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Double tax treaties: How they affect international contractors

Are you a business leader considering expanding your talent pool by hiring independent contractors from abroad? If so, you'll want to understand the ins and outs of international tax laws, particularly "double tax treaties." In this post, we'll explain what these treaties are, how they operate, and how they can impact you and your potential international contractors.

A guide to the U.S. Foreign Account Tax Compliance Act (FATCA) for international contractors

Navigating the tax landscape is crucial for international contractors, especially when dealing with U.S. clients or institutions. One essential piece of legislation you should understand is the U.S. Foreign Account Tax Compliance Act (FATCA). This blog post delves into the world of FATCA and its implications for international contractors.

A guide to the EU's Posted Workers Directive for international

A guide to social security contributions for international contractors

Navigating the realm of social security contributions for international contractors can seem like a daunting task. As an employer, you might wonder how these contributions should be handled or what regulations apply. Rest assured, in this guide, we will take you step-by-step through the process, ensuring you have the tools to manage social security contributions effectively.

A guide to intellectual property rights for international contractors

Working with international contractors or clients can be a rewarding experience, but it's crucial to understand intellectual property (IP) rights in this global context. In this guide, we'll break down IP rights for international contractors, helping you navigate this complex landscape with confidence.

A guide to GDPR compliance for hiring international contractors

The General Data Protection Regulation (GDPR) has dramatically reshaped the way data is handled across every sector, from finance to recruiting. If you're hiring international contractors, especially in the European Union (EU), it's essential to understand and comply with GDPR. In this post, we'll guide you through the essential aspects of GDPR compliance when hiring international contractors, underpinning our explanations with practical examples.

A guide to expense reimbursement for international contractors

Navigating expense reimbursement for international contractors can be challenging, but understanding the process is crucial for avoiding financial burdens and misunderstandings. Here's a step-by-step guide to efficiently managing expense reimbursement for your international contractors.

A guide to employee classification: Full-time vs. part-time vs. contractor

As a business leader, one of the pivotal decisions you'll face is how to classify your workforce. Should you hire full-time employees, part-time employees, or contractors? Each has its own implications for costs, flexibility, and legal responsibilities. In this post, we'll guide you through each of these classifications, highlighting their advantages and disadvantages, and providing real-world examples to help you make an informed decision.

A guide to digital nomad visas for remote workers

As remote work continues to gain traction, many countries are introducing digital nomad visas - special visas for remote workers who want to live and work in a different country. In this guide, we'll explore several of these digital nomad visas, their requirements, and the application process.

A guide to calculating VAT for international contractors

Navigating the world of Value Added Tax (VAT) as an international contractor can be daunting. With various tax laws and rates across different countries, ensuring compliance is essential to avoid fines or penalties. In this post, we'll guide you through the key steps to accurately calculate VAT for international contractors, making this complex task more manageable.

Understanding the U.K.'s IR35 legislation and its impact on international contractors

The Intermediaries Legislation, or IR35 as it is commonly known, is a piece of legislation in the U.K. that aims to tackle what HM Revenue and Customs (HMRC) consider to be 'disguised employment'. This occurs when a worker provides their services through an intermediary, such as a limited company, but would be classed as an employee if this intermediary was not used.

Understanding the EU-UK trade agreement's impact on international contracting

The Intermediaries Legislation, or IR35 as it is commonly known, is a piece of legislation in the U.K. that aims to tackle what HM Revenue and Customs (HMRC) consider to be 'disguised employment'. This occurs when a worker provides their services through an intermediary, such as a limited company, but would be classed as an employee if this intermediary was not used.

Understanding the difference between permanent establishment and tax residency

Navigating international tax laws can be complex, and two crucial concepts that often arise are permanent establishment and tax residency. While they may appear similar, these terms have unique meanings and implications for businesses. This blog post will clarify the difference between permanent establishment and tax residency and their importance for your business.

Top 10 countries with the most flexible labor laws for remote work

Are you considering hiring remote workers from abroad? The idea can be exciting and, in many cases, can open up a world of possibilities for your business. But it can also feel like uncharted territory, with so many variables to consider. One of these variables is labor laws. In this post, we'll delve into the top 10 countries that have the most flexible labor laws for remote work.

The role of a Global Employment Organization (GEO) in international contracting

As your business explores new markets and seeks talent from around the globe, you may find yourself navigating the complex labyrinth of international employment laws and regulations. This is where a Global Employment Organization (GEO) steps in. In this post, we'll delve into the role of a GEO in international contracting, illustrating its functions with practical examples.

