The term “Employer of Record (EOR)” refers to a setup where a company outsources its employer responsibilities to a third party, often in another country. In this arrangement, the Employer of Record (EOR) becomes the legal employer for the company’s employees, handling tasks like Payroll, Taxes, Benefits, and Compliance with employment laws. Essentially, EOR Solutions take on the administrative burden of employment, allowing the company to focus on its core business activities while ensuring all legal and regulatory obligations are met for its employees. The client company manages the workers daily, but the EOR handles all the legal and administrative work. This is beneficial for companies, including startups and SMEs, looking to expand into new countries or hire remote workers without setting up their own legal entity in that country. By using EOR Solutions, companies can streamline their global expansion, reduce administrative overhead, and ensure compliance with local employment laws, leading to a more efficient and focused business operation. EOR in Asia can be particularly advantageous for businesses aiming to enter the Asian market smoothly and cost-effectively.