Best PEO and Employer of Record (EOR) partners in Malaysia

Malaysia is one of the most prominent destinations in Asia for business expansion. Due to its seamless trade relations with other countries on the continent, any business looking to make headway into the Asian market can look at Malaysia as a better option. However, setting up business operations in Malaysia can be tricky due to the employment laws and tax regulations organizations must fully comply with.

As a country integrated with the latest and innovative technologies, Malaysia is naturally home to a tech-savvy workforce, which will help you establish your business efficiently.

However, hiring, onboarding, and managing payroll for your team can be a daunting task. Thus, utilizing a global Professional Employer Organization (PEO) or an Employer of Record (EOR) partner will streamline the recruitment process, ensure full compliance with the Malaysian employment laws, and make payroll management efficient.

Partnering up with PEO services in Malaysia will help you take care of the payrolls, onboarding, benefits management, contracts, termination, etc., of your employees. Here are a few recommendations to help you choose a suitable PEO Malaysia.

Popular PEO Companies in Malaysia

Skuad

Skuad’s unified HR platform enables organizations to hire, onboard, pay employees, manage payroll, and ensure full compliance with the Malaysian employment laws and tax regulations on behalf of its client organizations.

Skuad combines its localized intelligence with advanced technological solutions to help organizations establish a strong foothold in foreign countries. As one of the leading EOR companies in Malaysia, Skuad enables you to build a global team of adept professionals and manage them from anywhere in the world.

Core Offerings;

• Skuad has a global infrastructure in 150+ countries. You can establish your business in any market with them, including Malaysia.
• With their unified employment platform, onboarding contractors and employees are streamlined. Create and share digital contracts to automate the employee onboarding and management process.
• Working as one of the best EOR companies in Malaysia, Skuad guides you with accurate employee classification and contracting measures while adhering to the local taxation and compliances.

Partnering up with Skuad to work as your Employer of Record, you will benefit from IP protection and end-to-end employee management.

Velocity Global

As an international team builder and management consultant, Velocity Global simplifies your expansion plans, strengthening them with accurate country-specific knowledge. It works as a PEO and an Employer of Record (EOR) in Malaysia. The integrated services package provided by Velocity Global takes care of the present and future needs.

Core Offerings:

• Rapid and Compliance-led employee onboarding is followed by adequate pay and management solutions are conducive to your expansion plans and future objectives.
• Cost-effective team building and growth strategies shared by industry experts possessing local market knowledge.
• One of Malaysia’s best PEO and EOR services, it moves ahead with risk mitigation approaches while ensuring that the client organization complies with the rules and regulations.

Working with Velocity Global translates to faster market entry and up to 60% cost-savings, and starting operations in Malaysia without setting up an entity.

Global PEO Services

Global PEO Services is an expert at helping companies test new markets without setting down their roots. Working with such a PEO and EOR partner in Malaysia, you can easily hire talent, operationalize the HR functions and ensure compliance without taking any operational risks.

Core Services:

• Global PEO Services supports your global expansion plans with their full entity lifecycle support structure that begins with expanding and creating an entity.
• The EOR in Malaysia will provide a robust support structure for hiring, operations, and reporting. It is worth mentioning that you will get absolute assistance for payroll, analytics, and filing taxes.
• Going one step further, Global PEO Services in Malaysia has deep-set expertise in arranging employee visas and work permits if required by the organization.

Global PEO Services is one of the leading EOR companies in Malaysia, offering a comprehensive support structure to create a Hire-to-Retirement system for the organization. Working with them means you can focus on your core business logic and look forward to successful expansion.

EvoResource

As an organization based in Malaysia, EvoResource can help organizations set up their businesses without any hassles. By offering its PEO services in Malaysia, EvoResource helps organizations manage their salary calculations, contracts, staffing, etc., while adhering to the Malaysian employment laws.

Core Offerings

• On-ground experts help simplify hiring the workforce while taking care of the regulatory compliance and payroll.
• EvoResource PEO Malaysia helps organizations maintain and sustain the ultimate control of their employees, where the PEO company will supervise all the operations.
• EvoResource offers a single point of contact to its clients, which throws any confusion and second-guessing the procedural implementation out of the window and establishes a good relationship.

Along with taking care of the staffing needs, you can also ask them to provide training & development services combined with HR administration.

INS Global

ING Global helps its partners and clients expand their businesses in foreign markets by creating an effective and conducive environment. In this capacity, this PEO Malaysia will help you identify the opportunities and tackle the challenges presented when making headway into a new market.

Core Offerings:

• In terms of payroll and employment solutions, INS Global ensures that your organization is compliant and adheres to the local regulations.
• INS Global is an expert at handling the payroll and taxation requirements of new and established businesses in Malaysia, including the employee’s social security benefits.
• INS Global helps you quickly and efficiently take care of your employment solutions among its PEO services in Malaysia.

After helping more than 300 clients set up their operations in Malaysia and several other markets in the Asia-Pacific region, INS Global is an essential link between your global expansion plans and success.

To Sum it Up

Setting up your business in Malaysia is quite an opportunity and one that you wouldn’t want to miss. However, working through the guidelines and adhering to setup norms can be demotivating as it can take time to start operations.

As a substitute, you can partner up with a PEO and EOR service in Malaysia to help you establish your business with or without setting up a local entity or subsidiary in the country. PEO payroll companies in Malaysia have the expertise to manage the on-ground operations and employees while focusing on other activities promoting the business logic.