The impact of Brexit on hiring international contractors

As your business explores new markets and seeks talent from around the globe, you may find yourself navigating the complex labyrinth of international employment laws and regulations. This is where a Global Employment Organization (GEO) steps in. In this post, we'll delve into the role of a GEO in international contracting, illustrating its functions with practical examples.

The difference between a W-8BEN and W-8BEN-E form for U.S. tax purposes

If you've ever dealt with U.S. tax forms, especially as a foreign individual or entity receiving U.S.-sourced income, you may have come across the terms W-8BEN and W-8BEN-E. These forms are necessary for foreign persons to claim tax treaty benefits and certify their foreign status under U.S. tax law. But what's the difference between the two? Let's dive in and find out.

How to handle employee benefits for international contractors

Navigating the world of international contracting can be a complicated process, especially when it comes to understanding and managing employee benefits. If you're an employer considering hiring international contractors, you're likely wondering how to handle benefits in a way that's fair, attractive, and compliant with local laws. In this post, we'll walk you through some key considerations and provide practical tips for handling employee benefits for international contractors.

How to draft a compliant international non-disclosure agreement (NDA)

In today's interconnected business world, safeguarding your confidential information is crucial, particularly when dealing with partners, contractors, or employees from other countries. A Non-Disclosure Agreement (NDA) is a common tool businesses use to protect their valuable information, but crafting a compliant international NDA can be challenging. Let's explore some essential steps to create an effective international NDA.

How to determine the tax residency of international contractors

Navigating the complexities of international tax laws can often feel like walking through a maze. As a business considering hiring independent contractors abroad, one of the primary issues you'll encounter is determining the tax residency of these contractors. But fear not - this post will guide you through the process, helping to clarify what tax residency is, why it's important, and how you can determine it.

How to create an international payroll calendar for contractors

The rise of remote work has led to businesses hiring contractors from around the world. To manage international contractors effectively, it's essential to establish a reliable and clear payroll calendar. A well-structured payroll calendar ensures smooth operations, avoids misunderstandings, and fosters strong relationships with your contractors. Here's how to create an international payroll calendar for contractors.

How to create a compliant international contractor agreement

Are you considering hiring an independent contractor who resides in another country? It's essential to ensure that you have a compliant international contractor agreement in place. This will not only protect your business but also ensure compliance with all relevant laws and regulations. In this guide, we'll explore the intricacies of drafting a compliant international contractor agreement, including what it is, why it's important, and how to create one.

What is the purpose of a Certificate of Coverage for social security purposes?

Navigating the landscape of international work can often feel like wading through a sea of documentation, each piece more complex than the last. One such crucial document that often emerges in the realm of international employment is the Certificate of Coverage. But what exactly is this certificate, and why is it so important? Let's dive in and explore.

What is the OECD Common Reporting Standard (CRS) and its impact on international contractors?

In our increasingly globalized workforce, international contractors and businesses must tackle a complex array of tax laws and reporting requirements. One critical obligation is the Common Reporting Standard (CRS), developed by the Organisation for Economic Co-operation and Development (OECD). In this post, we'll demystify the CRS and discuss its impact on international contractors.

What is the Intrastat reporting system for cross-border transactions?

Cross-border trade is a vital component of the global economy, and for businesses operating within the European Union (EU), accurate reporting of trade statistics is critical. The Intrastat reporting system is designed to collect data and generate statistics on the trade of goods among EU countries. In this blog post, we'll dive into the intricacies of Intrastat reporting, discussing its mandatory and optional elements, and outlining the overall reporting process.

What is the difference between an ITIN and an EIN for U.S. tax purposes?

What is the difference between a withholding agent and a tax agent?

Navigating the world of tax can be overwhelming, especially when dealing with unfamiliar terms like withholding agents and tax agents. In this post, we'll break down these two critical tax roles and explain their differences, helping you better understand tax compliance, whether you're a small business owner or an international contractor.

What is the arm's length principle in transfer pricing for international contractors?

Transfer pricing is a critical concept for multinational businesses and international contractors. Essentially, transfer pricing concerns the prices charged for goods, services, or intellectual property (IP) between related entities within an enterprise, such as between a parent company and its subsidiaries. While this might appear simple, it can become complex when transactions span international borders and involve various tax jurisdictions. This is where the arm's length principle comes into play—a cornerstone of transfer pricing rules used by numerous countries and integral to understanding international taxation.

