EoRs allow your company to enter new markets quickly and vastly increasing your talent pool without the burden of opening a legal entity in a foreign country.
This approach also has an advantage over hiring contractors, in that the employees hired are full team members, immersed in the culture and managed by the hiring company.
One of the less obvious benefits is also risk mitigation. As the EoR will be the local employer, they take on many of the local compliance risks. An EoR is responsible for administering all payroll accurately and compliantly, while calculating the appropriate taxes. An EoR will also take out all the necessary local insurances, including Employer Liability.
A good EoR will keep abreast of local law changes and manage the ramifications. They can also provide insights into locally competitive compensation and benefits packages. Lastly, in sensitive cases such as termination, the process (and the risks associated with it) will be managed for you, with your oversight.

In working with an EoR you can expect:

• Simplified payroll process and tax preparation across geographies
• Better regulatory compliance and management of legal risks within various jurisdictions
• Advice on industry best practices and benchmarks in different countries
• Handling of benefits, including insurance and pension schemes according to jurisdiction
• Improved employee experience for remote working by being knowledgeable and compliant with incountry processes
• Flexibility in hiring anywhere in the world