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Employer-of-Record (EOR) in Belize: Do You Need One?
ArticlesHow to stay compliant

Employer-of-Record (EOR) in Belize: Do You Need One?

Employer-of-Record (EOR) in Belize: Do You Need One?

Written by
Panther
share

So you want to hire someone in Belize. Problem is, your company is located somewhere else.

If you’ve done some research, you’ve probably been told you should be using an Employer-of-Record (EOR). Why? Well, if your company isn’t located in Belize, using an EOR can help you bypass the traditional obstacles to hiring full-time employees.

But there’s a catch: EOR solutions in Belize are expensive—usually at least $500 per month per employee—and can take time to set up. And because you’re complying with a different set of labor laws, logistics and benefits can end up costing you lots of time and money. While they will save you time from setting up your own Belizean entity, they’re rarely cheap or fast.

The good news? There’s another way to hire remote workers in Belize, and it doesn’t involve forking out huge amounts of money for an EOR.

The solution: Hire your teammates in Belize as contractors. If you’re hiring remotely and your teammates have autonomy, there’s a good chance you can make compliant contractor hires. You still have to use locally-compliant contracts, but the process is a lot easier, more affordable, and faster.

We built Panther to help you make contractor hires, in 150+ countries (like Belize). So you can hire the people you want on your team, without paying thousands for an EOR. You can get set up in a couple of clicks—and you’ll only pay $49 per contractor per month.

It’s just as easy as it sounds. No catch. Here’s what Panther looks like vs. an EOR in Belize:

Get my
Belize
contractor agreement

Hiring with an EOR

Can take weeks to get started
Expensive, normally $500+/employee/month
Country-specific employer responsibilities (healthcare, benefits)
Often require you to sign long exclusivity contracts
Lengthy, burdensome paperwork

Hiring with Panther

Get onboarded in minutes
Start for $0, then $49 / contractor / month
Little to no mandated employer responsibilities
No exclusivity contracts—start and stop whenever
Simple, locally-compliant contracts & automated tax forms

Want to hire contractors, anywhere?

Start with Panther today for $0.

Get started for $0
No credit card required.
Hire as many people as you want.
Pay your entire team in one click.

Want Rapid River has?

Start with Panther today for $0.

Get started for $0
No credit card required.
Hire as many people as you want.
Pay your entire team in one click.

Everything you should know about using an EOR in Belize

Are you considering hiring independent contractors abroad? If so, you may want to consider using an Employer of Record (EOR) in Belize instead. An EOR can help you navigate the complex legal and regulatory landscape of hiring workers in a foreign country. In this post, we'll break down everything you need to know about using an EOR in Belize, including any legal or regulatory conditions specific to the country.

What is an EOR?

An EOR is a third-party company that acts as an employer on behalf of your business. They handle all the legal and administrative tasks associated with hiring workers, including payroll, taxes, and benefits. This can be especially helpful when hiring workers in a foreign country, where the legal and regulatory landscape may be unfamiliar.

Legal and regulatory conditions in Belize

When it comes to hiring workers in Belize, there are several legal and regulatory conditions that you should be aware of. For example, employers are required to contribute to the National Social Security System, which provides benefits such as retirement, disability, and survivor's pensions. Employers are also required to provide paid vacation time, sick leave, and public holidays.

In addition, employers must comply with the Labor Act, which sets out the minimum standards for employment in Belize. This includes requirements around working hours, overtime pay, and termination of employment. Failure to comply with these regulations can result in fines and legal action.

Why hiring independent contractors might be easier

While using an EOR can help you navigate the legal and regulatory landscape of hiring workers in Belize, it may not be the best option for every business. Hiring independent contractors can be a simpler and more flexible option, especially if you only need workers for a short-term project.

When hiring independent contractors, you are typically not responsible for providing benefits. However, you should still ensure that your contractors are properly classified and that you are not misclassifying employees as contractors. Misclassification can result in legal and financial consequences.

What if I accidentally misclassify my contractors?

We’ve got two pieces of good news for you. For one, if you’re hiring remotely, it’s unlikely you’ll misclassify your contractors. Many of the things that qualify people as employees, such as company equipment and set working hours, don’t typically apply to remote work.

Still, it’s helpful to have the comfort of knowing you’re not at risk for misclassification. That’s why, at Panther, we’ve launched Misclassification Assurance: so you can hire contractors abroad, worry-free. Learn more about hiring with Panther below.

Hiring contractors? Panther can save you a ton of time

If you’re hiring contractors, you’re probably spending too much time on their payroll, contracts, and tax documents. Which is why we built Panther, which saves you 90% the time you spend on contractor paperwork each month.

With Panther, you can compliantly hire your contractors in 150+ countries, onboard them in minutes, and pay them all at once (in a click). It’s global contractor payroll, finally simplified.

Sound interesting? Click here to watch a 4-minute product demo and see the platform firsthand (without ever having to book a lengthy product demo call).

Already know where you want to hire?

Learn country specific information about the best practices for hiring remote and how Panther makes it simple.