What is reverse charge VAT and how it affects international contractors

As an international contractor, understanding the intricacies of reverse charge VAT is crucial for ensuring compliance with tax laws and avoiding potential fines or penalties. In this guide, we'll explore what reverse charge VAT is, how it works, and what it means for international contractors.

What is a BIC code and how to find it for international payments

As you expand your business across borders, you'll inevitably encounter new banking terminologies. One such term you're likely to come across is the BIC code, a crucial component for making international payments. If you're wondering what a BIC code is and how to find it, you're in the right place. In this post, we'll demystify the concept and guide you through the process of finding a BIC code.

1099-NEC vs. 1099-MISC: The One Difference to Know

If you're a business owner who hires independent contractors, it's important to understand the differences between the 1099-NEC and 1099-MISC forms. These forms are used to report payments made to independent contractors, but each has its own specific purpose.

1099-NEC vs. W2: The Difference You Need To Know

Want to hire someone, but don’t really understand the difference between a 1099 and a W2? We’re here to break it down for you.

How To Send ACH Payments to Independent Contractors (In Minutes)

Are you tired of dealing with paper checks and snail-mail when paying your independent contractors? Consider using ACH payments: An electronic payment system that makes it easy and efficient to transfer funds between banks. In this piece, you’ll learn you can use ACH to pay your independent contractors.

Biweekly vs. Monthly Payroll: How To Choose for Your Business

Deciding how often to pay your employees can be a tough decision. Do you want to pay them every two weeks, or once a month? Both options have their advantages and disadvantages, so let's take a closer look.

Why You Might Need A Confidentiality Agreement (And How To Create One)

Are you considering hiring a global contractor but worried about protecting your business's confidential information? Look no further! A confidentiality agreement is a straightforward and essential tool for ensuring that your sensitive information remains safe and secure. Below, you’ll learn how to create your own confidentiality agreement in six easy steps.

The Ultimate Checklist for Hiring Independent Contractors

If you're planning to hire independent contractors abroad, it's important to have a checklist to ensure that you're doing everything you need to do to comply with relevant laws and regulations, protect your business, and build strong relationships with your contractors. We’re here to help with a contractor hiring checklist to guide you through the process.

Contractor Tax Checklist: What You Need To Know To Prepare Your Taxes

Preparing your taxes as a contractor can be a complex and confusing process, especially when you're working in a foreign country. With so many different regulations and compliance considerations to keep in mind, it's easy to miss something important. That's why we've put together this comprehensive international contractor tax checklist to help you navigate the process and ensure that you're ready come tax time.

What’s the Difference Between Contractors and Employees in the UK?

The United Kingdom has a complex network of labor laws, with significant differences between employees and contractors. Understanding the differences between these two groups is key for employers looking to hire contractors in the UK.

Do Independent Contractors Need A Business License?

Are you an independent contractor wondering whether you need a business license to operate legally? The answer, as with most things in life, is: it depends!

A Simple DPA Contract Template for 2023

If you're an employer hiring independent contractors to process personal data, it's important to have a Data Processing Agreement (DPA) in place. This legally binding contract outlines the responsibilities of both the data controller (you) and the data processor (the contractor) with respect to the processing of personal data.

How To Draft an Employment Verification Letter (With Template)

If you need to provide an employment verification letter, don't panic! It's actually pretty easy, and we're here to guide you through the process. Here's a simple step-by-step guide to creating an employment verification letter and a sample template to help you get started.

Gross Pay vs. Net Pay: What’s the Difference?

Are you hiring independent contractors abroad and wondering about the difference between gross pay and net pay? It can be confusing, but don't worry—we're here to help.

What is QBI, And How Do I Calculate It? A Simple Guide

If you’re running a business—or running the finances for one—understanding Qualified Business Income (QBI) is important to ensure that your business is running smoothly and compliantly. But it can be tricky to calculate, which is probably why you’re here.

How to Make A SWIFT Transfer (In Minutes)

Need to pay someone and considering making a SWIFT transfer? Then you’ve probably discovered it can be a bit tricky. We’ve got you covered. In this blog post, you’ll learn a few simple steps to making a SWIFT transfer in minutes.

How To Manage Contractor Invoices (Without Wasting Time)

Managing contractor invoices is a daunting task. Every contractor’s invoices look different, they’re submitted at different times, and each of your contractors likely has a different preferred method of payment. It’s often a headache—but it doesn’t have to be.

Your Complete Contractor Hiring Checklist for 2023

Are you thinking about hiring independent contractors abroad? It’s be a great way to access new talent and expand your business, but there are some key things to consider before you take the plunge. To help you out, we've put together an international hiring checklist with some tips and tricks.

