Shield GEO or Globalization Partners: Choosing the best option for global business expansion

The goal of every organization is growing. For growth to happen, an organization has to go beyond its comfort zones and explore new territories. While the idea of taking your business overseas is a natural growth step and can be appealing, global expansion can be an arduous process.

Between recruiting new talents, getting familiar with the new territory laws and policies, and adjusting to the cultural norms, the pathway to globalization for an organization is not clear-cut and straightforward.

One way of entering the market with minimal risks is by working with an EOR — Also referred to as Employer of Record. Shield GEO and Globalization Partners are two of the leading EOR companies that have led the charge in helping organizations expand into new territories successfully.

By highlighting their offerings and looking at alternative EOR companies, this article aims to help businesses decide whom to opt for when expanding into new territories.

Shield GEO

The GEO in Shield GEO means Global Employment Organization. Shield GEO has built its company’s mode of operation around that meaning. Acting as an Employer of Record (EOR), the company provides payroll services and outsourced employment for many organizations seeking globalization into new territories by recruiting from countries of interest.

Shield GEO’s core services are straightforward. The company handles every area of in-country payroll on behalf of the organizations they represent. This includes taxation and security deductions. Shield GEO also handles work permits and all forms of immigration arrangements by sponsoring work visas as required by their client employees.

One of the significant works in expanding into new territories is dealing with the local compliances. Shield GEO takes up the responsibility of an EOR and acts as the legal entity for workers in a country on behalf of their client organization.

Globalization Partners

Globalization Partners is the only global EOR that is Privacy Shield certified for HR Data. Founded in 2012, it has grown to become one of the leading global HR platforms that enable organizations to hire in more than 187 countries within days. As an EOR, Globalization Partners puts the talents identified by their client organization on a fully compliant payroll. This act eradicates the burden of global corporate tax, legal, and PR from its duties and is being handled most efficiently by Globalization Partners.

Alternative EOR companies

Skuad

As a digital payroll platform, Skuad enables global payroll management and eases recruitments in over 150+ countries without having to set up local entities or subsidiaries. As a fully operational EOR, Skuad simplifies onboarding contractors or hiring employees by automating the onboarding workflow. Skuad also sends locally compliant and ironclad contracts for digital signatures, ensuring taxation is compliant with local laws and so much more.

iWorkGlobal

From their headquarters in San Francisco, iWorkGlobal makes expansion into new territories a walk in the park situation. Their operations ensure that recruiting the best talent anywhere in the world is quick, simple, and straightforward. While operating as a fully functional global EOR, they also go the extra mile in developing strategies for further international expansions into new territories for their current employees.

Conclusion

Growth is essential to any organization’s longevity, and this is why expanding into new territories must be done in a very fluid and effective manner. Using an EOR for global expansion is a tested and trusted route to follow. These companies have a wealth of experience in successfully helping organizations plant their footprints in new territories. Admittedly, entering a new space is full of challenges; therefore, getting professional assistance from a trusted EOR is the best bet in scaling the hurdles and achieving success.