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What Panther does for Rapid River, in a snapshot:

Hire and pay without Panther

Pay all your contractors individually
Do all currency conversions yourself
Shoulder the burden of platform fees
Spend hours each month making payments
Manually track & store invoices
Manually write & sign contracts
Manually file relevant tax documents

Hire and pay with Panther

Pay everyone with a single click
Get great currency conversion rates
Pay $0 in platform fees
Run payroll in seconds
Let Panther automatically create & store invoices
Let Panther automatically write locally-compliant contracts
Let Panther automatically file local tax documents

Why should I hire and pay my contractors in

Belize

with Panther?

Hire and pay with Panther

Pay everyone with a single click
Get great currency conversion rates
Pay $0 in platform fees
Run payroll in seconds
Let Panther automatically create & store invoices
Let Panther automatically write locally-compliant contracts
Let Panther automatically file local tax documents

Hire and pay without Panther

Pay all your contractors individually
Do all currency conversions yourself
Shoulder the burden of platform fees
Spend hours each month making payments
Manually track & store invoices
Manually write & sign contracts
Manually file relevant tax documents

Start hiring today for $0

Get your contract in minutes

Build the global team of your dreams. We do the heavy lifting.

Start now
ArticlesHow to stay compliant

Employer-of-Record (EOR) in Belize: Do You Need One?

Employer-of-Record (EOR) in Belize: Do You Need One?

Written by
Panther
share
Section 1

So you want to hire someone in Belize. Problem is, your company is located somewhere else.

If you’ve done some research, you’ve probably been told you should be using an Employer-of-Record (EOR). Why? Well, if your company isn’t located in Belize, using an EOR can help you bypass the traditional obstacles to hiring full-time employees.

But there’s a catch: EOR solutions in Belize are expensive—usually at least $500 per month per employee—and can take time to set up. And because you’re complying with a different set of labor laws, logistics and benefits can end up costing you lots of time and money. While they will save you time from setting up your own Belizean entity, they’re rarely cheap or fast.

The good news? There’s another way to hire remote workers in Belize, and it doesn’t involve forking out huge amounts of money for an EOR.

The solution: Hire your teammates in Belize as contractors. If you’re hiring remotely and your teammates have autonomy, there’s a good chance you can make compliant contractor hires. You still have to use locally-compliant contracts, but the process is a lot easier, more affordable, and faster.

We built Panther to help you make contractor hires, in 150+ countries (like Belize). So you can hire the people you want on your team, without paying thousands for an EOR. You can get set up in a couple of clicks—and you’ll only pay $49 per contractor per month.

It’s just as easy as it sounds. No catch. Here’s what Panther looks like vs. an EOR in Belize:

Everything you should know about using an EOR in Belize

Are you considering hiring independent contractors abroad? If so, you may want to consider using an Employer of Record (EOR) in Belize instead. An EOR can help you navigate the complex legal and regulatory landscape of hiring workers in a foreign country. In this post, we'll break down everything you need to know about using an EOR in Belize, including any legal or regulatory conditions specific to the country.

What is an EOR?

An EOR is a third-party company that acts as an employer on behalf of your business. They handle all the legal and administrative tasks associated with hiring workers, including payroll, taxes, and benefits. This can be especially helpful when hiring workers in a foreign country, where the legal and regulatory landscape may be unfamiliar.

Legal and regulatory conditions in Belize

When it comes to hiring workers in Belize, there are several legal and regulatory conditions that you should be aware of. For example, employers are required to contribute to the National Social Security System, which provides benefits such as retirement, disability, and survivor's pensions. Employers are also required to provide paid vacation time, sick leave, and public holidays.

In addition, employers must comply with the Labor Act, which sets out the minimum standards for employment in Belize. This includes requirements around working hours, overtime pay, and termination of employment. Failure to comply with these regulations can result in fines and legal action.

Why hiring independent contractors might be easier

While using an EOR can help you navigate the legal and regulatory landscape of hiring workers in Belize, it may not be the best option for every business. Hiring independent contractors can be a simpler and more flexible option, especially if you only need workers for a short-term project.

When hiring independent contractors, you are typically not responsible for providing benefits. However, you should still ensure that your contractors are properly classified and that you are not misclassifying employees as contractors. Misclassification can result in legal and financial consequences.

What if I accidentally misclassify my contractors?

We’ve got two pieces of good news for you. For one, if you’re hiring remotely, it’s unlikely you’ll misclassify your contractors. Many of the things that qualify people as employees, such as company equipment and set working hours, don’t typically apply to remote work.

Still, it’s helpful to have the comfort of knowing you’re not at risk for misclassification. That’s why, at Panther, we’ve launched Misclassification Assurance: so you can hire contractors abroad, worry-free. Learn more about hiring with Panther below.

Hiring contractors? Panther can save you a ton of time

If you’re hiring contractors, you’re probably spending too much time on their payroll, contracts, and tax documents. Which is why we built Panther, which saves you 90% the time you spend on contractor paperwork each month.

With Panther, you can compliantly hire your contractors in 150+ countries, onboard them in minutes, and pay them all at once (in a click). It’s global contractor payroll, finally simplified.

Sound interesting? Click here to watch a 4-minute product demo and see the platform firsthand (without ever having to book a lengthy product demo call).

Section 2
Employer-of-Record (EOR) in Colombia: Do You Need One?
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