Exploring new markets? You can do it without spending a lot of time or money on establishing a local entity. Our professional EoR services will take on your employment-related legal and admin responsibilities so you can scale your business faster and more efficiently.
A Professional Employment Organization (or PEO) is a company that provides employee management services to businesses. It acts as a co-employer, while an EoR becomes the official legal employer of your employees.
EoR services make it easier for businesses to expand into new markets.
Streamline your workforce management with our comprehensive Employer of Record services. We act as the legal employer for your employees, handling all the complex HR, payroll, and employment-related legal responsibilities, while you retain control over the day-to-day management of your team.
Your end: sourcing, interviewing, and selecting candidates
Our end: assists with onboarding, background checks (if needed), preparing employment contracts, and managing the legal aspect of the hiring process
Your end: you make the decision to terminate an employee, provide the reasons, and manage the communication with the employee
Our end: we ensure that the termination is lawful, do the paperwork, calculate severance pay (if applicable), and manage legal complexities
Your end: define the company’s leave policies and benefit requirements
Our end: set up and manage the entire benefits system, handle leave tracking, and ensure compliance for both local and foreign employees
Your end: provide employee details and approve monthly payroll
Our end: calculate salaries, manage complex compensation structures, handle tax computations, and process everything on a per-employee basis
Your end: review and approve salary computations
Our end: execute timely payments, maintain detailed payment records, ensure accuracy in every transaction, and generate comprehensive salary reports
Your end: provide necessary company information and verify tax details
Our end: calculate withholding tax, prepare annual summaries, handle PND1 Kor filing with The Revenue Department, and maintain complete tax records
Your end: approve submitted expense claims
Our end: process reimbursements through our streamlined system, maintain documentation, and ensure quick settlement of claims
Your end: provide required documents and information for visa applications
Our end: handle all liaison work with authorities, prepare visa documentation, manage the submission process, ensure compliance with immigration laws
15% of salary + relevant costs (excluding VAT)
Example: ฿120,000 salary = ฿145,750 invoice (฿25,000 + ฿120,000 + ฿750 Social Security Fund) excluding VAT
Capped at 15% of ฿250,000 basic salary
15% of salary + relevant costs (excluding VAT)
Example: ฿120,000 salary = ฿138,750 invoice (฿18,000 + ฿120,000 + ฿750 Social Security Fund) excluding VAT
Capped at 15% of ฿200,000 basic salary
All your accounting, payroll, and tax needs in Thailand are met through our team of professionals.
Quick and efficient service? We got it. Your HR processes run with no hiccups.
We protect your interests as a foreign entity in Thailand, made possible through the ironclad employment contracts drafted by our team.
Our Thai team bridges any cultural gaps through excellent English communication skills.
╰┈➤ An EoR is a third-party service provider that legally employs and manages your staff in Thailand, without having to set up a local entity. The EoR handles all HR tasks.
╰┈➤ There are several benefits of using EoR services, including:
╰┈➤ Yes, absolutely! This includes mandatory benefits, such as social security, health insurance, and workers’ compensation, and supplement benefits like retirement plans.
╰┈➤ Both deal with HR, but their main difference is that a PEO (Professional Employer Organization) is the co-employer of a company and shares legal responsibility for the employees, while a staffing company is the sole employer and focuses on recruitment and providing temporary/contract workers.
╰┈➤Partnering with a PEO can indirectly influence your company culture, but it won’t direct manage it.
It’s important to remember that you retain control over your company’s values, mission, and day-to-day management. The PEO acts as an enabler, providing resources and support that allow you to cultivate the culture you desire.
╰┈➤A PEO is a co-employer of your staff (shared legal responsibilities and liabilities), while HR outsourcing involves delegating HR functions to a third-party provider (you have the full legal responsibility for your employees).
Reliance Consulting Co. Ltd. in Thailand is a member firm of international accounting network firm of Santa Fe Associates International (SFAI), based in Santa Fe, New Mexico, USA. SFAI is a multinational professional service company specializing in accounting services, auditing, tax, corporate legal consulting, enterprise risk and financial advisory.
Reliance Consulting Co. Ltd
The year-end period is coming up as we approach the last month of the year. For many employers in Thailand,
Thailand has the highest household debt rate in Southeast Asia, and around 8 in 10 Thai people are at risk
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The year-end period is coming up as we approach the last month of the year. For many employers in Thailand,
Thailand has the highest household debt rate in Southeast Asia, and around 8 in 10 Thai people are at risk
