

Strategic Focus

While the Global EOR manages local employment and compliance matters, your team can remain focused on essential business activities such as market research and customer engagement.

Efficiency in Market Exit

 Navigating the complexities of dissolving a local entity can be resource-intensive. A Global EOR alleviates this burden, simplifying the exit process and freeing valuable resources.

Cost-Effectiveness

A Global EOR can help you avoid the hidden costs usually associated with winding down a local entity, thereby making your exit strategy more cost-efficient.

Adaptability

Perhaps one of the most compelling benefits of a Global EOR is its versatility. Whether you’re scaling up or scaling down, a Global EOR allows for seamless operational adjustments without the need for tedious legal procedures or renegotiations.

Global EOR (Employer of Record) Services: Save Up to 75% of Employee Management Cost

	Average Cost & Time	Our Solution *
Time to Market	10+ weeks	72 hours
Legal Advisors Fees	$ 10 000 +	………….
Official Employment & Benefits	$ 20 000 +	………….
Incorporation & Liquidation Costs	$ 11 000 +	………….
Bank Account Setup	$ 2 000 +	………….
Maintenance costs and in-house staff to manage the foreign entity, payroll setup, and HR operations administration.	$ 25 000+	………….
The approximate total cost of new market entry**	$ 74 000 +	$ 15 000

* Per one Employee
** Costs vary from country to country