How to Pay Your Contractors With PayPal (In Minutes)

Are you considering using PayPal to pay your independent contractors? It's a common option for businesses that need to make fast and secure payments across the globe.

How Do Payroll Taxes Work for Remote Employees?

Are you considering hiring remote employees but feeling overwhelmed by the thought of dealing with payroll taxes in different countries? We've got you covered. Here's what you need to know about payroll taxes for remote employees.

A Simple Paystub Template

As an employer, it's important to provide paystubs to your employees & contractors. Pay Stubs are an essential document that outline the details of an employee's or contractor's pay, including their gross pay, deductions, and net pay.

Pros and Cons of Performance-Based Pay: Worth It or Not?

If you're looking to hire independent contractors abroad, you may be considering performance-based pay as an option. This type of pay structure can have a number of advantages and disadvantages, so it's important to carefully consider your options before making a decision.

Can I Use Stripe to Pay Independent Contractors?

Stripe’s how you make a large portion of your payments on the internet. So you might be wondering: Can I use Stripe to pay my independent contractors? The answer is that, while you can, there are better ways to go about it—that’ll incur you fewer processing fees and let you run payroll in a click. We’ll go over Stripe, and its better alternatives, below.

The Complete List of Tax Benefits for Contractors

Are you an independent contractor looking to maximize your tax savings?

Should You Provide In-Kind Benefits to Your Team?

Are you looking for ways to attract and retain top talent without breaking the bank? If so, you might want to consider offering in-kind benefits to your employees!

1099-MISC Form: What You Need To Know in 2023

You’ve probably heard of the 1099-MISC form. But what is it, and when do you need to use it? Those are the questions we’ll answer below.

1099-NEC Form: The New Way to Report Contractor Income

As an employer, you may be faced with the decision of whether to hire a full-time employee or an independent contractor. Understanding the requirements for issuing the 1099-NEC, also known as the "1099-Miscellaneous Income" form, is an important part of this decision-making process. In this blog post, we'll explore when to issue the 1099-NEC to independent contractors abroad and when it may not be necessary.

What Is A Contractor Business License? And Do I Need One?

What’s a contractor business license? And do I need one? Good questions. You’ll get your answers in this piece, where we’ll cover the ins and outs of contractor business licenses.

What is a DPA?

So you’ve heard you might need a Data Processing Agreement (DPA).

What Is A Foreign Tax Exemption?

A foreign tax exemption is what you’ll use if you make foreign income, or reside in a foreign country, and want to be exempt from tax in your home country. With foreign tax exemptions, you’re typically only taxed on foreign income in the country you earned it. This helps you avoid double taxation.

What Is A Foreign TIN?

As an employer, hiring independent contractors abroad can come with a variety of challenges, including navigating different tax laws and regulations. One important aspect of this is understanding the Foreign Tax Identification Number (TIN).

What Is An HRIS System? And How To Choose one

Tired of drowning in a sea of paperwork and spreadsheets every time you need to manage your employees' data or run an HR process? HRIS systems are built to help you take some of this work off your hands.

What Is A Pay Stub?

So you’re figuring out how to pay your team, and you’re learning you need pay stubs. But what are they, exactly? If you’re wondering, you’re not alone. Below, we’ll teach you everything you need to know about pay stubs—and why your team needs them.

What Is A PEO? (And Do I Need One?)

If you’ve ever thought about hiring outside of your home country, you’ve likely heard of a PEO. Which raises a whole new set of questions. In this short article, you’ll learn what a PEO is—and whether or not you need one to make international hires.

What Is A Sole Proprietorship? What You Need To Know

As an independent contractor, you have the freedom to choose how you want to structure your business. While there are several options to choose from, the sole proprietorship is one of the most common and simplest structures.

What Is A Subcontractor Agreement?

If you’re a contractor and want to hire a contractor to work for you (a little contractor-ception, if you will), you’ll want to have a subcontractor agreement. Below, we’ll tell you why—and give you a simple checklist for writing your own.

What Is A TIN? Everything You Should Know

It’s a taxpayer identification number. That’s the answer. Now, if you’re here to learn about what that actually means, you’re in the right place. Read on to learn everything you could possibly want to know about TINs.

What Is A W-8BEN Form? What Employers Need To Know

If you hire people outside of the United States, you’ll need to get acquainted with the W-BEN form? But what is it, and why does it matter? Read on to learn everything employers need to know about the W-8BEN.

