PEO / EOR Service
Expand Your Business To Thailand With Local PEO / EOR
3P Professional helps companies hire employees in Thailand without establishing a legal entity. All human resources, benefits, payroll, and tax needs for the employees are managed by us, while the new hires and headquarter teams focus on your business goals.
When hiring employees in Thailand, establishing a subsidiary or branch office is not always the best route, as it’s often a lengthy and expensive process. Hiring via a Professional Employer Organization (PEO), or Employer of Record (EOR), is a faster and often more effective option – especially when starting up in a new country.
Our PEO Services hires the employees on your behalf, legally contracting them in accordance with Thailand labor laws. As a result, the burden of compliance is on 3P Professional and the employees can begin work for your company in a matter of days. PEO / EOR provide you with a streamlined option for hiring employees, testing markets, and responding to growing business needs in Thailand.
Why PEO / EOR Service ?
Be a solution to Business Expansion or solution to a Headcount Freeze, PEO / EOR service provide clients with great flexibility and ensures that you can quickly scale up and down before taking the plunge. This is especially true in the case of business expansion. As a guideline, hiring under a PEO / EOR service is at least 50% cheaper than setting up a legal entity when expanding your business to a foreign location.
PEO / EOR Service can help company to save more time by enabling you to hire immediately and allow you to focus more on core business and business growth
Hiring, Benefits & Payroll
Onboard employees fast with legally-compliant employment contracts, gain access to comprehensive employee health insurance benefits, and ensure payroll is timely and accurate.
Compliance
Complete legal and financial guidance that ensures compliance with all in-country governance rules i.e. employment law, taxation, accounting updates in-country to ensure we are always compliant.
Testing a New Market With No Risks
Laws related to employment, taxes and employee benefits are constantly changing, and a good PEO / EOR service provider stays up to date with these changes, so you can rest assured that your business runs in a compliant manner.
Advantages
What does 3P Professional PEO / EOR Service include ?
Discuss terms of employment
Prepare employment agreement
Administer monthly social security employee/employer contributions
Calculate and pay employee salaries
Calculate and submit tax to revenue department
Keep employee salary records
Keep employee annual leave records
Keep employee sick leave records
Keep employee sick leave records
Hire anyone, anywhere around the world without having to set up local entity and concerned about local law.
Frequently Asked Questions (FAQ)
An Employer of Record (EOR) in Thailand is a service that allows companies to outsource employment responsibilities for their international or remote workers in Thailand. The EOR becomes the legal employer, handling payroll, taxes, compliance, and HR functions on behalf of the client company, ensuring full adherence to Thai labor laws and regulations.
EOR services in Thailand ease global expansion, minimize legal and tax risks, ensure compliance with local regulations, and offer access to benefits. EOR services prevent companies from needing to set up a legal entity in Thailand, saving time and resources while allowing companies to focus on their core business operations.
Yes, an EOR service in Thailand can help you provide employee benefits. Firstly, they can help you with legal benefits, such as social security, workmen’s compensation fund, etc. Then, they can support you with optional benefits such as healthcare and provident fund, etc.
An EOR in Thailand signs an employment contract with the worker while the client company manages day-to-day work tasks. The EOR takes care of compliance, payroll, benefits, and taxes. It simplifies global employment, especially for companies with international teams.
While both manage employment functions, a PEO typically shares employer responsibilities, while an EOR fully becomes the employer. PEO service is suitable for a company with an entity in Thailand, but it requires an external company specializing in HR to help with HR tasks. EOR service is suitable for a company that doesn’t have an entity in Thailand.