What Is A W-2?

If you hire employees, you’ll want to get acquainted with the W-2 Form. What is it, and when should you use it? You’ll get the answers to both those questions below.

What Is A W-2 Employee? (And Why They’re Different From Contractors)

As an employer looking to expand your business overseas, you may be considering hiring independent contractors or W2 employees. Understanding the differences between these two types of workers is critical to making the right hiring decision, as well as ensuring compliance with legal and regulatory requirements. In this blog post, we'll dive into what a W2 employee is, how it differs from an independent contractor, and the key considerations you should keep in mind when making your hiring decisions.

What Is A W-9?

Hiring contractors? You’re going to need to ask them for a W-9. This article explains why, plus everything else you could possibly need to know about W-9 forms.

What Is A Work-From-Home Stipend? What You Should Know

Hiring remote? Working remotely? Either way, you’ll want to get acquainted with work-from-home-stipends. They’re additional payments (usually monthly) offered to employees or contractors to help them get work more effectively remotely.

What Is Accrued Payroll? And How To Calculate It

Are you a business owner or manager wondering what in the world "accrued payroll" means? You're not alone. In this post, we'll break down what accrued payroll is, why it's important, and how to calculate it.

What Is A Statutory Employee?

A statutory employee is an independent contractor who’s treated as an employee for tax purposes.

Payroll Taxes in India: What To Know For Compliance

Are you considering hiring independent contractors in India? As an employer, it's essential to understand payroll taxes in India to ensure compliance with the country's laws and regulations. In this post, we'll break down the basics of payroll taxes in India, their implications for your business, and how to stay compliant.

How to Register a Sole Proprietorship in South Africa: A Step-by-Step Guide

Are you looking to start a business as a sole proprietor in South Africa? In this post, we'll provide a step-by-step guide on how to register a sole proprietorship in South Africa.

GST Registration for Sole Proprietorship in India: A Step-by-Step Guide

If you are a sole proprietorship operating in India, you are required to register for Goods and Services Tax (GST) if your annual turnover exceeds Rs. 20 lakhs. Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India.

The Contract Labour Regulation and Abolition Act in India: A Guide for Employers

The Contract Labour Regulation and Abolition Act is an important piece of legislation in India that regulates the employment of contract labor. As an employer, it's essential to understand this act's provisions and comply with them to avoid legal and financial consequences. In this post, we'll provide you with a guide to the Contract Labour Regulation and Abolition Act in India.

Workers' Compensation in Canada: A Guide for Employers

Workers' compensation is an important part of workplace safety in Canada. As an employer, it's essential to understand workers' compensation laws and regulations to protect your employees and your business. In this post, we'll provide you with a guide to workers' compensation in Canada.

The Canadian Human Rights Act: A Guide for Employers

The Canadian Human Rights Act is a federal law that prohibits discrimination on the basis of various grounds, including race, gender, and disability. As an employer, it's essential to understand the Canadian Human Rights Act and comply with its provisions to ensure a fair and equitable workplace. In this post, we'll provide you with a guide to the Canadian Human Rights Act.

Understanding T4A Forms in Canada: A Guide for Employers and Employees

If you're an employer or employee in Canada, you may have heard of a T4A form. A T4A form is a tax slip that reports income from sources other than employment, such as pension, self-employment, or investment income. In this post, we'll provide you with a guide to T4A forms in Canada.

Do You Need a 1099 in Puerto Rico? Here's What You Need to Know

Want to hire a contractor in Puerto Rico? If so, you may be wondering whether you need to issue a 1099 form to the contractor. In this post, we'll break down the requirements for issuing a 1099 in Puerto Rico and help you understand whether it's necessary for your business.

How to Register a Sole Proprietorship in Singapore: A Step-by-Step Guide

Want to start a business in Singapore? One of the first steps you'll need to take is to register your business. If you're planning on running the business as a sole proprietorship, then you'll need to register it with the Accounting and Corporate Regulatory Authority (ACRA). In this post, we'll provide you with a step-by-step guide on how to register a sole proprietorship in Singapore, so you can get your business up and running as soon as possible.

Understanding and Utilizing it for Your Business

Are you an employer in the UK wondering what PAYE is and how to use it for your business? You're not alone. In this post, we'll break down what PAYE is, why it's important, and how to use it for your business.

A Beginner's Guide to Australian Employment Law: What You Need to Know

Are you an employer in Australia and feeling overwhelmed by the complexity of employment law? In this post, we'll provide a beginner's guide to Australian employment law and cover the essential information you need to know.

How to Get an ABN in Australia: A Step-by-Step Guide

Are you starting a business in Australia and need an ABN (Australian Business Number) to operate legally? In this post, we'll provide a step-by-step guide on how to get an ABN in Australia.

Understanding the Modelo 111 Form in Spain: A Guide for Employers

Are you an employer in Spain wondering what the Modelo 111 form is and how to use it? In this post, we'll provide a guide to the Modelo 111 form in Spain and cover the essential information you need to know.

Understanding the Modelo 190 Form in Spain: A Guide for Employers

Are you an employer in Spain wondering what the Modelo 190 form is and how to use it? In this post, we'll provide a guide to the Modelo 190 form in Spain and cover the essential information you need to know.

A Guide to Payroll Taxes in the Philippines for Employers

Are you an employer in the Philippines wondering about payroll taxes? In this post, we'll provide a guide to payroll taxes in the Philippines and cover the essential information you need to know.

How to Hire a Virtual Assistant in the Philippines: A Step-by-Step Guide

Are you a business owner looking to hire a virtual assistant in the Philippines? In this post, we'll provide a step-by-step guide on how to hire a virtual assistant in the Philippines.

A Guide to BIR Form 2307 in the Philippines: How to Fill It Out

Are you a business owner in the Philippines wondering about BIR Form 2307? In this post, we'll provide a guide to BIR Form 2307 and cover the essential information you need to know about filling it out.

A Guide to Freelancer Tax in the Philippines: What You Need to Know

Are you a freelancer in the Philippines wondering about taxes? In this post, we'll provide a guide to freelancer tax in the Philippines and cover the essential information you need to know.

A Guide to Sending Money to the Philippines: Tips and Methods

Are you looking to send money to the Philippines? In this post, we'll provide a guide to sending money to the Philippines and cover all your potential options.

Understanding German Labor Laws in 2023: A Comprehensive Overview

Are you an employer or employee in Germany wondering about labor laws? In this post, we'll provide a comprehensive overview of labor laws in Germany and cover the essential information you need to know, including recent changes and updates that came into effect in 2023.

Navigating the 2023 Tax Changes: A Comprehensive Guide for Freelancers in Germany

Are you a freelancer in Germany wondering about taxes? You aren’t the only one. In this post, we'll provide a comprehensive guide to freelancer taxes in Germany, including the essential information you need to know, as well as important tax changes in 2023 that may affect you.

A Guide to Registering a Sole Proprietorship in Japan: Steps and Requirements

Are you looking to register a sole proprietorship in Japan? In this post, we'll provide a guide to registering a sole proprietorship in Japan and cover the essential information you need to know.

A Guide to Registering as a Sole Trader in Portugal: Steps and Requirements

Are you looking to register as a sole trader in Portugal? In this post, we'll provide a guide to registering as a sole trader in Portugal and cover the essential information you need to know.

Understanding Payroll Taxes in Brazil: A Comprehensive Guide for Employers

If you hire people in Brazil, you should know a bit about the payroll tax system. In this post, we'll provide a comprehensive guide to employer payroll taxes in Brazil and cover the essential information you need to know.

A Comprehensive Guide to MEI (Microempreendedor Individual) in Brazil: Benefits and Requirements

As a small business owner in Brazil, registering as a Microempreendedor Individual (MEI) can provide you with a simple and affordable way to formalize your business and gain access to a range of benefits and protections. In this post, we'll provide a comprehensive guide to MEI in Brazil and cover the essential information you need to know.

Secure Your Business Deposits Beyond FDIC Limit: A Comprehensive Guide

Banks don’t fail often. But when they do, it’s often a domino effect—and the official FDIC insurance only goes up to $250k. Which means that if you’ve got more than $250k deposited and your bank fails, you could be at a loss. So what can you do about it?

How to pay international employees anywhere in the world

Running payroll within your home country is tough enough. Paying a team in multiple countries is a headache: banking and compliance systems just weren’t set up for a world where you can just as easily work with someone across the street as across the globe. The good news? There’s a way to streamline your international payroll — so you can pay your team in a few minutes, not hours. Read on to learn more about paying your team in 2023.

What is a foreign subsidiary? And should I open one?

So you want to hire abroad. You’ve done some research. You’re ready to go: but you keep hearing that you need a foreign subsidiary to hire teammates in other countries. Is that true? What even is a foreign subsidiary? We’ll answer your questions below. And, we’ll explain why you might not need a foreign subsidiary at all.